New Afi Channel Surfer Indicator

New Afi Channel Surfer Indicator

Forex BUY and SELL signals from the best New Afi Channel Surfer Indicator for MT4. Find out the exact trend’s direction

The New Afi Channel Surfer Indicator is a simple MT4 indicator that tells about the trend’s direction. The indicator creates channels on either side of the price to signify the market trend. The channel has three lines: upper, lower, and central. The upper and lower channels act as a signal confirmation, while the centre line act as a trendline.

Traders can use the New Afi Channel Surfer Indicator on any timeframe, but it’s best to use it on higher timeframes to avoid any market noise.

New Afi Channel Surfer Indicator for MT4 BUY/SELL signals

The above EUR/AUD H4 chart shows the BUY and SELL signals for the Indicator. To determine BUY and SELL signals, traders must look at the price action within the channels. When the price starts to come at the lower channel, it’s an indication of an uptrend. Here traders can enter long positions. Conversely, traders can take short positions when the price touches the upper channel.

Traders need to wait for confirmation before entering the trade. Sometimes the price can break the upper and lower channels. So, it’s better to wait for the trend to appear and then enter the trade. Although the indicator works best on its own, traders can combine other indicators along with the Indicator for further signal confirmation.

Conclusion
The New Afi Channel Surfer Indicator for MT4 draws red and green dotted lines to determine the trend’s direction. Traders can use it to find exact entry and exit points. Also, it tells about market reversals. You can also download the indicator for free on our website.