Dollie's Safe Pips Indicator

Just to show what can happen in day trading - take your profits near pivot levels or the big numbers when it is there. Don't be gready! The downward move changed right on the next pivot level and move back to my orginal entry point.

hi all
i'm new to this, and i want to know where the complete rules and possible indicators fo this system ,please
thx alot

Look from post #296 on. Paper trade for a while.

I have been reading through the thread, and like what I see so far. I've tried some limited tests with the first Dollie system and it seemed to work pretty well. I'm just now going over the 2nd method, and will be testing that method over the next couple of weeks.

I will keep you guys posted of my results. Thank you very much for all of your efforts and explanations so far, and thanks to Dollie for a great system.

Ron.

Hello all,

I am able to load the first version of the Dollie system with no issues, but when I try to load the 2nd system template, it crashes MT4. No error message, just straight to the desktop.

I've tried deleting all of the charts and only having one chart open with no templates or indicators on it, but as soon as I apply the 3a template or any of the other 3 templates, it crashes straight to the desktop.

I tried to create the template myself, but I am very new to MT4 and I am not sure how to overlay the indicators in one single window.

Any help would be appreciated

Ron.

Must've been something wrong with my install, after a fresh install everything loads fine.

Ron.

Hi Ron

Glad you've managed with the templates. Looking forward to see your charts and opinions/decisions.

Just an example of flat pink lines on the Tripli I saw today on EURU$. I highlighted with the rectangles.

Nowhere to trade - so I decided to stay on the side line for the day.

A trade on E$ with some indicators in line. I did enter under the arrow pointing down. Triple was just crossing the 0 line. Dynamic was coming out of the overbought area and ADX was crossed.

From InterbankFX there is a GPS software available to identify price pattern. I saw the rising wegde pattern at the same time giving me a target as well.

Then I went to the 5min chart and wait for the price to cross the 50MA - right belwo the arrow on the 5min chart.

Close half my position after 20pips profit and move my SL to BE. I then activated a trailing SL of 15pips which was eventually triggered for another 41pips.

Nett profit of 30.5pips.

Sorry to have to write this last message. I am tired of looking everyday on forex factory hoping that someone has made a new post on the success of this wonderful system. The triple hull (and other indicators, post #296) is excellent and I am more successful now than at any other time in my trading career. Looking for success stories from others. More important hoping that others have seen things that I haven't and are willing to share their ideas with others. Dollie began to be overwelmed early on in this post and so I took the lead to man the post and let her continue to develop new system and help others in other ways. Blanca came on and helped out with ideas and offered aid to me which I am forever in debt to her. So I shared my ideas and thoughts on how to make this system and the triple hull system better. I enjoy sharing and learning from others. I am not a great trader but trying to be a good student and helper. Trading is a lonely business and I yearn to reach out to others to share ideas and thoughts. So with no anger but mostly sadness that I say goodbye. I will continue to be on the forex factory forums somewhere and maybe start another post if I can find others who want to share.

Sorry to see you go Pip Pirate. I just found this thread and it is indeed an interesting read. Its unfortunate that good ideas die out so fast when the topics fall off the first page.

golfer: could you please post your smma angle indicator? I have been looking for one similar to that but not able to find one yet.

I think you did an excellent job but you have to realize what people want. They want to see charts daily with successful trades so that they can believe they can do it also. Look at stochastics are sexy thread, gobs of charts explaining the concept. you need to post these charts daily and soon you will have more people asking (sometimes redundant questions) for information. They need to be constantly reinforced with the idea that this is so simple that they can do it also. If you take this step you will continue to attract people to your thread so you can continue helping, because you will learn more by doing this and explaining than just going to another thread. By doing this also you will keep the thread on the front page where people are more apt to see it. BTW I read this thread 3 time from beg to end and have had 6 successful trades in a row the last being 261 pips on the gbp/jpy (paper trading). This is a fantastic strategy. I normally don't post, but I though it worthwhile in this case. Keep the faith. terry

I agree with tfrench!

I'm sad that this topic is dying. A very good strategy and I think that we have to keep this post update and alive.

Please Pip Pirate... don't go!

Hi Lep

With pleasure. I hope this is what you want.

Thanks to tfrench and others for the kind words. I really wasn't using that post as a cheap shot to get people to respond. I really thought that no one would write in as I see no posts for a week except Golfer. I can't be the only one who posts charts all the time as it takes too much time and I spend too much time on the computer as it is. Other people are going to have to contribute their successes otherwise this is "my" personal journal and I never wanted it to be that way. I tried to respect Dollie and Blanca and how they trade so that everyone should listen to them and do it their way. But now I am forced to let you all in on a little secret. The main reason I don't post charts all the time is that I dont' use the H1 time frame. I trade M15 and M5 charts and that is somewhat against the rules. Okay I have said it. The truth is out. I don't recommend everyone doing it (as I don't recommend any buy, sell or hold advice) but have found that the shorter time frames work better for me. As a new trader tho I would try to learn the H1 system as you will have long term better success. Scalping is dangerous to your money management. but for me it works. I do scalp to swing trades with this system. I'll look in on this post for the next few weeks but again Golfer and I can't be the only ones. Even if you just say hi I made some pips that would be great.

Ah, ty Golfer

I have been following this thread since the beginning but never really got too involved because I to am a "scalper" and didn't want to get scolded!!! LOL I still use Dollies original setup (Absolute Strength, RSI, CCI & LSMA) only. This system has allowed me to trade my way with more confidence. Don't get me wrong, if I'm in on a move on the 5min charts and its seems a strong trend is developing I switch to the 15min. I then switch to the 30min or 1hr charts if this persists.

Hi JC

You are not alone - that is what I am doing as well. Dollie is one of my conformation system for direction. I'll try and look for a setup as described by PP2. Then I go to my 5min chart and wait for a pullback to my 21EMA or 50SMA to pull the trigger.

I just couldn't find a nice setup lately (after 15H00GMT) and I don't trade just because one has to trade.

The trade must come and look for me and not me looking for a trade!

PP2 - don't give up. Last week I had the very same feeling but I kept posting. Hopefully it helps somebody or maybe it is because I am a university lecturer and just want to assist people.

I basically use the HMA indicator (set at 10). I will follow this and wait for this line to shoot up or down at a nice slope. Once this happens I refer to Dollies indicators. I try to make sure the RSI and Absolute Strength are at different extremes and the LSMA is cutting through the middle

I scan all of the charts and wait for the best setups. Some days certain pairs are just flat.

Attached is the HMA indicator along with a nice 10pip move I just got on the NZDUSD cross this afternoon.

here is a trade I just scored on the usd/cad cross. Again, I scan many pairs and wait for a setup that I think is prime.

see attached