...another example on EURUSD H1 chart. Here you would make cca 380 pips ...

UpGrade SurfX indicator to v3.0

• now You can look in the future and see the prediction of future trade signals
• the indicator predicts how it will look like in the upcoming time period
• prediction is stable (does not change) unless a new high/low is made
• if a new high/low is made, then the prediction will also change

See the examples bellow how the SurfX v3.0 would look comparing to charts shown above

Description:

SurfX indicator should be a compulsory equipment of every wave trader. This excellent tool not only measures the current trend/wave direction and its strength but above all it forecasts the current wave break (fade) and also it shows the formation of a new wave and its direction.

Reading and using the SurfX indicator is comprehensive but eventually quite simple.

* green line above red line means trend up
* green line bellow red line means trend down
* if white line occures bellow green line during wave up, wave up is about to break
* if orange line occurs bellow red line durin wave down, wave down is about to break
* if there is no white line bellow green line and green line is bellow 1, wave up is forming
* if there is no orange line bellow red line and red line is bellow 1, wave down is forming

You should use the above described characteristics for opening/closing trades as bellow:

BUY when:

1. green line is bellow 1 and red line is above 1
2. orange line is visible bellow red line (= breaking wave down)
3. there is no white line visible bellow green line (= wave up is forming)

SELL when:

1. red line is bellow 1 and green line is above 1
2. whie line is visible bellow green line (= breaking wave up)
3. there is no orange line visible bellow red line (= wave down is forming)

CLOSE the buy trade when:

1. green line is above 1
2. white line is visible bellow green line (breaking wave up)

CLOSE the sell trade when:

1. red line is above 1
2. orange line is visible bellow red line (breaking wave down)

Setting StopLoss:

When opening a new trade, You should put Your SL bellow/above the previously set low/top. If price crosses such previous top/low and thus creates a new top/low, then the current wave is not breaking as indicated but rather getting more strength.