Guppy re-invented

Good start. Please go through all guidelines to stay away from over trading. Also kindly keep your charts posted to our standard templete to avoid unnecessary questions and explainations.
Best luck.

Had a very busy schedule this week resulting in SL being hit mainly due to " no opportunity to observe open trades due to time constraints". But a good trade to end the week.

Yellow vertical line is entry candle..

Do you think that opportunities at the week close should be ignored?

gone very quiet on this thread

True.Goes both ways.
Either there is nothing to learn more or there is nothiing more to teach ....

Lamentablemente, así es como funciona. Los traders están tan inundados por el bombardeo de información que no nos molestamos en aprender las estrategias correctamente y saltamos de una a otra. Así es como funciona.

Por mi parte, sigo pensando que la estrategia en sí que he aprendido de ti es excelente, los ratios obtenidos con ella son muy buenos. Llevo unos meses comparando las señales TP/SL de esta estrategia con otras míticas de forex factory como:

Comercio simplificado (TDI)
https://www.forexfactory.com/thread/...ng-made-simple

Nihilistas
(https://www.forexfactory.com/thread/...rex-indicators).

Solo poner esta estrategia encima de estos dos "debería estar orgulloso", independientemente de cómo funcione el hilo, en estos hilos, sobre todo al principio, el autor los mantiene, solo hay que leerlos para darse cuenta de ello.

Por otro lado, la estrategia que estoy usando y seguiré usando, veo que es de las mejores que he tenido en los últimos años, pero tiene mejoras como todo en la vida y estoy trabajando en ello.

Os dejo expuestos algunos de ellos por si queréis checarlos, desde mi punto de vista el GANN 9 en vez de marearos te llena el gráfico de lineas si sigues la estrategia a diario te marea y te da muchas señales falsas, en vez de esto para limpiar los gráficos y hacerlos más apetecibles a la vista he creado un "GANN PRESIGNAL" en un time frame superior. Un GANN de 50 marca la dirección del mercado en H4, las entradas son en esa dirección en un time frame inferior siempre y cuando el GANN superior no diga lo contrario.

He eliminado la primera ventana de la plantilla con sus dos indicadores porque las entradas siempre coinciden con los colores de estos, si te gustan los colores están muy bien, si te gusta la practicidad no sirven para nada o eso entiendo yo, siempre que hay una corrección a las medias 3,9,21 y 51 los colores coinciden con el movimiento inicial.
Lo único para lo que sirve el RSIOMA es para ver divergencias y por lo que tengo entendido de esta plantilla es una plantilla pura sangre si el mercado esta fuerte la señal no falla (Esto es lo que más me gusta de ella).

Los promedios que no aportan nada salvo la parte visual los he eliminado.
Bueno, hice algunos cambios más, en la parte visual pero no en la esencia, solo pretendo simplificar el trading y adaptarlo a mi. También adapté la estrategia a marcos temporales más pequeños M1_M5_M15, para operaciones intradía y scalping.

Por ultimo comentar, he leido en alguna parte de este hilo que no debiamos hacer cambios sobre esta plantilla inicial, disculpe si algun momento lo he molestado, lo que hice fue adaptarla a mi y simplificar la plantilla que no la estrategia pues en esencia como dije es de lo mejor que vi en los ultimos años, mi más sincera enhorabuena me ayudado mucho.Dejo unas imagenes para que vea como queda mi plantilla.

Disculpen mi inglés. Utilizo el traductor de Google.

Hi,
Any news about the EA?
Thanks.

Hi, how are you.
I have a question. What do you think? Why do currency prices always go to the support and resistance lines?

It's just a question, I don't want to make you angry.

Kind regards

"Lamentablemente, así es como funciona. Los traders están tan inundados por el bombardeo de información que no nos molestamos en aprender las estrategias correctamente y saltamos de una a otra. Así es como funciona."
True. i have been using Guppy system for many years now and very successfully Simply because of its ease to identify trends.

"Solo poner esta estrategia encima de estos dos "debería estar orgulloso", independientemente de cómo funcione el hilo, en estos hilos, sobre todo al principio, el autor los mantiene, solo hay que leerlos para darse cuenta de ello."
Every strategy has advantages and disadvantages. None will work in sideways market. The only important thing is to keep losses to minimum. In this system it is very easy to trail stoploss looking at the data window. The stoploss levels are always at dynamic support or resistance. one of the best method is to place initial SL at the fourth value in the data window and as the trade progresses' in your favor, move SL to 3rd,2nd and 1st values to minimize loss and maximize profits. TP is always according to traders greed. It is always good to exit trade when you feel that the profit earned is sufficient.

