The Cowabunga System

noobfx · April 24, 2007, 9:33am

Hi onlineearner,

i dont see any much different between mine(mt4) wit marketiva…
the 4hr n 15min is the almost the same.I’m still can see the trend up or down.
if its still unclear…maybe ill try post some screenshot both chart 4hr n 15min.

hectopascal · May 3, 2007, 5:19pm

Hello everybody,

I am kind of new to all this, and so when you guys talk about the trades of
Bigpippin, or the track record…where can you find that?

Also I here a lot about the metratrader, is that pretty much the best or most used system?

Appreciate any info!!!

Thanks to BigPippin!!! for sharing this system. Being new it is nice to hang on to something, and try it out instead of being overwhelmed and do not know where to start.

Have a hectic day!!

hectopascal · May 3, 2007, 5:40pm

Hi, one more question pls.

In the Cowabunga system it says somewhere 5 EMA, and 10 EMA applied
to the close. I am green, so maybe dumb question, but does that mean the option EMA OHLC??

thanks for help.

noobfx · May 7, 2007, 3:54am

u can check bigpippin result track here

http://www.babypips.com/blogs/pip-my-system/cowabunga_trade_record.html

and for the ema apply to CLOSE

jarbuckle · May 7, 2007, 11:50pm

When I review the Cowabunga System daily update, the MACD on my 15 minute chart has nowhere near the same look as the MACD on the daily update 15 minute chart. The original MACD settings were 12,26,9. Have the original settings changed? I’m using MT4 as my charting software.

noobfx · May 8, 2007, 4:54am

jarbuckle…bigpippin using xtick chart.

most different platform give different output, they dont look actual same. the setting remain the same.

jarbuckle · May 8, 2007, 7:41am

Thanks, I realize there will be subtle differences bewteen platforms, but the differences are substantial. Looking at the 5/7/07 Cowabunga Daily update 15 min chart, the signal line does not represent a time period of 9, does it?

While the 15 minute chart on the Update is negative and fairly active, the MACD on my 15 minute chart is on the positive side and quite a bit less active. Am I missing something? Any help is greatly appreciated.

fxdiva · May 11, 2007, 3:17pm

dirk30:

I run my metrader at work, where I have an email server so i have plugged that info, it helps that I am a network engineer, but if you are at home, you would use your local email settings in that box. If you use a home based DSL or Cable then just go to your outlook express or outlook, and hit tools options - email accounts. Hit properties of the account and you will see the server info, it will be something like cox.east.net or something of that nature, but look for the one for SMTP, they may be different as the other one is for pop email and it might not work here, also, put the name, such as cox.east.net:25 - make sure to add the colon and the port number of 25. Then plug in your email address you want to send the message to and hit test, if it failed you will get an error.

Hi Dirk20,

Is there anything else you can tell us about the SMTP settings? I following your previous directions to find the sever but didn’t have email accounts.

I did if this in another area under servers: http://services.msn.com/svcs/hotmail/httpmail.asp

Can I use this or vtext with verizon?

Thank you,

Fx Diva

kobukuku · May 16, 2007, 12:34pm

thanx for the info

steven · May 18, 2007, 4:24am

hello

my question is, in the atteched 4 hour chart the main trend is down but RSI and STOCH is in way oversold territory.in this case,is still ok to open a short position on the 15 min chart if the indicators are all lined up?appreciate any feedbacks!thanks

hectopascal · May 20, 2007, 4:09pm

Thanks noobfx.

Appreciate the info!

marolam · May 24, 2007, 9:15am

My current charting software doesnt allow me to use 4hr charts but I really like the software. To determine the long-term trend would it be ok for me to use the 60m or 1day charts?

babyfx · May 24, 2007, 10:47am

Hi traders out there,

After the big pips yesterday I continued my pips hunting with Cowabunga today on Long position as the 4 hr chart remain up.

I took my first trade at 13:23GMT @ 1.9869 and risking loss at 1.9838 from the most recent swing low. It�s 30 pips away so I set my risk as my target of 1.9898. Unfortunately after 15:30GMT the highest pip gain was only 1.9887 at the close of the candle. But I continue opening my trade, and forget about the next news coming up at 16:00GMT on US Home Sales.

I only realize about the news at 16:26GMT and price continue going down all the way to 1.9837 passing my stop loss at 1.9838. Eventually as a result I loss over 30 pip on today�s trade, where in fact I could gain pip of more than 20. It�s a silly mistake and I don�t write down the next news data. Lesson learned the hard way.
:eek:

palermoh2003 · May 25, 2007, 7:44am

Ybop01: your indicator works fine but it does not show me the arrows for the entrys, it only works for the 4 h trend . can you help me please? sure I m wrong with sthg.
thank you in advance.

Today (05/26/07) I have set the indicator on another platform and saw it worked properly, maybe it is a matter of time server because that s the only difference I can see. anyway thank you.

garyd69964you · May 27, 2007, 10:52pm

Hi guys, i am unable to open the cowabonga system. Can anyone send it to me at:[email protected]. If there is other system that you guys are using, i will be happy to look at them, so please feel free to send al strategy that you may have. I wish all good luck in trading the FOREX market. I am new to this, so i am trying to learn as much as possible. Thanks to all the traders out there.
Gary

Wedxza · May 31, 2007, 5:36am

How to set the email alert using the cowabunga indicator?I failed the ‘test’ email options in MT4.:o

creeper · June 2, 2007, 4:14am

Hi,

I am still fairly new to Forex and just found the Cowabungabunga system. I like it because of it’s simple structure, however, I didn’t get many trading opportunities in the last few days. Is anybody trading the system on EURUSD? Do you think it works? I am going to backtest today and will post the results later. I’ve noticed that the win/loss ratio is about 1:1 but that the winning trades make it profitable. Well, let’s see in next days.

Cheers,
Chris

slba34g · June 4, 2007, 6:46pm

Does anyone have an EA for the cowabunga system? I do not know anything about creating them, otherwise I would do it. Please let me know if anyone has one.

Thanks!

shaun365 · June 6, 2007, 3:24am

Hey BP,

Great work with keeping us all up to date with the trades you enter using this system! I’m sure I speak for all of us when I say we really appreciate it

Now the question:

I wonder if you’d be so kinda as to show the screenshot of the state of the charts the moment you enter the trade? I’m not sure about other people but I know when my EMAs [B]look like[/B] they’ve crossed and the stochs., RSI and MACD all look good, I would get in on that candle however it seems sometimes the EMAs uncross and continue in a direction opposite my trade and so I get stopped out. I figure seeing what the charts look like the moment you enter your trade might be beneficial for a lot of us!

woopypooky · June 6, 2007, 6:52am

thanks for such a great method.
I would like to ask some questions,

do we need to wait for the ema cross in H4 chart before we can trade in the 15min chart?
which means we only trade during that 4 hour crossover duration?

if no, i got this 2nd question.
2. since the ema cross doesn�t happen everyday in H4, so
how do we determine the current trend in H4? Is it if the 5ema is above 10ema , it is considered uptrend? How about
if 5ema is above 10ema but the slope is coming down, negatif?