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Guppy re-invented

  • #1,621
  • Jun 26, 2025 7:43am Jun 26, 2025 7:43am
Quoting sikocan
20 Minutes to go, Would you trade this? Trend Continuation? Buy/Long at next candle? H1 & D1 agrees, but not H4. From market correlation in another tool, I can see the power of EUR over GBP still strong, going for over 80 days. Star just appeared. {image} {image}
My sentiment is no trade for now
  • #1,622
  • Jun 26, 2025 8:48am Jun 26, 2025 8:48am
Riding CHFJPY now...

I don't understand why many people are riding against the trend
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  • #1,623
  • Jun 27, 2025 12:35am Jun 27, 2025 12:35am
[quote=sikocan;15290193]A quick update... The EURJPY order, I did ride it for a short time and left it with a small profit and used the Risk Management strategy recommended, setting the stop loss of 2nd order as the entry price to let it ride - which ofcourse it the stop loss - so I still came out on top.......

Hi sikocan.

So, if you don't pay attention to the resistance and support levels, you'll keep hitting the stop loss.

In every trend direction, there are corrections, where the price reverses in the short term. Without paying attention to the levels mentioned above, you can quickly fall into a trap.

Please let me know if you are interested in understanding it better.

Kind regards
Don't trade because you think you have to do something.
  • #1,624
  • Jun 27, 2025 2:33am Jun 27, 2025 2:33am
Hi Michael,

Please, I'm very interested - I have just learned about Fibonacci lines and how to draw them and it's incredible to see how the price respects these lines - apart from this, please sir, do explain I'm all ears and hoping to learn like a beginner.

Thank you,
Serkan
  • #1,625
  • Jun 28, 2025 9:57am Jun 28, 2025 9:57am
Quoting Michael.MSA
Quoting sikocan
A quick update... The EURJPY order, I did ride it for a short time and left it with a small profit and used the Risk Management strategy recommended, setting the stop loss of 2nd order as the entry price to let it ride - which ofcourse it the stop loss - so I still came out on top....... Hi sikocan. So, if you don't pay attention to the resistance and support levels, you'll keep hitting the stop loss. In every trend direction, there are corrections, where the price reverses in the short term. Without paying attention to the
...
Hi Michael, I am very interested in getting a better understanding of the levels you mentioned as well. Looking forward to you sharing some of your knowledge on the topic. Thank you.

Regards,
Thomas
  • #1,626
  • Jun 30, 2025 12:58am Jun 30, 2025 12:58am
Hi sicocan and ricosuaveiii.
Sorry for the late informations.

Resistance and support levels are the places on a chart where big traders enter into the market, and where other traders want to get out of the market.

Let's take the D1 timeframe. We all know that the sub-timeframes are parts of the D1 chart. So every single time frame has these entry and exit levels. These levels are created by the behavior of traders.

And because some traders exit the market at these levels, the price is likely to go back to the opposite direction.

So, if you find such levels in the larger time frames, like H1, H4, and D1, you can be sure that big traders are driving the price there. I call this an agreement that's being followed worldwide, just like Fibonacci.

But it's not that simple.
Finally, there are also levels in the lower time frames.

Anyone who thinks that's great, I'll just place a big order in that direction, can be quickly disappointed.

Who has entered the market with a large order because such a level is strait away should expect that the levels in the smaller time frames can cause that the price fall back, at least temporarily, and as we know, the price could reach the stop loss instead of the take profit.

So, what we should do is, check all timeframes and decide which levels the price could break through or not.

Also, always consider the possibility of a price reverse because traders have exited the market. Therefore, it's advisable not to take to large orders.
The price will reach the important levels, but we don't know when.

If the Preis get very near of the important level, is the probability very high that the price reach that level, but maybe after a little reverse what was caused from a level of a lower timeframe.

Dr. Rajesh's great and valuable trading system and his user instructions show the direction and the right moment to enter into the market.

Now it is up to us to make sure that we are not stopped by any support or resistance levels and that we reach our take profit.

I hope tha's helpful.
Kind regards
Don't trade because you think you have to do something.
  • #1,627
  • Edited 3:48pm Jun 30, 2025 3:35pm | Edited 3:48pm
Quoting walvekarraje
The MTF version as promised. On the main chart you will see 2 set of guppies. one set is the set from 6 to 51. The second set represent a higher time frame guppy of value 21 to 51. M5 - M30 M15 - H1 M30 - H4 H1 - H4 H4 - D1 D1 - W1 The subwindow indicators you are already fimiliar with. Most of the principles of trade are already discussed. This is a trade i took on Friday, one lot profit booked, second lot trailing to RTE 6 value. {image} {file} The only alerts are RTE 51 which is entry alert and RSIOMA CROSS ALERTS which i use as exit alert. (Enable...
MT4 freezes every time I switch timeframes with this template. Any fix?
Investing is SIMPLE but NOT EASY
  • #1,628
  • Jul 1, 2025 7:53am Jul 1, 2025 7:53am
Quoting Moly_Cam5
{quote} MT4 freezes every time I switch timeframes with this template. Any fix?
I saw this happening on H4 for USDJPY and EURUSD only. Specifically on H4 time frame. On a more powerful computer, there is also a delay however it's slightly less - it indicates - it's doing calculations in the background.
  • #1,629
  • Jul 1, 2025 8:39am Jul 1, 2025 8:39am
Quoting Moly_Cam5
{quote} MT4 freezes every time I switch timeframes with this template. Any fix?
I am running the same template in 3 simultaneous mt4 installations on my laptop. i changed timeframes many times but there was no delay/freeze. But i have only 5 or 6 charts running in each. So a possible explaination is having too many open charts on one mt4. hope this helps.
  • #1,630
  • Jul 1, 2025 8:54am Jul 1, 2025 8:54am
Lately my working hours and Indian market hours are the same and hospital work is massively high. Not able to trade as regularly as before. But Indian commodity markets are suitable for my intraday charts and i am getting very good results using M15/H1 timeframe. Trading Natural Gas has become my favourite.
Todays live ongoing trade : 2 lots as usual .
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Yellow vertical line is entry candle.
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I am sure the system should work on all instruments and any timeframes. Just wait for the setup/entry candle.
  • #1,631
  • Jul 1, 2025 9:15am Jul 1, 2025 9:15am
This is how my working chart looks like at present.
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The new first subwindow indicator and the dashboard are new. More clear and easy identification of entry in relation to MTF chart. Still optimising the settings.
This will probably be my final templete. Till then I get used to the current system. Trade in demo account,
  • #1,632
  • Jul 1, 2025 5:20pm Jul 1, 2025 5:20pm
Quoting Michael.MSA
Hi sicocan and ricosuaveiii. Sorry for the late informations. Resistance and support levels are the places on a chart where big traders enter into the market, and where other traders want to get out of the market. Let's take the D1 timeframe. We all know that the sub-timeframes are parts of the D1 chart. So every single time frame has these entry and exit levels. These levels are created by the behavior of traders. And because some traders exit the market at these levels, the price is likely to go back to the opposite direction. So, if you find...

