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Posted

Re: Forex Cobra System

 

  drbastem said:

....

Indikators expert and template

 

sorry but this EA (it is not the real one I see from the name or?) is not ok, it wait for a cross of the 12 and 72 ma, but this is not the rules, the price must only below or above both .

 

so this EA will go to late in the trade.

may you can ask the autor of the EA.

 

see this pic from the guide, the moving average not cross, but the trade is confirm by the rules:

http://www.multiupload.com/9P0UIPSO6H

 

hope someone have the original EA, pleasre share, we will also buy the EA from the creator if we can test and the results are ok.

 

cheers

Posted

Re: Forex Cobra System

 

  Quote
  Quote

....

Indikators expert and template

 

sorry but this EA (it is not the real one I see from the name or?) is not ok, it wait for a cross of the 12 and 72 ma, but this is not the rules, the price must only below or above both .

 

so this EA will go to late in the trade.

may you can ask the autor of the EA.

 

see this pic from the guide, the moving average not cross, but the trade is confirm by the rules:

http://www.multiupload.com/9P0UIPSO6H

 

hope someone have the original EA, pleasre share, we will also buy the EA from the creator if we can test and the results are ok.

 

cheers

 

ok. thise templates included early signals.

my expert not work startegy. because i am using global variables.

http://www.haskayafx.com/cobraearly.rar

Posted

Re: Forex Cobra System

 

  drbastem said:

 

ok. thise templates included early signals.

my expert not work startegy. because i am using global variables.

http://www.haskayafx.com/cobraearly.rar

 

ok but this is still too late, see my pic for the last cable entry on 17. februar, there your entry will be 3 hours after the system rules, coz your EA still wait for the cross of the MA's

pic:

http://www.megaupload.com/?d=9SIUKCXL

 

I think You have to check only is the price above or below the moving average , not cross the 72 and 12, the cross will many times to late.

 

but thanks for your help, may you can do it

cheers

Posted

Re: Forex Cobra System

 

I'm using 2MA Crossover as indicator for this cobra system.

If MA setting set exactly as cobra system then it will alert you when 2 MA crossed.

 

But i preferred to set 2nd MA to 36 or 48 SMA so that it can alert us before the actual 2 MA line cross over. This will let us prepare and monitor the trend 3 or 4 hrs before the actual of cobra signal.

 

Hope this help :-bd

 

 

  Quote
~Money often costs too much~
Posted

Re: Forex Cobra System

 

I believe the crossover from MA's is not helpful, coz this system must trade 24/4 and I will not 3-4 hour in the night weakup and wait come a entry or not :-)

 

unfortunately I'm not a coder, but my understand is:

 

here has to code the value of the MA's and the price, and have to compare for a signal, like

 

for long:

 

price value at close candle has both, open and close > then value EMAH 12 and also open and close > then value EMAH 72

 

for short:

 

price value at close candle has both, open and close < then value EMAL 12 and also open and close < then value EMAL 72

 

 

Thats the basis , then have also to check the ADX

 

 

cheers

Posted

Re: Forex Cobra System

 

Hello,

 

Anybody who bought this system more than 60 days should have received the 2 Bonuses such as: Indicator alert and EA from the author.

 

Hope they can share these 2 bonuses here for us to forward-test them more easily.

 

Thanks

Regards,

Han

Posted

Re: Forex Cobra System

 

Hi

 

Do you have waiting 60 days and after this period ask for the bonus? Do you mean that this Bonusses don't exist and it's only a tactic so that we don't ask for a refund during the 60 days period?

 

Thanks,

 

megainvest

Posted

Re: Forex Cobra System

 

I sent email asking question about cobra system....weeks ago..

Until now i still haven receive any reply from author... :-S

~Money often costs too much~
Posted

Re: Forex Cobra System

 

Sounds like it could be a scam to me...has you wait until it is too late to ask for a refund. The funny thing is that this method seems pretty accurate, and doesn't need to rely on a scam to sell...

Posted

Re: Forex Cobra System

 

I think you can dispute it with your credit card company directly if Clickbank declines to refund. This is scam and the seller needs to either honor his word or refund the money.

Posted

Re: Forex Cobra System

 

Many people forget about this, but it is a worthwhile approach to getting money back from a scammer. I have had to use it several times, but never for a forex product. If you have to use it, the credit card company will need a written statement about your point of view, and then give the vendor a chance to respond. If you take this approach, be sure to capture a screen shot of his web page promising to send the bonuses. That will help your case alot.

Posted

Re: Forex Cobra System

 

The pdf sent by the vendor clearly says it that after 60days you get the bonuses. So you need no other proof. You can still take a snapshot of the webpage as it was mentioned on the page about bonuses after you purchase and after the purchase it says wait 60days and after 60days nothing. So it will be a very strong case for you if you call your credit card company and have them dispute the charge. In that case, the onus is on the vendor to prove that they did the right thing.

Posted

Re: Forex Cobra System

 

i just read through the system - nice clean set of rules - does anyone have any experience in trading this ?

 

if its good i am sure some of our expert coders can bring up the signal alerter and the ea in no time...

Posted

Re: Forex Cobra System

 

Yes, it is a good system that works.

 

It would just be a lot easier if we had the either the EA or the Alert indicator he promised.

 

I don't think it was a Con, just cannot figure out why he is not answering his emails, unless he is on vacation or something happened to him.

Posted

Re: Forex Cobra System

 

  scwon said:
Yes, it is a good system that works.

 

It would just be a lot easier if we had the either the EA or the Alert indicator he promised.

 

I don't think it was a Con, just cannot figure out why he is not answering his emails, unless he is on vacation or something happened to him.

 

 

so maybe someone willing to code that indicator which alerts to possible setups ???

Posted

Re: Forex Cobra System

 

No doubt cobra is a great system..but i think the entry is a little bit slow.

 

I've modified my own rule for entry and exit.

 

Added Stochastic indicator.

 

Look at my proposal entry..is much more earlier and profitable compare to cobra's suggested entry rule.

Also with my new rule the trade will be more frequent.

 

Entry Rule:

1. Prepare for entry when price bar crossed Blue MA. [High for buy, Low for sell]

2. ADX is above 22 & DMI + & - is crossing [ Blue cross red for buy, Red cross blue for sell]

3. Stochastic is over bought or over sold at 20 & 80 level. [Overbought for sell, oversold for buy]

 

I only demo this method for 1 week mostly in US session.

I have my demo account 50% gain with this method.

 

This is suitable for all major pair.

 

If anyone have any idea to further improve this system ... all comment are welcome... :-bd

http://i828.photobucket.com/albums/zz204/lionmi/fx/Cobra1.jpg

~Money often costs too much~

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