89# Cowabunga Trading System

MultiTimeFrame Trading System

Submit by William 12/02/2013

 

Currency pairs:any

Indicators:

5EMA, 10EMA, RSI (14), Stochasic (5,3,3), MACD (12,26,9),

open 4H Chart,

 

if 5 EMA above 10 EMA, trend is up,

if % EMA is below 10 EMA Trend is down.

 

After open 15 min chart .

Buy

5 EMA must cross above the 10;

RSI must be greater than50;

Stochastic must be headed up and not in overbought terrritory;

MACD Histogram must go from negative to positive or MACD Histogram must be negative and start to increase value.

Sell

5 EMA must cross below the 10;

RSI must be <50;

Stochastic must be headed down and not in oversold territory;

MACD Histogram must go from positive to negative or MACD Histogram must be positive and start to decrease value.

Stop loss 20-30 pips.

Profit Target ratio 1,3.


 

In the pictures below an example of the Cowabunga Trading System with explanation.

Cowabunga 2 Download
Trading System
Cowabunga2.zip
Compressed Archive in ZIP Format 2.3 KB
Cowabunga
Forex System
cowabunga_template.zip
Compressed Archive in ZIP Format 908 Bytes

 

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