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Guppy re-invented

  • #1,741
  • Apr 23, 2026 4:29am Apr 23, 2026 4:29am
Quoting RiskFighter
Dr. Walvekarraje I got the system to work for me. I have traded H4 this week. Damn it is slow. I hate trading H4, but I am sure it will be profitable in the long run. Today I made the M5 setup. It took me an hour to make 5 trades. They all went into profit. One fine day is no statistic, but I really think this will be a profitable system. In fact, I believe that this is the best system I have seen in my many years of trading - including all the systems I have built myself. Well done Sir. {image}
Hello RiskFighter, can you elaborate a bit what did you use and did not use, and anything else useful, if you have time of course, thanks in advance !
  • #1,742
  • Apr 23, 2026 4:51am Apr 23, 2026 4:51am
Quoting RiskFighter
Dr. Walvekarraje In fact, I believe that this is the best system I have seen in my many years of trading - including all the systems I have built myself. Well done Sir.
A compliment from a senior and experienced trader like you means a lot. thank you so much !
  • #1,743
  • Apr 23, 2026 5:08am Apr 23, 2026 5:08am
Quoting Catalin1906
{quote} Hello RiskFighter, can you elaborate a bit what did you use and did not use, and anything else useful, if you have time of course, thanks in advance !
I look for continuation trades. So a pullback followed by a signal where all lines have the same colour. Best is it if the pullback does not breach the 51 line.

I take two trades. 1:1 and 1:2. SL below the last swing low.

Important is it to wait for trades that are in a good trend on the higher timeframe.

I have set the 21 line to thickness 5. I feel - as the doctor also say in the instruction, that a bounce on this line is the best there is.

I believe this is the recipi for profit with this system.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 138 KB
MetaTrader 4 - so many advantages.
  • #1,744
  • Apr 23, 2026 5:13am Apr 23, 2026 5:13am
Quoting RiskFighter
{quote} I look for continuation trades. So a pullback followed by a signal where all lines have the same colour. Best is it if the pullback does not breach the 51 line. I take two trades. 1:1 and 1:2. SL below the last swing low. Important is it to wait for trades that are in a good trend on the higher timeframe. I have set the 21 line to thickness 5. I feel - as the doctor also say in the instruction, that a bounce on this line is the best there is. I believe this is the recipi for profit with this system. {image}
Thanks for the quick response as always, if it is not too much for a template, i appreciate it.
  • #1,745
  • Apr 23, 2026 5:16am Apr 23, 2026 5:16am
Using the RRW 1:1 and 1:2 is a kind of break even system. If you win the 1:1 but lose the 1:2, then your total profit is zero. And with this system, the 1:1 should be easy to get.
MetaTrader 4 - so many advantages.
  • #1,746
  • Apr 23, 2026 5:22am Apr 23, 2026 5:22am
Quoting Catalin1906
{quote} Thanks for the quick response as always, if it is not too much for a template, i appreciate it.
My template is the standard template, but here it is.

I use my own trade managemant tool. Will upload that a bit later.
Attached File(s)
File Type: tpl Guppy.tpl   118 KB | 112 downloads
MetaTrader 4 - so many advantages.
  • #1,747
  • Edited 5:47am Apr 23, 2026 5:29am | Edited 5:47am
Quoting Catalin1906
{quote} Thanks for the quick response as always, if it is not too much for a template, i appreciate it.
This is my trade management tool. It is very simple.

 

  1. Push the button "Line". A yellow line will appear on the screen.
  2. Move the line to where you want the stoploss.
  3. Push the button "Long" or "Short". Two trades will be made as RRW 1:1 and 1:2.
  4. When the trade appear you can delete the line.

Fast and easy to use.

EDIT: BY THE WAY, IT COLOURS THE BACKGROUND NAVY WHEN YOU HAVE A LONG TRADE AND MAROON IF YOU HAVE A SHORT TRADE. THAT CANNOT BE CHANGED IN THIS VERSION.

Use it on your own responsibility. I cannot guarantee it will be without errors.

