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Old 04-10-2008, 06:21 PM
chirules54 chirules54 is offline
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Join Date: Mar 2007
Location: Oregon, USA
Posts: 111
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Not sure if this question has been asked already yet, but is the 4 hr trend decided only by the ema cross if "strict_4hr_trend" is set to false? On Pip Surfer's blog today there was a long trade at 3:45 am EST which the indicator missed. I think the reason it missed it is because there was a ema crossover right around the time that the trade was triggered, but when Pip Surfer took the trade, the cowabunga v2 indicator still showed a downtrend, which cancelled out the signal. The osMA, RSI and stochs looked good, it was just that the indicator still showed a downtrend, even though the ema lines had crossed. Is there a way I can tweak this in MetaEditor, or is it just "one of those times" when the indicator isn't perfect? I noticed that it will catch most of Pip Surfer's trades, but it does miss one occasionally (like today). The improvements made over time have made the indicator better, but like anything, it's hard to make it perfect.
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