Cowabunga System
(4.4 stars)
Developed by PipSurfer on BabyPips.com
not bad but better watch out!
3/31/2009
- Pros:
- None
- Cons:
- None
- Bottom Line:
- Yes, I would recommend this to a friend
- Quote:
- used this and have given 5%-10% return consistently but my warning is u need to have the minimum capital but using the very minimum lots, lower that its suggested. unless, u only open the EA when on a downtrend as the EA cannot really hold when on uptrend unless u have huge capital to increase the lots as this EA used martingale strategy (doubling up lots to cover the early losses - that is very risky) so to trade it safe using this system u need to watch for Bearish trend only on the longer tiem frame such as HI > H4. if u do so, u can get 5-10% sometime 20%. if u trade when BULL watch out for ur margin (it may call u)...all this based on my experience using this ea, not bad EA but watch out ok!
