89# Cowabunga Trading System
MultiTimeFrame Trading System
Submit by William 12/02/2013
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 .
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.
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.
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