Thank you Michael.MSA. It was helpful.
  • #1,633
  • Jul 3, 2025 1:36am Jul 3, 2025 1:36am
Passed an FTMO Trial using the good Doctors charting

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  • #1,634
  • Jul 4, 2025 5:34am Jul 4, 2025 5:34am
Quoting Pandatronix
Passed an FTMO Trial using the good Doctors charting {image}
WOW! Congratulations
  • #1,635
  • Jul 6, 2025 5:42pm Jul 6, 2025 5:42pm
Hi Doc, thanks for the system!

What’s your routine at the start of the week?
Do you wait for certain signals before acting on alerts, or just check them as they come?
Which alert types do you focus on most?

Went through the thread, didn’t see this—sorry if I missed it.
Wishing you a profitable week!
Investing is SIMPLE but NOT EASY
  • #1,636
  • Jul 8, 2025 9:11am Jul 8, 2025 9:11am
Got some trades, ig they were risky a bit
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Investing is SIMPLE but NOT EASY
  • #1,637
  • Jul 10, 2025 3:23pm Jul 10, 2025 3:23pm
Quoting walvekarraje
This is how my working chart looks like at present.{image} The new first subwindow indicator and the dashboard are new. More clear and easy identification of entry in relation to MTF chart. Still optimising the settings. This will probably be my final templete. Till then I get used to the current system. Trade in demo account,
I have marked the hidden inconsistency in the image. I was unable to detect this hidden inconsistency using weighted averages or other indicators. I am uncertain how to proceed. Could you please assist me in this matter?
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  • #1,638
  • Jul 10, 2025 5:17pm Jul 10, 2025 5:17pm
I was checking many pairs this week, but the real move happened after I stopped watching today.
- Do I need to watch the charts all the time with every alert?

- Is there any alert that tells me when all the signals point in the same direction for proper opportunity?
Investing is SIMPLE but NOT EASY
  • #1,639
  • Jul 11, 2025 8:34am Jul 11, 2025 8:34am
Quoting Moly_Cam5
Which alert types do you focus on most?
"Is there any alert that tells me when all the signals point in the same direction for proper opportunity?"
There is one simple rule : Buy when all indicators are Lime/Blue, Sell when all are Magenta/Red.

There are 2 types of entries
Trend Reversal Entry and Trend Continuation Entry.
1) Trend Reversal : Look at the blue rectangles on the chart where all indicators have turned Magenta in first and lime in second. Also notice the circle in circle arrow marked by red vertical lines on chart. At the close of this candle a "TREND REVERSED" alert will be generated. This is Trend Reversal Entry.
2) There are many types of Trend Continuation Entries.
(A) In established downtrend candles with Yellow solid circle arrows and "Go Short " alerts are minor pullback with continuation pattern.
(B) In a established downtrend when all indicators are all magenta but the APB candles paint Lime, these are ususlly profit booking candles. A short entry is possible when next candle color changes to Magenta (body and wick). There are no alerts for this and it is necessary to observe the chart for this kind of entry.
(C) The candles marked with Aqua colored trendline: These are Flag Entries. Only a few Guppy lines will change to lime in downtrend and magenta in uptrend, The candles marked close beyond these opp color guppies and are with alert "GoLong/Go Short"
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Few important points to be noted :
Color of guppies decide the trend.
Wait for close of candle to enter a trade.
Before entry confirm that all the indicator colors agree. Lime for Long, Magenta for Short.
Initial stoploss is at the swing high/low or RTE 21 (3rd value in data window) .
Do not trade pullbacks. Enter in the direction of trend.
Look at the left side of the chart. Trade only clean charts where price is following a trend. Sideways markets are easily identified when price is moving on both sides of guppies.
Lastly Trade in demo account first and get used and study the system before investing real money.

Hope this helps.


'
  • #1,640
  • Jul 11, 2025 8:38am Jul 11, 2025 8:38am
Quoting ozkanim
{quote} I have marked the hidden inconsistency in the image. I was unable to detect this hidden inconsistency using weighted averages or other indicators. I am uncertain how to proceed. Could you please assist me in this matter?
What you have pointed out is a divergence. I have never traded divergences nor i have mentioned them anywhere in the system. So sorry but cant help there.

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