Attached File(s)
File Type: ex4 RFManuelTrade_4.ex4   13 KB | 89 downloads
MetaTrader 4 - so many advantages.
  • #1,748
  • Apr 23, 2026 8:34am Apr 23, 2026 8:34am
Quoting RiskFighter
{quote} My template is the standard template, but here it is. I use my own trade managemant tool. Will upload that a bit later. {file}
Thank you, for both template and trade management tool !
  • #1,749
  • Apr 24, 2026 10:37am Apr 24, 2026 10:37am
Take a close look at the consolidation zone indicated by the cursor on the 1-minute chart. Then, when you examine the same area on the 5-minute chart, you will see that this region is above the cloud. Once all these conditions are met, after entering the trade at the point indicated by the cursor on that 1-minute chart, I take profit the moment the RSIOMA on the 1-minute chart flattens out above the 90 level. You can observe this across various timeframes on your charts. I have found that using this system in this way significantly increases the success rate.
DeepL ile çevrildi (https://dee.pl/app)
Attached Image(s) (click to enlarge)
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  • #1,750
  • Apr 24, 2026 10:44am Apr 24, 2026 10:44am
Quoting ozkanim
Take a close look at the consolidation zone indicated by the cursor on the 1-minute chart. Then, when you examine the same area on the 5-minute chart, you will see that this region is above the cloud. Once all these conditions are met, after entering the trade at the point indicated by the cursor on that 1-minute chart, I take profit the moment the RSIOMA on the 1-minute chart flattens out above the 90 level. You can observe this across various timeframes on your charts. I have found that using this system in this way significantly increases the...
Of course, I’d love to see these two charts on a single screen. But the system doesn’t allow that at the moment. Also, it would be brilliant if we could use this system in MetaTrader 5. Because there, alongside the 1-minute charts, there are also lower timeframes such as 2-minute, 3-minute and 4-minute charts. And that gives us far more opportunities.
DeepL ile çevrildi (https://dee.pl/app)
  • #1,751
  • Apr 25, 2026 6:44am Apr 25, 2026 6:44am
Need help analyzing this chart.

One is just a zoom in, and another is zoom out picture

Before this, I was backtesting the following strategy:
a) Always take trades in the direction of the trend
b) Wait for a magenta or lime signal line to appear
c) Enter only if the RSIOMSA indicator gives a signal at least 1–2 candles before the magenta/lime signal (this is an extra filter I added)
I believe this improves the probability of success. Dr. had also shared a similar example earlier, and I will attach that image as well.
Here is my analysis of the chart from left to right:

  1. Lime signal (around 18 March, 20:00)
    Conditions (b) and (c) were satisfied, but not (a), so I would discard this trade. Also, it appeared after a large candle, which makes it less attractive.
  2. Magenta signal (around 23 March)
    Conditions (a), (b), and (c) were satisfied. RSIOMSA also gave confirmation, so I would have taken this trade. It ended in a loss. A sudden lime signal followed—possibly due to news, not sure.
  3. Lime signal after that
    I would not take this, as I don’t want to revenge trade or trade against the trend.
  4. Magenta signal (around 26 March)
    Conditions (a) and (b) were satisfied. However, RSIOMSA was oversold and no confirming signal appeared, so I would have skipped it. This one turned out to be a winner.
  5. Lime signal (around 30 March)
    Conditions (b) and (c) were satisfied. I was unsure whether the market had moved into a range or was still in a weak downtrend. Since condition (a) was unclear, I would likely skip this trade. Missed profit.
  6. Magenta signal (around 2 April)
    Conditions (a), (b), and (c) were satisfied. I would have taken it. With a tighter stop loss, it may have produced around 1R profit.
  7. Lime signal (around 3 April)
    Conditions (b) and (c) were satisfied. I would still have considered the market to be in a downtrend or range, so I likely would have skipped it. I would not have expected such a strong breakout move.

This is my current analysis. I would really appreciate feedback on where I may be going wrong, what I am missing, and how I can improve this approach.

