Disliked{quote} Hi, but the conditions for a full retracement on H1 were not fullfiled - CCI didn't reach 100 level neigther on H1, nor on M30. Conditions are met by the original Cowabunga system, which has no in mind the H1 retracement. I think it will be better for us to consider H1 retracement in order to have a higher probability. In your case the results are exellent and it's OK, but we have to test the system in the both cases - with and without retracement on H1 in order to be more ensured in trading.Ignored
I used the template in POST#236. Because there is no Macd. And Macd might make people more confused.
If you want a full retracement occurred in H1 it is ok. But there are fewer signals.
That's why the template in POST#236 will give us more reliable signals alert.
Cowabunga system uses H4 (trend) and M15(entry). I have tested it. The results were not I expected. That's why I had modified a lot, alignment, improved entry
signal, etc...). But I like to use 5/10 EMAs from the Cowabunga system to determine the trend in H4 and this stays in my tools box more than 10 years.
Sai Ram
Being a fxtrader is not easy. Ones must working hard.