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Guppy re-invented

  • #1,641
  • Jul 11, 2025 11:11am Jul 11, 2025 11:11am
The arrows in the subwindow indicate that the trend strength is decreasing. or the momentum is gone. i use it as a exit indicator. I activate this alert only when i i am in a trade. If i am short and i get alerted " consider exit short" , i trail my stoploss to the high of the previous candle.

  • #1,642
  • Jul 13, 2025 7:24am Jul 13, 2025 7:24am
Quoting walvekarraje
{quote}Before entry confirm that all the indicator colors agree. '
Based on my understanding, am I allowed to enter a short trade early — as soon as all indicators turn magenta — even if the price hasn't yet fully closed below the Guppy lines?

Like entering on the candle just below the red arrow in the screenshot
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
Investing is SIMPLE but NOT EASY
  • #1,643
  • Jul 13, 2025 9:23am Jul 13, 2025 9:23am
Quoting Moly_Cam5
{quote} Based on my understanding, am I allowed to enter a short trade early — as soon as all indicators turn magenta — even if the price hasn't yet fully closed below the Guppy lines? Like entering on the candle just below the red arrow in the screenshot
Guppy is the basic indicator. All guppy should be Magenta to go short, Then look at subwindow indicators.
As per your pic, the short trade is initiated at the yellow circle in circle arrow alert candle close.
  • #1,644
  • Jul 15, 2025 5:34am Jul 15, 2025 5:34am
Quoting walvekarraje
{quote} Guppy is the basic indicator. All guppy should be Magenta to go short, Then look at subwindow indicators. As per your pic, the short trade is initiated at the yellow circle in circle arrow alert candle close.
Hello, doctor. Where can I download the system with the latest update?
  • #1,645
  • Jul 15, 2025 11:42am Jul 15, 2025 11:42am
Quoting ozkanim
{quote} Hello, doctor. Where can I download the system with the latest update?
31 May 2025 Update in the first post of the thread.
  • #1,646
  • Jul 22, 2025 5:30am Jul 22, 2025 5:30am
From my testing, the main issue is that the alerts are extremely confusing.
The majority alerts (around 90%) which comes from RTE51 are either not important or not worth reviewing, offering little value in terms of monitoring.
As a result, we end up missing the real opportunities that occur throughout the day.

We need to monitor multiple indicators to trigger an alert—for example, a price closing above the MA and the appearance of a vertical line.
Additionally, incorporating more signals, such as those from RSIOMA, could help strengthen the overall signal.

Is it possible to enhance the system to support this?
Investing is SIMPLE but NOT EASY
  • #1,647
  • Jul 22, 2025 3:29pm Jul 22, 2025 3:29pm
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...
This version slows down the platform considerably. I used to be able to use it very quickly before. Do you have any suggestions for a solution?
  • #1,648
  • Jul 23, 2025 9:41pm Jul 23, 2025 9:41pm
Hello Mr walvekarraje, first of all Thank You for sharing the indicator and strategy Sir
it really help for a not so smart person but want to make it in forex market like me

does this strategy can be use on all pair including xauusd sir?
and can it be use on a H1 time frame ?
  • #1,649
  • Jul 24, 2025 10:16am Jul 24, 2025 10:16am
Quoting Tabary
Hello Mr walvekarraje, first of all Thank You for sharing the indicator and strategy Sir it really help for a not so smart person but want to make it in forex market like me does this strategy can be use on all pair including xauusd sir? and can it be use on a H1 time frame ?
Surely can be used on any instrument. Works best on h1 and h4.
  • #1,650
  • Edited 11:37am Jul 24, 2025 10:18am | Edited 11:37am
Quoting ozkanim
{quote} This version slows down the platform considerably. I used to be able to use it very quickly before. Do you have any suggestions for a solution?
Try decerasing Max bars in history and chart.
Also reduce the number of charts. it is possible to have multiple instances of MT4 running on one computer
  • #1,651
  • Edited 11:00am Jul 24, 2025 10:37am | Edited 11:00am
Quoting Moly_Cam5
From my testing, the main issue is that the alerts are extremely confusing. The majority alerts (around 90%) which comes from RTE51 are either not important or not worth reviewing, offering little value in terms of monitoring. As a result, we end up missing the real opportunities that occur throughout the day. We need to monitor multiple indicators to trigger an alert—for example, a price closing above the MA and the appearance of a vertical line. Additionally, incorporating more signals, such as those from RSIOMA, could help strengthen the overall...
"the alerts are extremely confusing" You can disable alerts which you dont want.
" incorporating more signals, such as those from RSIOMA"
BestTraderEv has modified RSIOMA indicator on my request which is excellent and possible to modify alerts also as per requirement. Try this to enhance the system. If you can tell exactly what you want, I might be able to help.
Attached File(s)
File Type: ex4 RSIOMA_v4.0_alerts_collab.ex4   43 KB | 249 downloads
I recommend to use this system H1 and above for good results.
  • #1,652
  • Edited 6:22am Aug 5, 2025 6:04am | Edited 6:22am
I’ve been working on this method but haven’t made much progress on the M30—still not sure why. I’ve noticed that even when the setup conditions are met, there’s often a quick reversal and trend change, especially during the London session. On the other hand, the cleaner, trend-following moves seem to happen more during the Sydney session.

