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Guppy re-invented

  • #1,281
  • Oct 1, 2024 7:02am Oct 1, 2024 7:02am
2 trades today. one lot profit booked.
Attached Image (click to enlarge)
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  • #1,282
  • Oct 1, 2024 10:29am Oct 1, 2024 10:29am
Quoting walvekarraje
2 trades today. one lot profit booked. {image}
That's what I love to see.

Kind regards.
Don't trade because you think you have to do something.
  • #1,283
  • Oct 1, 2024 10:54am Oct 1, 2024 10:54am
Rsioma divergence is a one of the best entry, low risk and very very high reward. and entry candle precisely identified by the system .
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  • #1,284
  • Oct 4, 2024 5:00am Oct 4, 2024 5:00am
Quoting walvekarraje
Rsioma divergence is a one of the best entry, low risk and very very high reward. and entry candle precisely identified by the system . {image}
I can't see the Gann lines
  • #1,285
  • Oct 4, 2024 5:48am Oct 4, 2024 5:48am
Quoting ozkanim
{quote} I can't see the Gann lines
I deleted few indicators temporarily to highlight divergence
  • #1,286
  • Edited 9:47am Oct 4, 2024 9:24am | Edited 9:47am
Quoting ozkanim
{quote} I can't see the Gann lines
Anyone trading divergence, RSIOMA is the best indicator to trade divergences. 1) it is non repainting. 2) it is roboust: wont change direction frequently and suddenly with each candle like RSI . 3) RSIOMA divergence in over bought ( above 80) and over sold (below 20) are the best trend reversal trades.

Though RSIOMA in our system has no alerts, it plays a very important role in making entry decisions. Not only it precisely identifies the over bought and over sold zones but more importantly it also acts as a momentum indicator. Also it acts as a filter to trade entry.
To go long: if RSIOMA 8 is above 12, means the upward momentum is strong and it is a low risk high reward trade.
To go short : vise versa...
Trade rsioma divergence only if above criteria are met...

The rsioma divergence has to be supplimented with the alerts generated by the system. All indicators if complimenting eachother, only then an entry is validated.
Just a random example from my current chart.....
The entry is white vertical line where divergence is confirmed and a alert is generated in our system.

Attached Image (click to enlarge)
Click to Enlarge Name: DIVERGENCE.png Size: 73 KB


Lastly i dont want any one to ask or start coding rsioma divergence indicator as it not the core for the system but a part of it.

And ignore my trades at the bottom of the chart. They are my ongoing trades not related to this post
  • #1,287
  • Oct 4, 2024 9:55am Oct 4, 2024 9:55am
Quoting walvekarraje
{quote} Anyone trading divergence, RSIOMA is the best indicator to trade divergences. 1) it is non repainting. 2) it is roboust: wont change direction frequently and suddenly with each candle like RSI . 3) RSIOMA divergence in over bought ( above 80) and over sold (below 20) are the best trend reversal trades. Though RSIOMA in our system has no alerts, it plays a very important role in making entry decisions. Not only it precisely identifies the over bought and over sold zones but more importantly it also acts as a momentum indicator. Also it acts...
Thank you so much, that is a great help.

My best regards.
Don't trade because you think you have to do something.
  • #1,288
  • Oct 4, 2024 12:22pm Oct 4, 2024 12:22pm
Quoting walvekarraje
{quote} Anyone trading divergence, RSIOMA is the best indicator to trade divergences. 1) it is non repainting. 2) it is roboust: wont change direction frequently and suddenly with each candle like RSI . 3) RSIOMA divergence in over bought ( above 80) and over sold (below 20) are the best trend reversal trades. Though RSIOMA in our system has no alerts, it plays a very important role in making entry decisions. Not only it precisely identifies the over bought and over sold zones but more importantly it also acts as a momentum indicator. Also it acts...
Thank you my friend
  • #1,289
  • Oct 7, 2024 8:55am Oct 7, 2024 8:55am
Dear friends.
Is there anyone who needs some help with this trading system from Dr. Rajesh? I think a good way would be if you publish your trading demo account in the Forex Factory trading explorer. So we could talk about failed trades and do better next time. I have my Trade Explorer. You can check it out, you can see that you can achieve good results with this trading system when used correctly.
Best regards
Don't trade because you think you have to do something.
  • #1,290
  • Oct 7, 2024 12:28pm Oct 7, 2024 12:28pm
Quoting Michael.MSA
Queridos amigos, ¿hay alguien que necesite ayuda con este sistema de trading del Dr. Rajesh? Creo que una buena manera sería que publicara su cuenta demo de trading en el explorador de trading de Forex Factory. Así podríamos hablar de las operaciones fallidas y hacerlo mejor la próxima vez. Tengo mi Trade Explorer. Pueden echarle un vistazo y verán que pueden lograr buenos resultados con este sistema de trading si se usa correctamente. Saludos cordiales
Hi Michel. I think what you propose is perfect, I will look into linking an account. I have also been reviewing your operations, I see that you have modified the strategy of this thread or so it seems to me, especially in the exits. Could you explain what modifications you made, the SLs are smaller (you do not execute the stops when the color changes, you varied the ratios) and the percentage of success is much higher than that of the Doctor. Congratulations on your results.
Wisdom is gained little by little. Don't be in a hurry "FOCUS".
  • #1,291
  • Edited 5:28pm Oct 7, 2024 1:37pm | Edited 5:28pm
Quoting RafaBy
{quote} Hi Michel. I think what you propose is perfect, I will look into linking an account. I have also been reviewing your operations, I see that you have modified the strategy of this thread or so it seems to me, especially in the exits. Could you explain what modifications you made, the SLs are smaller (you do not execute the stops when the color changes, you varied the ratios) and the percentage of success is much higher than that of the Doctor. Congratulations on your results.
Hi RafaBy.
You observe very well. There is a simple explanation for this. It is not my intention to change anything in the trading strategy. Due to time constraints, I am forced to place pending orders in the evening by asia open, for the next day, to be ready when London open, and then New York. I pay attention to all entry signals, but only in the H4 chart.
My pending entry for a sell order is slightly below the last 4 hour candle. Then for my take profit I look at where the price could meet support, that will be my take profit level.
I have to do that in this way because I have no way of monitoring the open trades during the day on the computer. I can see my open trades only on my mobile phone, but without the indicators from Dr Rajesh.

