The Cowabunga System

[phil838]

Originally Posted by Exigent

How do you set up MT4 to indicate a crossover with an alternate colored (trend trade) candle?

You can't without getting a Custom Indicator that does that. I'm not sure where you could find one of if one even exists.

MT4 does come with a Custom Indicator called "MA Cross." It doesn't change the candle color but it does put a huge colored arrow on your chart when the MA's cross. That might help you out until you can find something to do exactly what you're looking for.

[twoti]

hi guys, i am new to the forum and pretty new to trading fx. i am still on demo for the past 2 months. I have looked through the system but haven't really tried it yet. My question is, is this system strictly for GBPUSD? And also would you recommend to trade it during the london market time frame? Would you all avoid the 8pm ET to 11pm ET period? as i notice during this time frame there are always spikes due to news are unknown reasons.

Please guide me on this as i am pretty new. And i apologise if you find my questions silly.

Thank you so much for your time and patience.

[JohnnyFOREX]

I'm a little confused re the H4 initial trade validation.

I thought that to correctly determine whether to trade long or short for the day, we were looking at not only the EMA cross on the H4, but also the RSI > or < than 50 ... and the STOCH cross. In some of PipSurfer's video reports he mentions only using the EMA cross (even when the STOCH may be completely contray to this).

Has the general consensus changed as to what the best / most profitable procedure is?

Thanks, Johnny.

[tonymand]

another winning month. still producing about half the returns of previous years though

[smartshahezad]

hello guys..
i have a question regardin dis system..
actually i hv jst startd usin dis system and found it great...
i use 5min 15min 30min and 4hr tiimeframes...
i wanna knw which type of indicator is used in each timeframe...
like which diff types of RSI STOCH EMA MACD do i use for each diff time frames...
eg:- rsi(9) for which or smethin like dat...
hope u all understood...
thank you in advance...

[hwansolo]

hey ive been reviewing the cowabunga system and am planning to go demo for about a month i will get a new laptop this week so ive been planning everything out so setup will go effortlessly. However one problem ive been trying to tackle is the xtick phone alert setup. In the "FAQ Cowabunga System" Pip S seems to try to answer this question with the question

"How do I set alerts on my chart so that it sends me an email to my phone when there is a signal? "

however at step 10 it says " To have the alert be sent to your phone put THIS in the "to" box." but "THIS" seems to just bring me to this website does anyone know what that is supposed to be?

p.s does anyone know what broker big pippin uses?

[niceguychisom]

Originally Posted by tonymand

another winning month. still producing about half the returns of previous years though

Hey guys, could you please let me know by how much in percentage the cowabunga system has increased one's account this year. Thanks

[tonymand]

Originally Posted by niceguychisom

Hey guys, could you please let me know by how much in percentage the cowabunga system has increased one's account this year. Thanks

just take the R value and multiply it by the per trade risk you use to give you a %. Since you increase your trade size as your equity increases you need to do this month by month to give yourself the compounded figure which of course will be significantly higher than simply taking the total R as shown

[niceguychisom]

Originally Posted by tonymand

just take the R value and multiply it by the per trade risk you use to give you a %. Since you increase your trade size as your equity increases you need to do this month by month to give yourself the compounded figure which of course will be significantly higher than simply taking the total R as shown

thanks but where do I get this r values and what risk per trade do you use?

[mtandk]

I was wondering if there were any live trading groups that use this system ?
I am a newer trader, and most the time I work with the daily charts, but am going to give this system a go. It seems to fit my personallity but I know it can help when you have a few people that are working together to try and catch good trades and some mistakes. Does anybody know of any live trading groups doing this system...and if not, would anybody like to start one ?

If so I am more than happy to put together a voice chat server (like ventrillo) to use, and I can cover the cost.