The Cowabunga System

[dirk30]

I just hit 35 pips this morning from my trigger going off for this system. Yesterday i got around 50 pips. Loving the cowabunga

[greenager]

Hi, all!
I'm new to this forum.
Dealing with Forex in about a year.
I'm interesting to try the Cowabung Indicator in MT4.
But have some problem ...

After adding mql file to my experts/indicator folder on the comp,
restarting MT4 and adding Cowabunga indicator to the USD/JPY chart -
all what i can see - just blue and red lines which is tell me nothing.

Any help will be very appreciate ...
Where is the trend? Where is the arrows?
What I did wrong?

[greenager]

It's me again.
Decided to attach an image of my mt4 picture.

... I can't beleive I'm SO idiot.

I'm new to mt4 ... may be I didn't install the indicator properly?

Can anybody post me a right picture with the Cowabunga Indicator?

[dirk30]

I am as new as it gets so dont feel alone. The indicator is actually better suited for GBPUSD, as so far for me, it has been pretty flawless.

Be viewing a 15 minute chart- the indicator is made for that kind of a chart. You should have blue dotted lines runnings along top when it is an uptrend, and red lines on the bottom in a downtrend - arrows get painted on the screen telling you to either buy or sell. The blue arrows mean buy and red arrows mean sell. Once you attach it to a chart, scroll back in time and you can see that anytime you see an arrow the upcoming movement of the price was pretty much in the direction of that arrow.

I have not loss on this system yet. I only started using it last week and so far i am 10 for 10 on my trades.

[greenager]

Thanks for you reply.
But, please, see the attached picture.
Just blue and red lines. No any arrows

[dirk30]

i dont know how to insert a picture, but i see the stuff you see, but that is only when i am on a chart other then M15. I looked at your picture, and it does look like you are on m15 but mine is not like that. If i change to any chart other then m15 i get what you get, but if i put it on M15, it works fine.

Also i have changed my colors to do away with that black background and stuff like that. Change your chart to GBP USD and apply cowabunga indicator to that and look at an M15 chart

[dirk30]

here is my pic. I also have a fibonanci indicator which i put on there that draws my pivot and support/resistance lines - those are not part of the cowabunga indicator, but they help me to view the support or resistance.

Look at the arrows i will pull a picture of some history as well so you can see the red arrows.

[dirk30]

Here is an example where it was wrong. I didnt make the trade, but this is where it was wrong. The system is not perfect, but i trust it so far. If you look to the far right, you can see that big red bar where it just shot down, it might change and go up as the arrow indicates, but it looks like this one will be wrong.

[dirk30]

here is an example of it going down. The red arrows shows entry going short, and if you follow it through - the price indeed does drop. I am ok with it not being perfect as nothing probably is. But this will help teach me how to read charts a little better and keeps my profits in the green section.

[greenager]

Let try to trade "classic" cowabunga.
With MACD and other staff.
Hope I will report about my profits