Dollie's Safe Pips Indicator

Yeah, I tend to stick to ST trades, mate. 15m would be the highest I would go, but I like the 5m charts and occasionally even down to the 1m.

I liked PhilNet's 5mIntraday system. There was a lot more to it than met the eye, and it kinda forced one to look for the high-probability trades instead of jumping in every time there was a pull-back, so to speak.
I also like the Cornflower method.....not so much for the 1H charts, but I love to try scalping on the 5m Cornflower, using lever70's 5m MA's.

As for Dollie's system....I didn't really take to it when I first came across it. It seemed too much like hard work, keeping an eye on that middle window and all that was going on in there. However, I came back to it after a while, re-read the whole thread, and decided to try it again. I wasn't having a lot of success with Dollie's new method, so I reverted to the original one, but took the Dynamic Zone from the new one with me. That improved things, but still didn't seem quite "right", somehow. I tried various indicators and discarded them, until, just for a laugh really, I tried adding the Guppy, and was immediately struck at how it gave so much more of a visual indication of where price was likely to be headed. I don't usually like to use a lot of indicators as it only leads to confusion, but this particular combination seems simple to keep one's eye on, somehow.

What I call my "heads-up" of a possible development is the crossing of the green RSI line over the blue MA line in the bottom window. If it then crosses the middle red dotted band as well, it's looking good. I then look at the middle window to see what's happening in there, and if the various indicators look as if they're heading where I think they SHOULD be heading, then it's finger on the button time. Guppy, in combination with Pivot lines, usually shows me quite clearly where my potential entry point is, and the same combination is used for exits as well.

So far, it's come up trumps with only the odd loser, but even then, it's usually down to me not reading the signs properly. Best of luck with it, mate.

Cheers

I have no idea what the triple hull indicator consists of, as Dollie is the master creator of the indicators. I don't have a clue how to make an indicator. I simply follow what she gives all of us. You can go to post #296 and get all the new indicators. Good luck to you and all

I'm glad to see the thread is still going. I recently moved and have had problems getting on FF (my firewall was set too high and I couldn't figure it out.) I have actually been using the 1 min charts recently. I still use the original Dollie RSI, ASH and LSMA settings along with 2 other indicators. I'm going to start posting these tomorrow with some charts.

People think I'm crazy for scalping but I guess it is just my personality. I guess I love the rush I get while being in these trades!!!

Check this little beauty out. Green line crosses blue at the same time as the lsma3 crosses into the orange/blue zone. I got in on the candle at the yellow vertical. Just look at those small candles finding support along the yellow 15ema in Guppy just above the Pivot line, giving a really nice R/R. I have to admit that I didn't expect two very strong candles to appear, but Guppy was saying to me that an upward move was imminent, so in I went. My target was the M3 line, but I thought it would take a bit longer than it did! The outcome of this is a nice 37 pip profit.
Whilst I'm on here, I have to apologize to Dollie for not thanking her for this amazing system. Thank you for sharing this with us, Dollie......it takes one's breath away sometimes!

Hi Eye,

Thanks for your help yesterday, to return the favour, if you put the crossover indicator on the chart and set it to 3335 it gives you the "heads up" points you were talking about yesterday, you then don't need to strain to check the DZ crosses, you can just wait for the arrows on the candles and then when one appears check the DZ and Dollie.

Hope this helps.

This trade required some patience. As you can see, after my last trade, the price started testing the resistance offered by yesterday's high (yellow arrows). So when I saw the green cross the blue in the bottom window, I realized I'd have to wait a little. Price was literally "trapped" between yesterday's high and the M3 line, so it was a case of waiting to see if the YH line would be breached. The first red arrow indicates where I entered the trade, as it opened on the YH line at 2.0289. I have to say that my entry candle plus the previous one didn't fill me with confidence, due to the rather large upper shadows, signifying Bear pressure. Still, Guppy was looking healthy, so I decided to try for R1. Eventually, the Gravestone doji just under R1 got me scrambling to jump ship, but I was a little late in doing so, getting out at 2.0310 for a profit of 18 pips after spread. A nice little trade and another good example of how it pays to use pivots, S/R lines and recognize the subtle messages that the candles are sending out.

