Hey guys us it possible to use the Cowabunga system with the 1hr time frame and 15minute time frame instead of the 4 hour time frame as it is in the articles about it?
Everything is possible, but what’s the problem checking out the 4hr or even daily chart for the trend?
The aim of this simple and workable strategy is to ensure the two TF charts align with one another.
With my system I use the 4hr chart for trend movement, then look at the 1m chart, and if they are giong in the same direction - which is not a gimme - use the 1hr chart for entry, providing it’s also in synch.
I also use MACD, but with a more sensitive 3 -10 -16 histogram.