Cowabunga system MT4 indicator

[gryat]

Originally Posted by pipalot

Hi,

Your moving averages didn't cross over until just after that candle. It looks like the values must be taken from the centre point of each candle and the cross over hasn't happened at that point.

I believe that Pipsurfer uses the broker FXCM, so if you use a different broker then you will get slightly different results occassionally. If you want an identical setup to Pipsurfer then try using FXCM and hope he hasn't changed his broker (plus he uses X-tick software not MT4).

On this occasion I too did not get that signal, I'm using the broker Alpari. Ocassionally I will get a signal that PipSurfer didn't get, that's just how it works. In my view the indicator is accurate and there is no need to worry.

Kind regards,

Pipalot

Yep, i'm using MT4 with Alpari in aswell. I'm gonna set up a goal in long time perspective to learn the programming of these indicators. Just now, i'm trying to get the emails to work. Half-way there at this moment.

[Mark Trader]

Originally Posted by pipalot

Mark,

It might be possible to change the code to get rid of the problem. My guess is that the code was originally made to work that way so that it didn't send alerts for every arrow that it draws when it populates your screen when you first open the indicator / chart. If I get time I'll look into this eventually but I suspect that it wont be for quite a while.

Kind regards,

Pipalot

Pipalot,
Great, thank you, please let me know if you do make the change. Just to confirm, are you saying that everyone who is trading Cowabunga closes MT4 and reopens it after each alert? Your indicator has helped me tremendously! I just want to make sure I understand correctly.

Do I need to do anything special for the alert to work correctly? Just set the chart to 15min and place the indicator on the chart? Does MACD or anything else also need to be there in order for everything to work?

Also, could you tell me how to determine the price of the pair when the alert occurs? The reason I ask is because my price is always different from the price that PipSurfer posts on his Daily Review, usually not in my favor. I did find a log file with 4 values: MA5, MA10, MA5 Previous Bar and MA10 Previous Bar, but I am not sure which one is the right price?
Thanks,
Mark.

[gryat]

Hello

Is there anyone more that has email problems with the indicator. It does work, i receive emails saying "buy trigger occured at..." to my mailbox. But not always. Sometimes no mail arrives. Like today at the sell trigger at 9.45 GMT+1 (3.45am ET). No mail arrived. This is not the only time, it happened last week too at some occasions. I did restart the program at 2.00am ET, and thus reloaded the indicator, but still nothing arrived.

[dannybly]

way to go, sir pipalot - look forward to trying the system out on Metatrader!

[VonSmeid]

I compared Cowabunga (his blog) trade signals on this day and Cowabunga - any pair indicator. As you can see on the chart below they didnt match.

Can somebody help, please.

Thank you.

AK

[Designer]

guys i am little confused

i have metatrader 4 installed and using cowbunga indicator

its not looks like Black or blue candle

its coming like arrow kind of thing

i am looking for indicator excatly like cowbunga system showing

black candle when bullish and blue when going down?

anyone have idea what i need to do?

pls let me know

thanks

[houmous]

Hi Guys - could someone tell me how to set an audio alarm with the MT4 indicator please?

Many thanks

[JeffNLisa]

Originally Posted by Designer

guys i am little confused

i have metatrader 4 installed and using cowbunga indicator

its not looks like Black or blue candle

its coming like arrow kind of thing

i am looking for indicator excatly like cowbunga system showing

black candle when bullish and blue when going down?

anyone have idea what i need to do?

pls let me know

thanks

Pip Surfer uses a charting package that will turn the candle black when the indicator is hit. I think I've seen that Xtick is the name of it, but it is not free. The MetaTrader charting does not have a way that I know of to turn the candle black when the indicator is hit. What pipalot's revision of the indicator for MT4 does, is light an arrow (blue for up and red for down) when the indicator is hit.

It will also send an email if you have the email properties properly enabled in the setup.

It doesn't look exactly like Pip Surfer's, and to the degree that different brokers have slightly varying prices, the indicators do not always match. But pipalot's revision of the indicator works perfectly with MT4, and is a fine indicator.

Hopefully helpful.

Jeff

[JeffNLisa]

Originally Posted by houmous

Hi Guys - could someone tell me how to set an audio alarm with the MT4 indicator please?

Many thanks

Do you mean "How can you set up the "Cowabunga - any pair" indicator to give an audio alarm?

Pipalot, if you can help on this, I need to know that too. In the indicator you (or ybop01, if it wasn't you) did put in a place to say Send Email "True" or "False" but that does not give the option to play a sound or launch a file.

I like that this indicator will send the email, but I also would like if it can launch a file when the indicator is hit, the way the generic alarms will.

In MT4's generic alarms, if I'm just watching for a price to break a line, the file I like to launch is "O'Jays - For Love of Money.mp3" when the indicator is hit. That way I can hear the song start to play on my computer immediately if my trigger is hit.

I'd REALLY like to be able to have the "Cowabunga -any pair" indicator be able to launch a file.

Are you able and would you be willing to help with this please?

Thanks,

Jeff

[forecaster]

Originally Posted by pipalot

Hi everybody,

Here is the newly improved Cowabunga indicator (also recently posted in the main Cowabunga thread, but from now on I'll just post them in this thread instead):

1. It should work on any pair (15 minute chart only).
2. It will email alerts.
3. It also plays a sound when the alert occurs (email.wav)
4. It also includes the earlier bug fix for the MACD Histogram aspect.

Oh and here is a Cowabunga chart template too, to make it quick for you to set up all those 15 minute charts. (For each one you need to open a new chart, change the period to 15 min and then simply load the template).

I am turning into a goldmine of cool stuff or what!!!

Ammar, it would be very helpful if you would post your back testing results when completed , thanks.

Regards,

Pipalot

hi, pipalot and all of you!

Great work, regarding the Cowabunga-any pair indicator, but due to many winning signals are lost because OsMA has to be negative on the system for uptrend and positive for downtrend shouldn't be more correct to modify the algorithm on this point or build a new one requested OsMA just gaining / losing value? Anyway it will be very appriciated if someone can do this job for me.

regards