Benefits of the Surfboard indicator :
- Entry signals without repainting
If a signal appears and is confirmed, it does NOT disappear anymore, unlike indicators with repainting, which lead to major financial losses because they can show a signal and then remove it.
- perfect opening of trades
The indicator algorithms allow you to find the Peak and floor position to enter a deal (buy or sell an asset), which increases the success rate for each and every trader using it.
- Surfboard works with any asset
It allows you to trade cryptocurrencies, stocks, metals, indices, commodities, and currencies with any broker using the MT4 platform.
- Provides signals for any direction
The Surfboard indicator provides signals to enter a trade at any price movement - up, down, or flat (sideways).
- Any chart timeframes will do
The Surfboard indicator works on all timeframes - from minute (M1) to daily (D1).
- Visual and sound alerts
You'll not miss another signals because each of them is displayed on the screen and comes with a sound notification.
- Minimal risks
Extra settings and filters makes it possible to filter out false signals, signals against the trend and other risky trades.
Surfboard indicator components :
- Band:
In this indicator, there are three lines as dashed lines, which form a band. The upper dashed line marks the upper boundary of the band, and the lower dashed line marks the lower boundary of the band , and the middle dashed line marks the center of the bar .
- Oscillator line:
There is also a continuous line that oscillates on the band.
Entry Strategy Idea :
- Buy :
Occurs when the oscillator line crosses one of the band lines from the bottom to the top, and stabilizes. In different cases, its validity is as follows:
- High: When crossing the bottom line.
- Medium: When it crosses the midline.
- Low: When crossing the top line.
- Sell :
Occurs when the oscillator line crosses one of the band lines from the top to the bottom , and stabilizes. In different cases, its validity is as follows:
- High: When crossing the top line .
- Medium: When it crosses the midline.
- Low: When crossing the bottom line.
notice :
The buy signal, near 0.7 and above, is more valid. And the sell signal, near -0.7 and below, is more credible .
