One that contains mt logo. The other is Microsoft windows uknown file icon. The MT icon will export to mt4 site but the other icon will not. I also placed in expert folder but nothing appears when I apply it to charts.
Do not know what problem is. Alternatively, you could try just opening the ". It's not my system, it is "Big Pippins" and questions related to it should go to him after of course reading http: Red - go short, Blue - go long. Of course you have to be watching it so that you catch it. It just makes it a little easier to check than manually. On the 4 hour chart it displays at a glance using these lines, what the current longer term cowabunga trend is.
It takes into account all the signals that big pippin uses. Nice job on the indicator. I am going to manually gauge how it works. I am going to check out your coding but would it be tough to have it send an email SendMail at the start of the buy or sell signal on the 15 min chart? The criteria on the 4hr chart only has to be met for a trend change candle. The whole point of the RSI and stochastics settings is just to make sure we are not entering a trend too late or early. For example, if you had an MA crossover for a long trend but Stochastics are already overbought then it means you might be too late.
Or if RSI is below 50 then you might be jumping in to early. Once the trend change candle has met those criteria, then it means we have entered a trend at the right time. From there on out you don't have to continuously meet those conditions in order to look for trades on the 15 minute chart. Found a logical error in the coding that caused it to miss the last signal. I'm doing a major rewrite that hopefully will incorporate the 4 hour signal on the 15 minute chart and generally tightening up the code.
Will post again when it is done. Sending an email alert should be pretty simple but I will wait till I have the coding logic all sweet first. I'm looking forward to testing it for you. Rewrote it and now should be a lot easier to use. Includes email facility and 4 hour trend on 15 minute chart. Download it again and try it out. Cool, I'll check it out.
Since ybop01 rewrote the script that option is no longer needed because the new script displays the trend and entries on the 15 minutes chart. The 4 hour chart is no longer necessary. The new script also send en email which I will try out tonight because we always have entries at night when I'm sleeping. Hi guys I downloaded the indicator but i cant get it working its in mt editor but cant get it in to expert folder are any were else could some one please help are post exact instructions how to do it thanks in advance: There's many ways to do it but the way I do is to just unzip the files into the "C: You will see the indicator show up in your navigation menu under custom indicators.
If you attach it to the 4 hour chart it will automatically display the 4 hour trend as per the cowabunga system. Not strictly necessary as it shows the 4 hour trend on the 15 minute chart but it's there anyway so you can compare it to BP's charts. Cowabunga system MT4 indicator Trading Systems. Free Forex Trading Systems. This is an indicator for the Cowabunga system. Should be pretty obvious how to use. Have you backtested this system? If so, how long and what were the results?
Is this only good for a single currency pair? If so which one? Incidently have made some minor bug fixes and updated the file.More...