The Cowabunga System

[oscarmike]

Can anyone please answer my two questions? Thanks in advance.

[anon25005637]

Can anyone please answer my two questions?

Yes.

Must all the criteria for the 4 hour chart be met for a long trade at the time when the moving averages crossover on the 15 minute chart?

Yes.

If I miss the entry signal on the 15 minute chart by 1 bar (ie I’m approximately 15 minutes too late), can I still take the trade? Or should I wait until another time?

It’s up to you. The only way to know the answer to this with certainty is to measure the effects of doing so over 500 trades and compare them with the effects of not doing so over the same 500 trades.

Bottom line: neither will be profitable over the long term because it’s a method without positive expectancy.

Charlie’s post above was actually the most helpful answer to you, together with its inference that you should be looking at something else instead. But that wasn’t what you wanted to hear. Which is why you’ve got the problem.

[BobB]

Hey There Mr. Big P.,
Just want to thank you for a really great system. I am a conservative trader but not as much so as the treads I have read. With some very minor tweaks, I have been using Cowabunga on the Majors and the EJ for several weeks with awesome results. Mostly in the NY session stopping by noon or so, and avoiding MAJOR News of course. Today was a typical day over the last month or so. EJ -15 pips, GU +25, EU + 25 and UJ short for + 30. All on 30 min TF.

If I had bigger stones, and stayed in my trades until I got an exit signal, the results would be MUCH , MUCH better. Like I said, I’m conservative in nature, but I think your stuff will change that soon.

It’s your system, so it’s up to you if you wish to share any of this. I just wanted to thank you, Big Time!

Bob

[TaoTradist]

Hi Bob,

I am on the West Coast.

I cant seem to find a link to download this free system.

Jafx and FxChoice have been checked in the EA and Signals section but nothing shows on a search.

Please, could you provide a link to the download.

Thanks,
David

[tanvezkhan]

HI, where is the system.

[kengmb77]

New into Forex, went through much of the Babypips lessons and was stuck on how to implement the well found wealth of Knowledge at Babypips, now I have a strategy to follow, Thanks so much for Cowabunga System and keep on with the daily updates.

[Worthy7]

@BigPippin Hi there, dunno if you remember me from a few years ago I was following your blog and posted a few times when demo’ing. Thanks for your continued quality posts, you always manage to keep things fun

I have a couple of questions if you don’t mind:

1. Are you doing the Cowabunga system or PipSurfer? Or are they the same “Person?” Because although you answer all the questions on the form, Pip Surfer’s name is doing the regular posts.
2. I’ve commented a few times on those posts, but never get a reply. I want to know specifically why some entries were not counted, or were counted, for example my comment here: 20180118 - just trying to understand the mechanics properly!
3. Can you tell Pip Surfer to stop cutting off the histogram bars? He regularly “says” they were trending up or down but regularly cuts out the tops of the bars on the images.

Thanks!

[Sithaden]

This may be a total noob question, but you wait to take the trade until both the 4H and 15M close with the EMAs crossing? So you wouldn’t take the trade say if they cross and the 15M has 2-3 minutes left on the candle close. Correct?

[Rasper]

Hi Bob,

Thanks for sharing your results - a really nice as well for 1 day.
Just looking in to trading systems again at the moment, I tried Cowabunga a few years ago but really struggled to remain consistent with it.

Have you got any pointers for someone picking this up - and any tips/pointers/pairs to maintain a watch on?

Thanks,
S

[jack_casey]

How do I get the Cowabunga indicator for MT4? When I click the link it says the page is private or deleted…

[RedUser]

I have the same situation

[baemax023]

are you also looking for the Cowabunga indicator for MT4?

[mtb_rex]

I’m looking, can you help me find the indicator file?

[baemax023]

Hi! Sorry, I wasn’t able to find the indicator file.

[mtb_rex]

Perhaps a ray of light…

Cowabunga system MT4 indicator

I think I might have found it here: https://www.forexmt4indicators.com/cowabunga-forex-trend-following-strategy/ The system details are the same as can be found here: https://www.babypips.com/trading/so_youve_finished_the_school_o The Zip file includes a template file and a MT4 file. Sound right? Haven’t loaded them up yet. On the first link, I had to register for an account to get the DL link to work. But I used a throw away email account, so no harm there. Give that a look!

[baemax023]

Thanks for this @mtb_rex! I’ve downloaded the file and installed it in my MT4. Looks good!

[baemax023]

Here’s what the indicator looks like. There are arrows on possible valid entries.

[NScrilla]

Sorry if this has been discussed but a search did not show it to me. Has anyone experimented with this on the H1 with multiple other currencies? With a few tweeks and the indicator posted above can be changed to work on diff time frames and currencies.

[mtb_rex]

Check out the FAQ. It says anything below 15 min will get tough.

Cowabunga System FAQ

[workhome126]