Attached Image(s) (click to enlarge)
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  • #1,752
  • Apr 25, 2026 9:23am Apr 25, 2026 9:23am
So, I read the whole thread again. I can make the EA for this. But it will not work. It is a visual system and by the way, it is both fun and easy to trade it manually.
MetaTrader 4 - so many advantages.
  • #1,753
  • Apr 25, 2026 10:17am Apr 25, 2026 10:17am
In my opinion, trading on the first pullback is the safest option; subsequent pullbacks carry more risks.
Quoting zer0kool
Need help analyzing this chart. One is just a zoom in, and another is zoom out picture Before this, I was backtesting the following strategy: a) Always take trades in the direction of the trend b) Wait for a magenta or lime signal line to appear c) Enter only if the RSIOMSA indicator gives a signal at least 1–2 candles before the magenta/lime signal (this is an extra filter I added) I believe this improves the probability of success. Dr. had also shared a similar example earlier, and I will attach that image as well. Here is my analysis of the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2026-04-25 221318.png Size: 147 KB
  • #1,754
  • Apr 25, 2026 11:25am Apr 25, 2026 11:25am
Quoting RiskFighter
So, I read the whole thread again. I can make the EA for this. But it will not work. It is a visual system and by the way, it is both fun and easy to trade it manually.
I agree...wonderful colors, great thread and thx Dr.walvekarraje for your work!

By the way RiskFighter, i like also your template
trading is like dancing, don't think and just listen to the music!
  • #1,755
  • Edited 9:03pm Apr 25, 2026 8:18pm | Edited 9:03pm
I had the freezing problem, which kept me away from trading yesterday. It is solved now and I am ready for start trading at monday. I find the trades amongst the 28 Forex pairs. Here is the setup:

On a demo account I have my analysis setup. There is only one chart. I use the FXVECTOR to scroll through all pairs. When I find a pair that looks promissing for an upcoming trade, then I open that pair on a props account trading minilots in the beginning.

I expect to follow 6 promissing pairs on the props account, that is a nice resolution on the screen. And with only 6 pairs on the account the speed is satisfactory.

So when I start the trading, I will find the 6 best pairs to the props account. There I will follow them by using the alarm features and trade whatever setups I get.

I will be trading M5. Split will of cause be a problem. I mainly put the initial SL on T51. But will start trailing at T21 as quick as possible to minimize losses. I only exit trades based on closed bars.

This is my analysis chart on the demo account:
I recommend FXVECTOR (in the upper left corner) because it is working fast.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 189 KB


I don't know which hero made the FXVECTOR. There is no copyright informations.
Attached File(s)
File Type: ex4 FXVECTOR - Pairs and TF.ex4   16 KB | 95 downloads
MetaTrader 4 - so many advantages.
  • #1,756
  • Apr 26, 2026 10:14pm Apr 26, 2026 10:14pm
hi guys, is this a valid entry?
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2026-04-27 001418.jpg Size: 49 KB
  • #1,757
  • Apr 27, 2026 4:17am Apr 27, 2026 4:17am
yes at the close of this bar
  • #1,758
  • Edited 7:31am Apr 27, 2026 7:14am | Edited 7:31am
I had a slow start at M5 today, so I made 3 trades at H4. But I then had time to watch charts and I found my way of trading.

On the template i edited the SL21 line. I set the size parameters to 5. That way the lines and arrows are easy to spot.
Identify instruments with a habit for having nice long slow lines. These instruments are now your trading pool.

 

  1. Watch for the RSIOMSA going outside the overbought / OverSold (OB / OS) boundairies. When they cross back these lines, that´s the signal to watch for the trade. The gun is loaded. The force is with you.
  2. Now watch for an arrow at the SL21 line. When that appears - (within a few bars, otherwise the trade might be invalid), you are close to the trade.
  3. Next, when a bar close over the SL6 line and all indicators then have the same colour, this is your moment. Take the trade. In the direction of the slow lines.

This is a pretty normal way to use oscillators and here we have a very special stabile oscillator. Wait for the OB/OS to cross the 80/20 and then you have a signal. Hmmm - I find that 70/20 is better.



Jep, thats my take on it. Se the thumbs on this chart to find three nice trades, where RSIOMSA loaded for a shot and the white arrows tells you to out your finger on the trigger.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 154 KB
MetaTrader 4 - so many advantages.
  • #1,759
  • Apr 27, 2026 8:31am Apr 27, 2026 8:31am
Quoting fream1
hi guys, is this a valid entry? {image}
Better wait for a pull back on RSIOMA
  • #1,760
  • Apr 27, 2026 9:47am Apr 27, 2026 9:47am
Quoting chien.mac
{quote} Better wait for a pull back on RSIOMA
But that is not part of the strategy. And blue line shows momentum.
MetaTrader 4 - so many advantages.
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