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Attachments: Guppy re-invented
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Guppy re-invented

Quoting walvekarraje
Let me take this opportunity to explain the diffrence between flag trades and failed breakout trades. The same chart of USDCHF i profited today. {image} Notice the flag long entries in the uptrend. Valid and profitable trades obviously. Notice the APB candles after the flag. They are small but bullish. The reason is, there should be a strong buyer to move the price up and pumping money in. The stoploss orders of sellers can take the price up but not forever. In the failed breakout, the amount/number of trapped buyers is huge. once the support is...
Thank you doctor for such a wonderful explanation. Priceless!!
Quoting hashzar
{quote} Thank you doctor for such a wonderful explanation. Priceless!!
A caution. This works in timeframes H1 and above. H4 is optimal.
I have no experience in lower timeframes.
Quoting walvekarraje
{quote} Risky. RSIOMA are in oversold zone.
Doctor your RSIOMA oversold and overbought perform wonders, most times it delivered 150 to 200 pips
Quoting way99
{quote} file for mt5 please
request jblanked. He is the only coder in this group.
Quoting PipsArt
Good start.{image}
Hi, i using 1 m on gold following all Doc's rules, i down 150 pips in 2 days. i can see it work on chart, but it is not working for me, win rate is so low and it is weird cos i aim only for 10 pips, most of the trades price reverse where i enter, my sl is 15-20 pips.
please can you share more of your entries? and how do you risk manage, sl and tp, same as Doc rules?
Quoting E.G
{quote} Hi, i using 1 m on gold following all Doc's rules, i down 150 pips in 2 days. i can see it work on chart, but it is not working for me, win rate is so low and it is weird cos i aim only for 10 pips, most of the trades price reverse where i enter, my sl is 15-20 pips. please can you share more of your entries? and how do you risk manage, sl and tp, same as Doc rules?
Hi E.G,
I believe the Doctor recommended that the lowest time frame for this system is 15mins. Please be aware that any time frame below the recommendation increases the Risks quite considerably.

Are you using a higher timeframe to decide the direction of the markets so you are not trading against the trend.

Please note, I'm still learning this system myself. My observation is that it's really important to trade with the overall market trend.
Others will probably have more to add.
Quoting E.G
{quote} Hi, i using 1 m on gold following all Doc's rules, i down 150 pips in 2 days. i can see it work on chart, but it is not working for me, win rate is so low and it is weird cos i aim only for 10 pips, most of the trades price reverse where i enter, my sl is 15-20 pips. please can you share more of your entries? and how do you risk manage, sl and tp, same as Doc rules?
Can you post your entry and exit in picture ?
May be I can help.
Quoting jblanked
{quote} Great system! It's one of the best on Forex Factory that I've seen yet. Shoutout to Jeanlouie, Rajesh, TrendLaboratory, and Walvekarraje for their contributions! I noticed that the RTE25, Rajesh PBC, Rajesh Reversal, and Rajesh Intermediate Trend were all the same indicator but with slightly different colors, line widths, and MA periods. I created a version that combines all four indicators into one and developed an MT5 version. I removed the alerts, as this indicator works best with visual cues, and I plan on creating an EA that utilizes...
Here's the Histogram for MT4 and MT5, and the updated MT5 template. Now I'll work on the EA version.
Attached Image (click to enlarge)
Click to Enlarge Name: guppy-mt5-new.png Size: 38 KB
Attached File(s)
File Type: ex5 Guppy-Histo.ex5   14 KB | 109 downloads
File Type: ex4 Guppy-Histo.ex4   13 KB | 125 downloads
File Type: tpl guppy-wave-mt5.tpl   52 KB | 114 downloads
Software Developer and Music Producer
News Fundamentals All Time Return: 1,159.1%
current trade.
Attached Image (click to enlarge)
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Quoting jblanked
{quote} Here's the Histogram for MT4 and MT5, and the updated MT5 template. Now I'll work on the EA version.{image} {file} {file} {file}
Does the template/indicators come with the vertical lines and Heiken Ashe?
Quoting walvekarraje
current trade. {image}
Doc which broker are you using with zero commission?
Quoting jblanked
{quote} Here's the Histogram for MT4 and MT5, and the updated MT5 template. Now I'll work on the EA version.{image} {file} {file} {file}
Hi Jblanked,
Your Image posted looks very interesting...would you please share your template as is shown in the image if you don't mind(the one for MT4)
I would also like to test trade it on a Demo.
+18 pips for this NZDUSD trade
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-135 pips for this CHFJPY trade
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The setup was good for a pullback continuation but I think that my stop loos was too short.

Today I took this GBPCHF pullback continuation:
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I open only one trade per pair with 2% of risk per trade, this is my money management.
Guppy re-invented All Time Return: 16.6%
Testing your good system on M1 which is my specialty, greetings.
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Securing half of the profit..
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We adjust the gain of the first operation and incorporate the second, which we already have in BE.
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Let's move the profits.
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I close everything..

I always operate like this, but as the doctor explains, you can start with 2 operations and close the first one at a key point and let the second one progress.
Saludos, K.
M1 report, use real account with minimum balance .
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Quoting 8tango
+18 pips for this NZDUSD trade {image} -135 pips for this CHFJPY trade {image} The setup was good for a pullback continuation but I think that my stop loos was too short. Today I took this GBPCHF pullback continuation: {image} I open only one trade per pair with 2% of risk per trade, this is my money management.
Attached Image (click to enlarge)
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My advice is not to enter a trade when the candle is so far away from 51, and even less so if the candle is large.
Saludos, K.
Quoting Kraneos
Testing your good system on M1 which is my specialty, greetings.{image}Securing half of the profit.. {image} We adjust the gain of the first operation and incorporate the second, which we already have in BE. {image} Let's move the profits. {image}I close everything.. I always operate like this, but as the doctor explains, you can start with 2 operations and close the first one at a key point and let the second one progress.
I like your style
With the Doctor's permission, here is my M1/M5 template, in case anyone wants to try it.
Attached Image (click to enlarge)
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Attached File(s)
File Type: tpl K. Guppy M1_M5.tpl   26 KB | 237 downloads
Saludos, K.
Quoting Kraneos
With the Doctor's permission, here is my M1/M5 template, in case anyone wants to try it.{image} {file}
Hi Kraneos, thanks for template, i was using the one that PipsArt shared, now i will try yours.
Yesterday i was down 70 pips on 1 min gold and today i am up 70 pips, so maybe i am getting better with system or market is trending today and thats the reason, i still take 10 pips profit, i dont understand how to hold longer and where to close position, can you share how do you manage your scalp trades please?
Quoting bitgiggy
{quote} Doc which broker are you using with zero commission?
Its a demo account
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