The time-domain simulation follows the heaving of the conical float in waves and calculates the bag shape, ballast motion, adiabatic air pressure and the flow through the turbine. There are two independent oscillators, the float with its resonance and the bag/ballast with its resonance. The coupling of the two oscillators gives rise to a wide band response with two peaks in the capture width each reaching the theoretical λ/2π. In this new wave energy converter, apart from the turbine, there are no mechanical moving parts, no joints nor pistons, no end stops nor sliding seals, no flaps nor one-way valves. The expected life of the airtight flexible bag remains to be determined, but potential manufacturers are optimistic.