Cowabunga system MT4 indicator

[JeffNLisa]

Thanks, pipfishin. I see it now … for indicators only though. Is there a way to know the Open, Close, High, Low of a candle with the click of a botton or selection of a “properties” type of option?

Thanks again.

Any time you hover your mouse over any bar, along the bottom pane of the MT4 window it will show you the hi,lo,open,close values. If you have the cross-hair selected (which you can get more quickly by clicking the middle wheel of your mouse if you have one, or by clicking left and right at the same time) then you can hold the crosshair over one bar, then click and drag to another bar, and the numbers at the bottom will still change with each bar you hover over.

Hope that helps.

Jeff

[pipfishin]

i got the file v3 indicator but i cant figure out how to get it on the charts can anyone let me know? i got it listed in the indicator list but it wont go on the charts any help would be greatly apreciated

[tekkk]

Thanks, Pipalot! Your template just made my day. It even LOOKS like the one off Xtick!

(Almost makes me wonder why did I bother to set it up manually beforehand, but at least it gave me something to do on winter break.)

[tonymand]

i got the file v3 indicator but i cant figure out how to get it on the charts can anyone let me know? i got it listed in the indicator list but it wont go on the charts any help would be greatly apreciated

If its in your indicator list it should just be a matter of dragging and dropping onto the chart you want it on

[pipfishin]

If its in your indicator list it should just be a matter of dragging and dropping onto the chart you want it on

thanks tony but it won’t go on the charts. I don’t think i set it up right after i compiled it .I tried to put it in the expert advisors but dont know what the parameters are. Am i on the right track or should it go in the custom indicators ?

[tonymand]

thanks tony but it won’t go on the charts. I don’t think i set it up right after i compiled it .I tried to put it in the expert advisors but dont know what the parameters are. Am i on the right track or should it go in the custom indicators ?

It should be a custom indicator

[linalm]

Sure it does, Jeff. Thank you for your reply.

[JeffNLisa]

YW

Jeff

[Mark_Trader]

kampf, I had the same confusion back in October! (see post #51 in this thread). I would also very much like to know how to get the indicator to give all alerts without having to close it! Maybe we can write a petition to the acting chief Cowabunga Indicator programmer to make that change
Mark.

Is there any way to alter this indicator so that it sends alerts without having to close and re-open MT4 after every signal sent?

What happens (and what I’ve read in a thread) is that when a signal appears, it will email the alert fine… but if you leave MT4 running and another signal appears, then it won’t send another email…

Anybody know how to alter this? I’ve had a look @ the code (im only a newbie lol) and can’t really see what limits it to sending only 1 signal.

[vicebet]

Nice indicator… i have a system too… how to setup an indicator and to backtest? the codes are driving me crazy!!

[nubchai2]

Hello. I installed Matt’s v3 of Cowabunga and on the 15 min USD/JPY chart for example I see red arrows under some of the candles. Going back to December I see blue candles above the candles indicating an uptrend.

I had 2 questions:

1. When the Cowabunga criteria are met what will I expect to see on the chart? Will it be the red downtrend arrow or blue uptrend arrow? I know there’s an audio alert but wondered if there was anything else displayed when the alert hit.

2. Also I updated the script to turn sendmail to On. But where do I put the amil address to send the alert to?

Thanks for any help.

[mattzigs]

Cowabunga Question
Hello. I installed Matt’s v3 of Cowabunga and on the 15 min USD/JPY chart for example I see red arrows under some of the candles. Going back to December I see blue candles above the candles indicating an uptrend.

I had 2 questions:

1. When the Cowabunga criteria are met what will I expect to see on the chart? Will it be the red downtrend arrow or blue uptrend arrow? I know there’s an audio alert but wondered if there was anything else displayed when the alert hit.

2. Also I updated the script to turn sendmail to On. But where do I put the amil address to send the alert to?

Thanks for any help.

Hi Nubchai

To answer your questions:

1. On the 15 min chart, the dotted lines are the trend (4H) but you must have the 4H chart open with the indicator on it, and the arrows are the trade signals along with the audio alerts - but be careful with the trade alerts, they have to be verified - I’ve edited my post #135 to give more information on the indicator, you should read it.

2. In metatrader got to Tools Options Email and input your email info there to activate the email alerts.

Hope this helps

Cheers Mattzigs

[nubchai2]

Hi Nubchai

To answer your questions:

1. On the 15 min chart, the dotted lines are the trend (4H) but you must have the 4H chart open with the indicator on it, and the arrows are the trade signals along with the audio alerts - but be careful with the trade alerts, they have to be verified - I’ve edited my post #135 to give more information on the indicator, you should read it.