"Por otro lado, la estrategia que estoy usando y seguiré usando, veo que es de las mejores que he tenido en los últimos años, pero tiene mejoras como todo en la vida y estoy trabajando en ello."
Any suggestions and improvements are most welcome.

"Un GANN de 50 marca la dirección del mercado en H4, las entradas son en esa dirección en un time frame inferior siempre y cuando el GANN superior no diga lo contrario."
i cant agree more. i have also changed the setting Lb = 51 and take trades on PBC alerts in that direction.

"He eliminado la primera ventana de la plantilla con sus dos indicadores porque las entradas siempre coinciden con los colores de estos, si te gustan los colores están muy bien, si te gusta la practicidad no sirven para nada o eso entiendo yo, siempre que hay una corrección a las medias 3,9,21 y 51 los colores coinciden con el movimiento inicial."
The strategy can be stripped down to three moving averages 9,21,51 and one Rsioma 12 but it will require further analysis before entering the trade. With this chart i can spot entries in one second and need not think twice for trading without fear. Look at the chart below. All the flag entries after the yellow vertical line( weekly trend changed to bearish) and marked by rectangle..... easiest trades, minimum risk and huge reward. This will not be possible if you strip the chart naked.

"Lo único para lo que sirve el RSIOMA es para ver divergencias " "Los promedios que no aportan nada salvo la parte visual los he eliminado"
Here i disagree. I love RSIOMA indicator and i rarely use it for divergence (as i have used it today for my current trade).
RSIOMA is a very smooth and robust indicator. it wont change direction like RSI with every opposite candle. Also it indicates how much moment is possible in the trend. A bullish RSIOMA below 50, i expect a strong up move. I also use it as a momentum indicator. 8 cross 12 from below above indicates a strong bullish trend and vise versa. In fact i don't trade unless 8 is above 12 for going long and vise versa.

"Bueno, hice algunos cambios más, en la parte visual pero no en la esencia, solo pretendo simplificar el trading y adaptarlo a mi. También adapté la estrategia a marcos temporales más pequeños M1_M5_M15, para operaciones intradía y scalping."
Change template as per your requirement and make profits. That is what the forum and this thread is for. A sincere request : please do not post your modified charts here. Some one will definitely ask for Template file and unnecessarily the thread will be flooded with files and templets causing confusion.
And yes the system works in all time frames.


Thank you for your contribution and happy trading.

Not on the horizon and dont expect one .
Creating a EA for this system will require a lot of coordinated work, testing, retesting, finding and correcting errors etc etc. No coder will be ready to do it for free.

What is the name of the indicator (2 lines of green and/or magenta bars) into the picture attached (arrow red)?

Please,

click on it with the mouse and
press the right button:

on the list that appears,
open the "list indicators" and

scroll the menu ...

see the main window and the
subwindows

(that contain
the indies you are looking for)

Hi Michael, the price seeks liquidity in the markets and as a consequence it crosses or touches those support and resistance zones, as they are commonly called. In reality, what the price is doing is seeking its efficiency by reaching those zones. If you look closely, most of the time when it reaches those zones it breaks a maximum or minimum by just a few pips when the zone works. Entering these zones works better if there is a FAIR VALUE GAP beforehand, although what I am telling you has nothing to do with this thread. This has been studied for many years now and is now called smart money, but in the past it was called in many other ways. In the end, it is price action. It is all the same, whatever you call it, do not be fooled.
If you do not understand what I am saying, I recommend that you study "Smart money" it will help you understand price action.

Hi RafaBy
Thank you for the kind answer.
Let me explain why I asked. Unfortunately there have been no more posts about this excellent trading system from Dr. Rajesh for some time now. It is probably like already written: “Everything has been said and sufficiently explained”. It looks like that there is no further interest in making helpful contributions.
So I thought I would write a question to an active member of this thread about an interesting topic that should be basic knowledge for every active forex trader.

I already knew this answer, I read about it a time ago. I wanted to ensure that this valuable thread was continued with further contributions.
You are the second person who very kindly pointed out to me that my post had nothing to do with this thread, a friendly member had sent me a private message.
I had written another post with this topic, but then I immediately deleted it.

What one should do if there is nothing more to say?
Such a valuable thread from one of the best trading system ever should keep alive.

