Page 1 of 1

Cowabunga strategy

PostPosted: Sun Oct 14, 2012 6:06 am
by Apprentice
Cowabunga strategy.png

Long: ( m15 )
- EMA(5) must cross the EMA(5).
- RSI > 50
- Stoch needs to be heading upwards, but cannot be in the overbought limits.
- MACD has to be heading upwards, but has to be in the negative.

Short ( m15 )
- EMA(5) must cross the m15 EMA(10).
- RSI < 50
- Stoch must be going down and not in the oversold area.
- MACD must be going down but has to be in the positive.

All indications, they must be in the direction of trend, set by H4 EMA (10)

Exit Stop
20 pips

Profit Target Exit
30 pips

Cowabunga strategy.lua
(23.47 KiB) Downloaded 848 times

The Strategy was revised and updated on December 10, 2018.

Re: Cowabunga strategy

PostPosted: Wed Dec 07, 2016 4:17 pm
by Apprentice
Strategy has been revised and updated.

Re: Cowabunga strategy

PostPosted: Mon Sep 07, 2020 9:37 am
by spinemaligna
Hi there,
Is it possible to amend the strategy so that the trend is identified by the H4 RSI being above 50 for bullish and below 50 for bearish. That is much closer to the original on Baby Pips.