2. In metatrader got to Tools Options Email and input your email info there to activate the email alerts.

Hope this helps

Cheers Mattzigs

Hi Matt. Thanks for the reply. Do the arrows that go with the trade alerts appear on the 15 minute chart or on the 4H chart? Are perhaps these the red and blue arrows that I see on the 15 minute chart? So these arrows indicate possible entry points for long and short positions then.

I did reread the post you mentioned and understand about confirming the signal. It looks like a very neat tool. Thak you for your help!

Nub

[hypnos63]

hi

how do you decide which is ‘the trend change candle’ on the 4hr chart using the cowabunga system? what are the criteria?

please forgive me if this isn’t the right thread.

thanks

hypnos63

[bman]

I would like to get a quick survey on the track record of the traders here using MT4 with the Cowabunga templates/alerts. Could some of you give me your profit/loss ratio using this system.
I have been testing it sinse the begining of the year and I have noticed that the alerts given tend to be profitable about 60% of the time.
I would apreciate anyone sharing their experience with this system.
Thanks, and good luck.

[hypnos63]

I would like to get a quick survey on the track record of the traders here using MT4 with the Cowabunga templates/alerts. Could some of you give me your profit/loss ratio using this system.
I have been testing it sinse the begining of the year and I have noticed that the alerts given tend to be profitable about 60% of the time.
I would apreciate anyone sharing their experience with this system.
Thanks, and good luck.

i have a cowabunga indicator, but i have not had satisfactory results. these have been empirical as i have not kept a written record, but i remember every time it let me down. the alerts come when i’m asleep, and quite a few if them have been fake outs.

i search manually now.

btw how do you satusfy yourself that you have a trend candle on the 4HR chart?

thanks

hypnos63

[hypnos63]

I would like to get a quick survey on the track record of the traders here using MT4 with the Cowabunga templates/alerts. Could some of you give me your profit/loss ratio using this system.
I have been testing it sinse the begining of the year and I have noticed that the alerts given tend to be profitable about 60% of the time.
I would apreciate anyone sharing their experience with this system.
Thanks, and good luck.

also, that indicator gives bizarre readings. if you look at AUD/JPY for the period
01/15/08 0800 am -01/23/ 0000 pm on the 4 HR chart,it say that is an ‘uptrend’ but as you can see it is covered with red. if you draw a trend line thru it, the trendline says down.

can anyone or perhaps you give an explanation? i’m hard pressed to see how this system earned its rep.

thanks
hypnos63

[nubchai2]

Thanks again Matt. I have it all installed and played with it a bit today. I did run into at least one bad signal on the USD/JPY chart today. But it was obvoiusly wrong. I’m a fan of the Parabolic SAR and I was using that for trend confirmation too. I also had a couple of good signals today. So I plan to keep working with it.

Thanks for your efforts and kindness in answering my questions.

[linxtips]

also, that indicator gives bizarre readings. if you look at AUD/JPY for the period
01/15/08 0800 am -01/23/ 0000 pm on the 4 HR chart,it say that is an ‘uptrend’ but as you can see it is covered with red. if you draw a trend line thru it, the trendline says down.

can anyone or perhaps you give an explanation? i’m hard pressed to see how this system earned its rep.

thanks
hypnos63

hi,

if you read the whole thread you will see that nobody was complaining about version 2, so maybe you could try that one!
under version 3 you have a note that it gives many false signals and that you have to verify it by yourself before you enter.
More about the rep could be found on the systems blog and in other posts.
Further, the system was designed for cable only and not for other pairs, but it is said that it could work.

hope this helps!

[mattzigs]

also, that indicator gives bizarre readings. if you look at AUD/JPY for the period
01/15/08 0800 am -01/23/ 0000 pm on the 4 HR chart,it say that is an ‘uptrend’ but as you can see it is covered with red. if you draw a trend line thru it, the trendline says down.

can anyone or perhaps you give an explanation? i’m hard pressed to see how this system earned its rep.

thanks
hypnos63

There are many ways to determine the trend and many time frames for a trend, the main thing is to be consistent for the system you are using. The Cowabunga system uses a specific method for determining the trend, if you are not familiar with this I suggest you go over ALL of the Cowabunga basics in Pip My System. Read and re-read this information until you understand it.

I would also read the Cowabunga System and Cowabunga MT4 Indicator threads - 95% of the questions that have been asked have been posted and re-posted on these threads, then paper trade until you get the same results or similar to Pip Surfer.

Hope this helps, Cheers Mattzigs