I use the distance from the entry to the take profit as the distance for the stop loss. Unfortunately I have no other possibility.

My success rate is definitely not better than Dr Rajesh's success rate. I just started this account a few days ago. So I can still make a lot of mistakes. But the good thing about it, is that I can learn from it.

Most of the trades that ended in red for the doctor were initially well in the green; he often had no opportunity to observe his open trades due to time constraints, and so later they changed the color to red. I observed it sometimes.

On the other hand, I believe that the most important thing is to get the right entry correctly; everything else can be handled in the way that suits you best.

For example, I really get nervous when I see on my mobile phone that the trading price isn't moving properly, I just get out of the trade when it's in plus, before it goes in the opposite direction, that's why sometimes I don't reach the take profit. In the end this can be good or bad for me, but I prefer not to get in minus when the trading price moves very slonly.

If you have the time to follow your open trades on the computer, will it be better to do it exactly as explained in the instructions, that's definitely the best way to success.

I am happy to answer any further questions.

Kind regards
Don't trade because you think you have to do something.
  • #1,292
  • Oct 7, 2024 8:13pm Oct 7, 2024 8:13pm
Quoting walvekarraje
{quote} Anyone trading divergence, RSIOMA is the best indicator to trade divergences. 1) it is non repainting. 2) it is roboust: wont change direction frequently and suddenly with each candle like RSI . 3) RSIOMA divergence in over bought ( above 80) and over sold (below 20) are the best trend reversal trades. Though RSIOMA in our system has no alerts, it plays a very important role in making entry decisions. Not only it precisely identifies the over bought and over sold zones but more importantly it also acts as a momentum indicator. Also it acts...
Hi Rajesh, I wanted to take a moment to thank you for your time and generosity. I have read through the posts...and from what I have seen, this is a great system. I will be learning/testing on a demo account starting this week. Again, you are appreciated, Sir. Take care.
  • #1,293
  • Oct 8, 2024 7:45am Oct 8, 2024 7:45am
Thanks all, great thread! Any conversions to MT5 possible?
  • #1,294
  • Edited 12:16pm Oct 8, 2024 11:14am | Edited 12:16pm
Quoting whiteso
Thanks all, great thread! Any conversions to MT5 possible?
Sorry, i have no idea if all these indicators are available in MT5.
So Like it or leave it.
  • #1,295
  • Oct 8, 2024 11:18am Oct 8, 2024 11:18am
Quoting ricosuaveiii
{quote} Hi Rajesh, I wanted to take a moment to thank you for your time and generosity. I have read through the posts...and from what I have seen, this is a great system. I will be learning/testing on a demo account starting this week. Again, you are appreciated, Sir. Take care.
from the begining i have insisted to trade in demo account.
  • #1,296
  • Edited 12:08pm Oct 8, 2024 11:54am | Edited 12:08pm
Quoting RafaBy
{quote} Hi Michel. I think what you propose is perfect, I will look into linking an account. I have also been reviewing your operations, I see that you have modified the strategy of this thread or so it seems to me, especially in the exits. Could you explain what modifications you made, the SLs are smaller (you do not execute the stops when the color changes, you varied the ratios) and the percentage of success is much higher than that of the Doctor. Congratulations on your results.
our system identifies the entyy candle with a great accuracy .after the entry with 2 lots, tp1= R:rR 1:1,. after that trail SL to break even and book profit according to APB candles or the RSIOMA ..

the documents in the first post are guidelines.

  • #1,297
  • Oct 8, 2024 12:23pm Oct 8, 2024 12:23pm
There is no exit indicator guys, either book profit when you are happy or book loss at the minimum if the price is moving against you.
  • #1,298
  • Oct 8, 2024 9:36pm Oct 8, 2024 9:36pm
Hello walvekarraje,

Thanks for this very nice system. Wondering if you can help me add alert for notifications to this indicator
Attached File(s)
File Type: mq4 RAJESH SWGHL CURRENT.mq4   11 KB | 282 downloads
  • #1,299
  • Oct 9, 2024 3:08am Oct 9, 2024 3:08am
Quoting Toppi
Hello walvekarraje, Thanks for this very nice system. Wondering if you can help me add alert for notifications to this indicator

It took 25 sec for chatgpt to compile file and 5 min on M1 chart to verify that push notifications are working.
Attached File(s)
File Type: mq4 RAJESH SWGHL CURRENT PUSH.mq4   11 KB | 324 downloads

Cheers
  • #1,300
  • Oct 9, 2024 7:04am Oct 9, 2024 7:04am
First day of testing the strategy
good trades of the day
not read the entire guideline and thread yet buy I will
am I going the right way?
consider the last trades of each attached image
gold and gbpusd on m15
Attached Image(s) (click to enlarge)
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