Kind regards

Hi Michael, I am really grateful for your contribution and concern to keep this thread alive !
There are no posts in the thread probably because i have been clear enough to discourage flooding of posts with indicators , templets , and EAs which may cause confusion among readers. Be assured i am receiving many personal messages thanking, encouraging and congratulating me for a good system. Most important is traders are making profit using the system.
All agree that the system has excellent entry signals but exit is a major issue as with all other systems and it is ususlly left to the psycology of the trader. Sometimes we book profit too early and sometimes we take losses more than expected. I was working on a good exit strategy to compliment the system . That is the reason you might be seeing major losses in my trade explorer as i was testing live in demo account.

We are celebrating Diwali and tomorrow is "Lakshmi Pujan" that honours Lakshmi, the goddess of wealth, prosperity and fortune.
Tomorrow i will be introducing EXIT INDICATOR which i have compiled using ChatGPT. The results are quite encouraging. I hope it will make the system much better and more successful.

Hi Dr. Walveka, thank you for sharing this thread and your post. I use a Guppy for my long term portfolio.

I've done well. I'm long only (only the SP500 or Nasdaq) and have built up my portfolio over the years. I add a bit by bit relying only on H4 or sometimes the daily.

I get out when it goes against me and get back in when I see it go green. I've been wrong a lot of times (missed profits) but long term this has been the only system that really works.

I hope to contribute to this thread. A+ also that you are a cancer surgeon Cancer research is one subject that is dear to my heart. Enjoy your celebrations!

This is the exit/re-entry indicator I was talking about. I dont know who originally coded it, with due respect to him,I have grossly modified it using ChatGPT and renamed it to suit the system.
I have not tested it on live market but visual/manual backtest on charts looks promising.

A couple of things to consider before using this indicator.
1) When ever you feel you have made adequate/satisfactory profit, book it and exit the trade. Let the market do whatever it wants.
2) Trailing SL at the data window values is still a good option. The TE 21 value (Third value in data window) or TE 9 (second value in data window) during the initial phase of the trade ( to prevent stopping you out prematurely in a good trend) and TE 3 (first value in data window) when profits are better than expected is what i do during my trades.
3) I always trade with 2 lots and book profit of one lot at R:R 1:1. Then trail second lot to breakeven and above. I have been practicing this for many years with good results.
4) Always place SL in the system when trade is initiated.
5) Trading timeframes H1 and above is safer and more profitable in this system ( This is my personal opinion and i dont mean to hurt any one who is good at trading in lower timeframes) H4 is the best.

Always trade in demo account first, test the system and if you feel comfortable and confident only then trade in live market.

Guidelines:


Indicator:



Also note that i have changed the RAJESH SWGHL CURRENT setting to 51 on the main chart. Trade onlt in direction of that vertical line.

Plan the trade and then Trade the plan.

I also created (not modified ) two more indicators related to rsioma, using ChatGPT, in quest of good exit indicator. Though they might not serve for a good exit, still they might be useful to traders using rsioma in their strategy.
One draws arrows in subwindow when two rsioma cross ( not the standard rsioma and ma cross). this indicator has no alerts.
The Second draws vertical lines on change if slope and color of the rsioma line. this indicator is with alerts.

As far as i know, such such indicators do not exist.
To use them in our system just drag them into the rsioma window.
The cross serttings are 8 and 12 and the slope change is for Rsioma 12 which we use in our system. settings can be changed or modified.

Absolutely agreed. I am a long term investor . i choose 5 to 6 instruments per year usually in January using fundamental analysis of PE and ROCE using MAGIC formula sorting out only GROWTH stocks. i only buy stocks in uptrend using Guppy and when approximately at 10% profit i exit a part, approximately 75 % quantity and retain the remaining 25% in my portfolio for ever. Again I buy the same script after a pullback is over and repet this cycle for 1 year. I always invest a fixed amount every time for all the stocks. I maintain a excel sheet of all my transactions meticulously so i know at any moment where i stand. I have color coded the excel sheet so at a glance i know what to buy or sell.
Guppy makes it very easy to make decisions and this system used in H4 or D1 is just what i need.
This is how my excel sheet is for today. this is inspite of indian market down by almost 10%


I hope you will contribute to this thread.

The order flow analysis in charts like GoCharting is much better to understand "Smart Money". The only data needed is Delta, Cumulitive Delta in real time. It is wonderful if combined with Guppy system even for scalping in 1,3,5 min charts. For long term it is phenomenal.
I am using GoCharting for last 2 years and will be happy to share my method. but not on this thread please.