Anyone else noticed something similar?
Investing is SIMPLE but NOT EASY
  • #1,653
  • Aug 5, 2025 11:33am Aug 5, 2025 11:33am
Quoting Moly_Cam5
I’ve been working on this method but haven’t made much progress on the M30—still not sure why. I’ve noticed that even when the setup conditions are met, there’s often a quick reversal and trend change, especially during the London session. On the other hand, the cleaner, trend-following moves seem to happen more during the Sydney session. Anyone else noticed something similar?
Hi Moly_Cam5
There isn't as much market activity in the Sydney session as in the London session. When a new trading day begins, many traders like to position themselves for the main trading sessions.
This happens when Sydney opens, and the indicators they rely on have a better chance of predicting the price's direction.

In the main trading sessions, the wholesale traders determine the price's path, and the indicators have to move quickly to keep up. This means they run behind the price. If some traders decide to exit during these sessions because they've reached their target, and many enter in the opposite direction, the price moves in the opposite direction.
This also happens in the Sydney session, of course, but not as frequently as in the main sessions.

Most traders like to trade from one support area to the next resistance area, or vice versa. Of course, the price can also suddenly reverse. This always depends on how many traders are entering and exiting.

There are some things in trading that indicators don't know. But with a little skill active traders can determine where resistance and support levels are located.

The price only breaks through these levels if it is pushed hard enough. If not, it stays where it is for a wile, or even reverses his direction, when some willing traders decide on a direction. And so the price finds its new way, which the indicators can follow.

Kind regards
Don't trade because you think you have to do something.
  • #1,654
  • Aug 5, 2025 12:44pm Aug 5, 2025 12:44pm
Quoting Moly_Cam5
I’ve noticed that even when the setup conditions are met, there’s often a quick reversal and trend change
As i have mentioned many times that i trade indian equity markets only so i am the last person to comment about sessions . But if you can share your charts with "when the setup conditions are met, there’s often a quick reversal and trend change" i might be able to help.
Also if you need any costomised alerts for this system, please share your thoughts. I will do my best to help.
  • #1,655
  • Aug 7, 2025 5:16am Aug 7, 2025 5:16am
Quoting walvekarraje
{quote} Also if you need any costomised alerts for this system, please share your thoughts. I will do my best to help.
I suggest creating an Expert Advisor that monitors the indicators conditions and sends an alert when there's a valid trade setup.
I’m happy to assist with this, but I’ll need the MQ4 files for the indicators in case any updates or modifications are required.
If you’re ready to share them, I’ll keep you updated. What do you think?
Investing is SIMPLE but NOT EASY
  • #1,656
  • Aug 7, 2025 6:58am Aug 7, 2025 6:58am
Quoting Moly_Cam5
{quote} I suggest creating an Expert Advisor that monitors the indicators conditions and sends an alert when there's a valid trade setup. I’m happy to assist with this, but I’ll need the MQ4 files for the indicators in case any updates or modifications are required. If you’re ready to share them, I’ll keep you updated. What do you think?
According to you what is a valid setup ? Please explain exactly what conditions need to be satisfied to validate a high probablity setup.
Chart pictures with conditions will be appreciated.
  • #1,657
  • Aug 7, 2025 7:09am Aug 7, 2025 7:09am
Quoting walvekarraje
{quote} According to you what is a valid setup ? Please explain exactly what conditions need to be satisfied to validate a high probablity setup.
A valid setup is based on clear conditions (which might be your own provided rules). For example, the EA can monitor all indicators, wait for an arrow to show up, a line to appear, a candle to close above a moving average, etc. Once all conditions are met, it triggers a buy/sell alert (no execution, at least for now). I think it's better to let the EA handle all conditions together, instead of relying on separate alerts from different indicators — that can be hard to follow on many pairs.

What do you think?
Investing is SIMPLE but NOT EASY
  • #1,658
  • Aug 7, 2025 7:21am Aug 7, 2025 7:21am
Quoting Moly_Cam5
{quote} A valid setup is based on clear conditions (which might be your own provided rules).
Kindly explain exactly what conditions you want the EA to monitor? A set of specific conditions.
  • #1,659
  • Aug 7, 2025 7:29am Aug 7, 2025 7:29am
Quoting walvekarraje
{quote} Kindly explain exactly what conditions you want the EA to monitor? A set of specific conditions.
The issue isn’t really about which conditions I want — the conditions would be based on the strategy rules. What I mean is that the expert advisor can help monitor those rules across multiple pairs and alert us only when key conditions are met (the strategy rules themselves).

Just as a simple example (not actual rules): a vertical magenta line appears, RSIOMA is below 50, etc.

I’m simply saying that I can help build the EA using the conditions you provide. It would help filter trades and identify better opportunities across several pairs more efficiently.
Investing is SIMPLE but NOT EASY
  • #1,660
  • Aug 7, 2025 7:41am Aug 7, 2025 7:41am
Quoting Moly_Cam5
{quote} Just as a simple example (not actual rules):
For EA you will need specific set of rules. After studying you must have found one or more set of rules that you want the EA to monitor. Give one example of specific set of rules, let me study and decide if the EA is worth it or it can bed done by simple modification in indicator alerts.
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