Guppy re-invented

i m using right now tradingview premium so if u think it can work then lets go ahead.

Hello everyone and special thanks to Shriman Walvekarraje Ji for his effort and for sharing this system with us.

I have to admit that it's a bit difficult for me to grasp all the tools and concepts, especially since I'm not familiar with MT4/5. I only use TradingView.

Please, Is it possible for someone to advise me how to set this system in TradingView?

Namaste!

I am extremly sorry. MT4 is the only charting platrofm i use.

Hello to all
I do follow the system just one question do see many 4 hrs time frame so please what will be the best time frame to trade
many thanks

Hello Doc! Happy NY!
I try to train with your new template after some break. What would you say about this EU sell entry?
Thank you!

I trade only H4 in my demo forex account. i trade in M30 in my real account in Indian market as trading hours are only 6 hrs 16 min. Dont recomend trading less than M30.

Happy NY to you too.
Did you take a break form trading or you were trying different systems ?

I trade scalping technique on LTF for many years, so all my FF-and-around activity is testing and experiments
How are you with M30? Trade Indian indexes only or forex too?

Which LTF you trade? May be i can help you. also let me know if you use MTF for reference...
For LTF, subwindow indicators are not required. Only Guppy and APB candles are more than sufficient for scalping.

I have been trading with half-hour charts for a year. I think it is a very ideal time frame.

Still trade this sys now?

Yeah, it's going great.

Could you post some entries please?

tell me what TP. do you use? or are you using a trawl?

I tested the 4-hour timeframe this week and observed no opportunities on six major currency pairs, with only one opportunity appearing on BTC/USD.

- Is this valid position? as the second histogram not in red?
- Also what best lower timeframe u suggest for intraday?

Respected Walvekarraje, I am extremely thankful for your contributions, form which I learnt a lot. Will you elaborate more about your LTF strategies using Guppy and APB candles as you have mentioned. I would be highly grateful again.

By tomorrow, I will post charts with detailed explainations for sure.

that would be great

Trading LTF with Guppy and APB :

1) To understand this trading system please read Guppy document and APB documents first.
2) It is advisable to know at least few basics of trend trading like Dow Theory. Trend lines, flags and channel breakouts. These will supplement and or confirm entries taken using this system.
3) GUPPY APB is a trend trading system. Wait for the trade to manifest itself. Wait for candle to close. All entries are at the close of the candle. Alerts are also at the close of the candle but you can change to open candle if you want. I do not recommend it. Do not trade very big candles or candles with large wicks.
4) The entry candle should be at par with the previous candle visually in current timeframe, not too big, not too small.
5) No counter trend entries are recommended. Always trade in the direction of Long term Guppies. Dow Theory is only to enter in direction of trend and avoid counter trend entries.
6) This is not Holy Grail. There will always be winning and losing trades. The aim is to keep losses at minimum and ride the trend as long as possible.
7) RTE 21 is a HARD STOPLOSS. So the risk is predefined before entering the trade. According to money management if the risk is greater than the max allowed, do not trade, or keep SL as per your money management protocol.
8) As it is a trend trading system, the R:R is 1:2. I always recommend trading with 2 lots. TP of one lot is with R:R 1:2 with pre defined initial SL at RTE 21. Shift to BE or trail SL to RTE 6 value when TP 1 is achieved for the second lot.

DO NOT :
1) Add or delete indicators from the template or try to strip down the system to minimum indicators. This is a visual trend trading system easy to understand and follow.
2) You can add indicators or remove them but do not post pics on the thread. It will confuse others.
3) Do not ask for Dashboard with alerts. I will post a screener/dashboard in my own time and explain how to use it.
4) Do not ask if the system is available on any other platforms like MT5 or trading view. I use MT4 only. All the settings are in the template. Design/replicate the system in other platforms.
5) DO NOT ask for EXPERT ADVISOR or AUTOMATED TRADING USING THIS SYSTEM. Because I know it can’t be done.
6) I am a long term investor in Indian market in equities. I do not trade forex. In forex I trade in demo account only in my free time. But this system I do use in futures and options in Indian market whenever I get a good opportunity on M30 chart. I usually sell options for passive income. So please don’t ask me what pairs I trade and which sessions I trade.

Lastly:
1) These are recommendations, not rules.
2) Understand and study the system, get used to it, trade in Demo account first. When confident trade in real account.
3) This is to be used on 30 min TF. It can be used on M15 or H1.I don’t recommend below M30. H4 and above are already discussed.

Documents :





Indicators and Templete

Thanks Dr.Rajesh,thanks for your detailed explanation. just for clarity how do you use the rajesh SWGHL cuurent in this new LTF system or it is to be used as earlier editions. Thanks again.