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Guppy re-invented

  • #601
  • Jul 17, 2024 11:22am Jul 17, 2024 11:22am
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!!
  • #602
  • Jul 17, 2024 11:34am Jul 17, 2024 11:34am
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.
  • #603
  • Jul 17, 2024 11:46am Jul 17, 2024 11:46am
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
  • #604
  • Jul 17, 2024 11:58am Jul 17, 2024 11:58am
Quoting way99
{quote} file for mt5 please
request jblanked. He is the only coder in this group.
  • #605
  • Edited 2:44am Jul 18, 2024 1:58am | Edited 2:44am
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?
  • #606
  • Jul 18, 2024 8:47am Jul 18, 2024 8:47am
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.
  • #607
  • Jul 18, 2024 5:04pm Jul 18, 2024 5:04pm
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.
  • #608
  • Jul 18, 2024 6:58pm Jul 18, 2024 6:58pm
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 | 254 downloads
File Type: ex4 Guppy-Histo.ex4   13 KB | 228 downloads
File Type: tpl guppy-wave-mt5.tpl   52 KB | 227 downloads
Software Developer and Music Producer
News Fundamentals All Time Return: 1,159.1%
  • #609
  • Jul 18, 2024 8:08pm Jul 18, 2024 8:08pm
current trade.
Attached Image (click to enlarge)
Click to Enlarge Name: nu 8.png Size: 47 KB

  • #610
  • Jul 18, 2024 8:51pm Jul 18, 2024 8:51pm
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?
  • #611
  • Jul 18, 2024 11:13pm Jul 18, 2024 11:13pm
Quoting walvekarraje
current trade. {image}
Doc which broker are you using with zero commission?
  • #612
  • Jul 19, 2024 3:54am Jul 19, 2024 3:54am
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.
  • #613
  • Jul 19, 2024 4:18am Jul 19, 2024 4:18am
+18 pips for this NZDUSD trade
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 48 KB


-135 pips for this CHFJPY trade
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYH4.png Size: 47 KB

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:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFH4.png Size: 48 KB


I open only one trade per pair with 2% of risk per trade, this is my money management.
Guppy re-invented All Time Return: 83.3%
  • #614
  • Edited 5:33am Jul 19, 2024 4:37am | Edited 5:33am
Testing your good system on M1 which is my specialty, greetings.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3509).png Size: 85 KB
Securing half of the profit..
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3514).png Size: 82 KB

We adjust the gain of the first operation and incorporate the second, which we already have in BE.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3518).png Size: 86 KB

Let's move the profits.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3521).png Size: 80 KB
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.
  • #615
  • Jul 19, 2024 5:44am Jul 19, 2024 5:44am
M1 report, use real account with minimum balance .
Attached Image (click to enlarge)
Click to Enlarge Name: image_2024-07-19_174413947.png Size: 29 KB
  • #616
  • Jul 19, 2024 5:47am Jul 19, 2024 5:47am
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)
Click to Enlarge Name: Captura de pantalla (3523).png Size: 99 KB

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.
  • #617
  • Jul 19, 2024 5:49am Jul 19, 2024 5:49am
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
  • #618
  • Jul 19, 2024 6:21am Jul 19, 2024 6:21am
With the Doctor's permission, here is my M1/M5 template, in case anyone wants to try it.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (3527).png Size: 61 KB

Attached File(s)
File Type: tpl K. Guppy M1_M5.tpl   26 KB | 376 downloads
Saludos, K.
  • #619
  • Jul 19, 2024 7:07am Jul 19, 2024 7:07am
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?
  • #620
  • Jul 19, 2024 7:13am Jul 19, 2024 7:13am
Quoting bitgiggy
{quote} Doc which broker are you using with zero commission?
Its a demo account
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