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Old 05-17-2008, 12:59 AM
PipVentures PipVentures is offline
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Join Date: Jul 2007
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Wink Awesome MQL4 Indicator to go along with Cowabunga

I found this wonderful indicator alert in the online library of metatrader.

3_MA_Cross_w_Alert_v2.mq4

It seems to always give a few bars notice (little up or down arrow) before the cowabunga systems trade rules apply.

This is great because many times you just feel that this is the one and may want to get in a little early (such as just before the rsi crosses 50) but need something to validify your hunch.

Through back testing I have found this indicator to be amazingly accurate. It also produces very very few false signals and also very very few neutral signals. If the signal is there the market is MOVING!

If you just went off this indicator you would win many trades but with the cowabunga rules added then the sky is the limit.





Is anyone else using this indicator?

Let me know if it has given good results.

Mike Lewthwaite

Last edited by PipVentures; 05-17-2008 at 01:49 AM. Reason: add
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