Cowabunga strategy

Strategies are published here.

Moderator: admin

Cowabunga strategy

Postby Apprentice » Sun Oct 14, 2012 6:06 am

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 845 times


The Strategy was revised and updated on December 10, 2018.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 27495
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Cowabunga strategy

Postby Apprentice » Wed Dec 07, 2016 4:17 pm

Strategy has been revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 27495
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Cowabunga strategy

Postby spinemaligna » Mon Sep 07, 2020 9:37 am

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.

Thanks

Ross
spinemaligna
 
Posts: 92
Joined: Sun Sep 12, 2010 2:42 am


Return to Custom Strategies

Who is online

Users browsing this forum: No registered users and 3 guests