Sounds good. crodzilla may be willing to give some guidelines if you ask him, if he won't give the full source code.
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DislikedWould be nise be able to choose the time frames to show for the dashboard...Ignored
DislikedThanks for the update. I've had mixed results with this taking the trades as they come up and using a TP/SL as the mid line of the short term trend bands. Anyone come up with a solid trading plan for this?Ignored
DislikedThe recommended SL is the other side of the blue band, not the midline.
And as usual a trading system cannot be judged after 1 week.
Either it needs to be backtested for a few years or forward tested a few months.
I have seen setups on the historical charts on several pairs which have
a Risk/Reward of 1 : 5 and higher.
Such good moves with pullbacks into the blue bands but not closing
beyond give 2 or 3 additional valid setups where you can add to the
original position and such moves result in huge profits.
If the average win/loss ratio is...Ignored
Disliked
They earn money with coding and if a potential profitable strategy
is shared like this one, they silently code an indicator and EA and test it
and use it for themselves to make a living.
My 2 cents.Ignored
DislikedThanks to all who thanked me for the indicator and dashboard.
On first sight the Cobra System looks promising but I know from so many other good looking trading strategies which went into the recycle bin
after an EA was coded and backtests were run.
The same seems to be the case here.
I coded the Cobra_EA and here is a backtest on EURUSD H1 for 2011
on Alpari broker.
http://i.imgur.com/xW0vT.jpg
The EA has everything which is in the manual.
1. ADX Filter
2. MA-bands Filter
3. Exit on closed candle on other side of blue bands
4....Ignored