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Guppy re-invented

  • #1,761
  • Apr 27, 2026 7:48am Apr 27, 2026 7:48am
Quoting fream1
hi guys, is this a valid entry? {image}
When you upload a picture, then make it bigger. We want to be able to see name of the instrument, timeframe and some more history. And we should be able to open the chart ourself to judge the situation.
MetaTrader 4 - so many advantages.
  • #1,762
  • Apr 27, 2026 8:01am Apr 27, 2026 8:01am
Quoting RiskFighter
{quote} When you upload a picture, then make it bigger. We want to be able to see name of the instrument, timeframe and some more history. And we should be able to open the chart ourself to judge the situation.
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I apologize. This is the AUD/CAD pair in question on the 4-hour chart. Reviewing my notes from the Dr., i understand that my entry was incorrect because the RSIOMA was not oversold, nor was it below the 50 line.
As for the rest, I think it was correct: the price pulled back to R51, then broke through all the opposite SL from 6 to 51 (Red), and also added the lime-green vertical line.
  • #1,763
  • Apr 27, 2026 8:32am Apr 27, 2026 8:32am
Quoting fream1
{quote} {image} I apologize. This is the AUD/CAD pair in question on the 4-hour chart. Reviewing my notes from the Dr., i understand that my entry was incorrect because the RSIOMA was not oversold, nor was it below the 50 line. As for the rest, I think it was correct: the price pulled back to R51, then broke through all the opposite SL from 6 to 51 (Red), and also added the lime-green vertical line.
I would have no problem i trading with that Momentum line. There are 2 problems in the trade:

  1. It comes from a whole week of ranging. There were no uptrending slope in the chart.
  2. All bars the last week had a low below the 51. Then a SL on 51 is never good. You should have placed the SL below the latest swing low. If you did that, the trade would still be alive.

MetaTrader 4 - so many advantages.
  • #1,764
  • Apr 27, 2026 10:10am Apr 27, 2026 10:10am
Quoting RiskFighter
{quote} But that is not part of the strategy. And blue line shows momentum.
Yes, but in this case there is a failed signal right ahead, so to be safe, i think we should wait.
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  • #1,765
  • Apr 27, 2026 12:09pm Apr 27, 2026 12:09pm
Quoting chien.mac
{quote} Yes, but in this case there is a failed signal right ahead, so to be safe, i think we should wait. {image}
The entry point I'm pointing out is the last white bullish arrow
  • #1,766
  • May 7, 2026 6:11am May 7, 2026 6:11am
The journey towards $100,000 for Bitcoin has begun
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  • #1,767
  • May 8, 2026 7:12am May 8, 2026 7:12am
Just downloaded most recent version causing my MT4 to go very slowly, down to a crawl. Anyone else having this problem, or could it be just my computer?
"Be the change that you wish to see in the world." --Gandhi
  • #1,768
  • May 8, 2026 11:01am May 8, 2026 11:01am
Quoting Wally1953
Just downloaded most recent version causing my MT4 to go very slowly, down to a crawl. Anyone else having this problem, or could it be just my computer?
Too many instruments in your MT4 can cause this. I have max 6 to 7 tabs/charts open.
You can install multiple instances of MT4 in one computer with the same user name and password.
  • #1,769
  • May 8, 2026 1:27pm May 8, 2026 1:27pm
Quoting walvekarraje
{quote} Too many instruments in your MT4 can cause this. I have max 6 to 7 tabs/charts open. You can install multiple instances of MT4 in one computer with the same user name and password.
I have 25 charts open. This problem is known. I had it and solved it. Just don't remember how right now. Let me take a look at the problem tomorrow. There is a solution.
MetaTrader 4 - so many advantages.
  • #1,770
  • May 8, 2026 2:40pm May 8, 2026 2:40pm
Quoting RiskFighter
{quote} I have 25 charts open. This problem is known. I had it and solved it. Just don't remember how right now. Let me take a look at the problem tomorrow. There is a solution.
I removed all tabs so just have the one, and problem still persists. Thank you for looking into this.
"Be the change that you wish to see in the world." --Gandhi
  • #1,771
  • May 8, 2026 11:39pm May 8, 2026 11:39pm
Quoting Wally1953
{quote} I removed all tabs so just have the one, and problem still persists. Thank you for looking into this.
I think it was the RAJESH RSIOMA CROSS ARROWS ALERTS file that is the problem.

Try deleting that file from the indicators. Make a new test template and put this template on all charts. Now things should work. (If I remember right).

I know that somebody made a new version of the file that analysis a smaller data set. You must find the post where that is described. For me, I just don't use that file. And I have the Guppy running at two brokers with 25 charts at each. That is 50 charts of Guppy. OK, my computer is very powerful, so maybe that is too much for some. But still, you should be able to run all forex pairs on a normal computer.

