The Cowabunga System

[BigPippin]

Originally Posted by ybop01

I've rewritten the MT4 indicator so it should be a lot easier to use. The 4 hour trend is indicated on the 15 minute chart and the triggers now appear as arrows. You can configure it to send you and email when a valid trigger occurs but I'm not sure how useful that will be due to the inevitable delay in getting the email.

Strongly urge to display all indicators on chart and check validity of my indicator signal. Not guaranteed to be bug free but let me know if you find anything amiss.

Thanks for sharing ybop!

[topgun]

ybop01,
I love the way you are displaying the 4 hour trend on the same 15 minute chart. Plus indicating entries . It picked up Big Pippins trade last night but I never got the email to work. I guess because I never was prompted to change the options because I didn't remove and readd the indicator back to my charts and the default email option is off . Awesome script, nice job! Now I have to read through it and learn how you coded it.

Topgun

Originally Posted by ybop01

I've rewritten the MT4 indicator so it should be a lot easier to use. The 4 hour trend is indicated on the 15 minute chart and the triggers now appear as arrows. You can configure it to send you and email when a valid trigger occurs but I'm not sure how useful that will be due to the inevitable delay in getting the email.

Strongly urge to display all indicators on chart and check validity of my indicator signal. Not guaranteed to be bug free but let me know if you find anything amiss.

[ybop01]

Thanks for the Kudos! Getting the 4hour indicator on the 15 minute chart was a challenge but a great learning exorcise

As for the email, make sure it is set up correctly -> "tools", "options", "test".

I have it set so it only sends one email and then ignores any new triggers until the indicator is reset. I hate spam, (even spamming myself!). You can change this however by removing the "Send_Mail=false" line near the end of the code.

It seems to follow pretty closely Big Pippins with the rare difference explainable by different broker feeds having slightly different price values thus affecting the indicators. However remember that this system is really a training exorcise and you should never blindly follow any system that isn't well understood. So always display the cowabunga indicators on the chart and visually confirm what my indicator is telling you.

I won't be trading with real money until I have seen this profitable over at least 6 to 12 months. (My innate skepticism insists it won't be)

Enjoy

[mcphrant]

Originally Posted by ybop01

I've rewritten the MT4 indicator so it should be a lot easier to use. The 4 hour trend is indicated on the 15 minute chart and the triggers now appear as arrows. You can configure it to send you and email when a valid trigger occurs but I'm not sure how useful that will be due to the inevitable delay in getting the email.

Strongly urge to display all indicators on chart and check validity of my indicator signal. Not guaranteed to be bug free but let me know if you find anything amiss.

If you know the correct email address, you can also send these messages to your cellular phone. Here are the email addresses for the 6 most popular cellular phone carriers:

T-Mobile: phonenumber@tmomail.net
Virgin Mobile: phonenumber@vmobl.com
Cingular: phonenumber@cingularme.com
Sprint: phonenumber@messaging.sprintpcs.com
Verizon: phonenumber@vtext.com
Nextel: phonenumber@messaging.nextel.com

where phonenumber = your 10 digit phone number

[terrancead]

Only for thoes who love to live dangeriously~
I only enter a trade with a tiny Lot size .25c each PiP!
Now if the trade goes SOUTH! EEEeee!!
wait untill it reaches MAXIMUN! -Then..
No worries.. I multiply the trade by 3 or 4 times (Still only $1 Buck a PiP)
if the trade is between -40 to -60 minus then this will bring it to -12 -- 15 Pips minus...Some times I multiply on the same day or pay the Roll-Over Fee then multiply..... Re-set my Limit to 8Pips...close up and open in a few hours time 60% of the time I am *8 pips richer...If still no luck...wait untill maximun loss then double up again..(Now 2Bucks a PiP) re set your Limit to gain 8 pips....and close up for the day.....now your trade is 24 --to 48 hours old...and you should difinatly of got your 8 pips...No guarentees ...but it works for me...small bids win the day!

[topgun]

I like your indicator because it can alert me, while I'm sleeping, to check over all my indicators manually before entering a trade . I would never rely solely on it to place trades but it can help to prevent waking me up on false moves. It is also a good learning tool to learn how to write scripts of this nature. Thanks for your efforts & Big Pippins system of course.

This may sound strange but ever since I started learning FX I can't wait until the weekend end. Everyone I know thinks I'm crazy but it's a good addiction in my opinion.

Mcprant, where was your post when I needed it . I spent a long time trying to find Tmobiles email address but I did get it to work and my test email works great. What sucks is that you have to set up your POP3 account on your local machine before it will work.

Oops, I have to stop getting off topic since this thread is meant to discuss the system!! Sorry BP.

Topgun

Originally Posted by ybop01

Thanks for the Kudos! Getting the 4hour indicator on the 15 minute chart was a challenge but a great learning exorcise

As for the email, make sure it is set up correctly -> "tools", "options", "test".

I have it set so it only sends one email and then ignores any new triggers until the indicator is reset. I hate spam, (even spamming myself!). You can change this however by removing the "Send_Mail=false" line near the end of the code.

It seems to follow pretty closely Big Pippins with the rare difference explainable by different broker feeds having slightly different price values thus affecting the indicators. However remember that this system is really a training exorcise and you should never blindly follow any system that isn't well understood. So always display the cowabunga indicators on the chart and visually confirm what my indicator is telling you.

I won't be trading with real money until I have seen this profitable over at least 6 to 12 months. (My innate skepticism insists it won't be)

Enjoy

[terrancead]

As well as the GBP, I am going to Cowabunga...EUR/J..
All next week...should give me more trade opps.

Made $100Bucks last Thurs & Fri..with only One Buck a PiP!
However, I do enter with the DiNapoli Predictive MACD suite $120 a month Aussie)
On the 0ne & two minute chart.........
This gives to the second when to enter....Cow-a-bunga!

On the 35 Min chart I have the DiNapoli 3x3 MA and the 10 MA
as it is spot on for break outs......

B' cairfull of the big 'M' and the big 'w" as this is the cunning head fluke 2 take your Bucks"

I love the Cow-a-bunga...I recon, it works.. .
TADfx

[fxtrader]

Another trader gave me this site to set up your own custom SMS alerts if your broker doesn't provide that service for you, this is a free service. You can set up the alert for any MA cross or several other indicator signals.
I am finding it really helpful to wake me up for the 5/10 cross, which seems to mostly occur in the wee morning hours. Yawn.

alert!fx™ - foreign exchange (forex) alerts.

[topgun]

Thanks for this link. I'll have to check it out because I am having no luck with the indicators for MA crosses.

The cowanbunga indicator emailed me fine last night. The first one got stopped out but the second was right on. And yes I manually confirmed the entry which was right on

Originally Posted by fxtrader

Another trader gave me this site to set up your own custom SMS alerts if your broker doesn't provide that service for you, this is a free service. You can set up the alert for any MA cross or several other indicator signals.
I am finding it really helpful to wake me up for the 5/10 cross, which seems to mostly occur in the wee morning hours. Yawn.

alert!fx™ - foreign exchange (forex) alerts.

[ybop01]

BP, can you tell us more about your discretionary exits? For example what constitutes a "Clean break"?