Let me know if this was the problem.
MetaTrader 4 - so many advantages.
  • #1,772
  • May 8, 2026 11:52pm May 8, 2026 11:52pm
Quoting Wally1953
{quote} I removed all tabs so just have the one, and problem still persists. Thank you for looking into this.
I have read all post in this thread several times. I recommend everybody to do that - no matter which thread they are following.
Therefore I knew what to do when I got the freezing problem. I now scrolled back for you and found the important posts for you:

1,669 and 1,574.
MetaTrader 4 - so many advantages.
  • #1,773
  • Edited 12:18am May 9, 2026 12:06am | Edited 12:18am
Now as I am writing, let me just tell this too. I Tried to work on M5 with the Guppy. Did not work for me. Neither M15, 30 or 60. Even H4 was difficult. Often when getting a nice setup, then the trade stopped after a few bars. The problem is, that we don't get all those steep runs as we did before. They do come but it is more seldom. And you never know in which session they appear.

So I am now using the Daily TF. It seems more efficient. Ok, then you cannot have a fast trading machine as in the M5, but for me this is more succesful. And I still work all forex and some metals, indices and so on, so there are enough trades to catch.

I watch for momentum alerts and wait for the right setup after such an alert. Easy.

I take two trades. 1:1 and 1:2. When the 1:1 is profitted, then you will not lose money, even if you do not get the 1:2.

Of cause if the trade is running fine, then I might let the trade run further.
MetaTrader 4 - so many advantages.
  • #1,774
  • May 9, 2026 4:32am May 9, 2026 4:32am
Quoting RiskFighter
{quote} I have read all post in this thread several times. I recommend everybody to do that - no matter which thread they are following. Therefore I knew what to do when I got the freezing problem. I now scrolled back for you and found the important posts for you: 1,669 and 1,574.
I deleted RSIOMA CROSS ARROWS from post 1669 which solved the problem. The markets are closed at this time, not sure if that has anything to do with it. Will know for sure on Monday when markets are open.

I have followed this thread since the beginning, read every post. I was active for a short while posting my trades in real time and did pretty good. Because of your recent posts, I am inspired to give it another go.

I really appreciate your efforts, thanks very much!
"Be the change that you wish to see in the world." --Gandhi
  • #1,775
  • May 9, 2026 5:54am May 9, 2026 5:54am
Quoting Wally1953
{quote} I deleted RSIOMA CROSS ARROWS from post 1669 which solved the problem. The markets are closed at this time, not sure if that has anything to do with it. Will know for sure on Monday when markets are open. I have followed this thread since the beginning, read every post. I was active for a short while posting my trades in real time and did pretty good. Because of your recent posts, I am inspired to give it another go. I really appreciate your efforts, thanks very much!
I don't think it is a problem that the market is closed. But if you can't wait, then make a lot of charts with Bitcoins. They are trading.
MetaTrader 4 - so many advantages.
  • #1,776
  • May 9, 2026 9:13am May 9, 2026 9:13am
Quoting Wally1953
Just downloaded most recent version causing my MT4 to go very slowly, down to a crawl. Anyone else having this problem, or could it be just my computer?
Delete this
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  • #1,777
  • Edited 2:20am May 11, 2026 1:38am | Edited 2:20am
Quoting ozkanim
{quote} Delete this {image}
I played with a demo the first two hours of London Open.

TF M15.

The Doctor (OP) has expressed, that we are not allowed to use other indicators in this thread, but he welcomes if we try using the present indicators in different ways and maybe then find new ways to trade the Guppy.

I have noticed, that the brilliant RSIOMA is the first signal for a possible change in direction. If you look at some charts you will find, that many times this signal provide some bars in that new direction and I have the idea, that maybe it will be possible to make money using this early signal. Of cause only in the direction of the main trend. So that is what I did today. I closed everything after the first two hours of the London session, because at this time some chaos sometimes happen.

I think that most of this year has been poor in nice long trends. One way to make money anyway is to get in early and ride the trend as soon as possible. One problem can then be the exit. You might not have strong bars to guide you at these early RSIOMA signals. I have some ideas for exit that I will be investigating.
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MetaTrader 4 - so many advantages.
  • #1,778
  • May 11, 2026 5:44am May 11, 2026 5:44am
Try looking for the green candle that forms after the first consolidation phase within the minor trend following the start of the major trend. This is usually indicated by a dot, but it isn’t essential. The consolidation itself is sufficient. Ideally, use the M15 timeframe.
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  • #1,779
  • May 11, 2026 7:10am May 11, 2026 7:10am
Quoting ozkanim
Try looking for the green candle that forms after the first consolidation phase within the minor trend following the start of the major trend. This is usually indicated by a dot, but it isn’t essential. The consolidation itself is sufficient. Ideally, use the M15 timeframe. {image}
Yes, these are important bounces! Mostly profitable.

And that is how it is with this strategy made by Walvekarraje. It has several brilliant features that lift the original Guppy indicator - made by mr. Guppy - into a fantastic tool.
MetaTrader 4 - so many advantages.
  • #1,780
  • May 11, 2026 8:17am May 11, 2026 8:17am
Did you understand the method I used, friends?
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walvekarraje