Scorpion, thanks for your comments, but I'm not clear which "crossing" indicator you're on about? Can you clarify, if you don't mind?

This is my last one for the day, rounding off a pretty good session. Once again, the green crossed the blue, just as everything was coming together at once in the middle window. I didn't enter right then, as price was down in the LT ma's of Guppy. Perhaps I should have taken it, as yesterday's high was proving to be a solid support. I entered instead at the opening of the next candle which was based on the Guppy ST 15ema. The R1 line was quite close above, but with Guppy ST's spreading the way they were, I thought it was worth waiting to see what happened. Once again, Guppy showed the way, and I finally exited at the spinning top candle for 32 pips, just as the lsma3 was preparing to leave the orange/blue zone.
Dollie, bless you. Mr.Guppy, you're a star.

Yet another beautiful example of this remarkable method/system. Unfortunately, all I could do was keep track of this one, as I was busy with other things, and couldn't give it my full attention.
Once again, the green/blue cross in the lower window provides the heads-up. Everything was looking good in the middle window, and the first yellow arrow indicates where I would have entered. The reason for entering there is the slight widening of the Guppy ST's plus the candle's solid base on the yellow 15ema, not to mention the lsma3's entry into the orange/blue zone. My target would have been R1, but as you can see, by the time it reached there, Guppy was showing real strength, so I probably would have left it to run with my finger on the button ready for anything untoward. As soon as that spinning top appeared just above the R1 line, I would have been out, even though the Guppy remained looking really good. Not long after, the lsma3's exit from orange/blue zone proved that the decision would have been a good one.

Hi eye,

As you say, another nice example, I must admit I tend to forget to look at the CCI these days, the guppy is much more important, I think I will take it off of the indicator window, what are your thoughts.

Does it ever stop you entering a position.

Hi Scorpion.
I've been reading through Dollie's original instructions, and she says that when the CCI6 moves through the zero, it signifies a safe trade. I've also been looking at past charts, and it seems as if CCI6 crosses the zero line in very close proximity to the RSI2. Sometimes lagging, sometimes leading and sometimes right at the same time. Also, Dollie says that she likes to see the CCI6 enter the orange/blue zone, just like the lsma3. Let's face it, she developed this system, and it's been developed still further, and all in all, regardless of whether one stays with the original format, or goes with the modernised format, it's been remarkably accurate at pin-pointing potential trades. After experimenting, I found that adding the DZRSI and the Guppy made it even better for me, so that's the way I went. However, I'm reluctant to take away anything that Dollie found important in her original concept.
I guess, in the end, it's down to the individual, mate. In other words, if it works for you, then go for it.
I don't think the CCI6 by itself has ever influenced my decisions, mate; I just like to see it in there closely mirroring the blue RSI line.
I hope that clarifies the situation for you, mate. Oh, and by the way, I did ask what you meant by a certain "crossover" indicator you mentioned, but you never replied. I'd be grateful if you could clear that up for me, mate.
Cheers

USD/JPY has been pretty good today. I usually just watch Cable, but it just shows, it can pay to keep an eye on at least one other pair. (Or, rather, it can if you're live, which I wasn't. I was just an interested observer, as I was still busy with something else).
The first trade shows a good entry with decent R/R as lsma3 enters the orange/blue zone, and an exit just below the R2 line.
With the second one, the entry would have been ok (green line crossing blue AND red lines almost at once.......lsma3 already in orange/blue zone), but the exit's a bit haphazard really. Was it because of the blue RSI2 and the lsma3 crossing up into the OB zone? Who can say? I'll bet that gap down soon afterwards caused some feathers to fly, though!

Fellow pipsters: I have been studying something lately (as I am always thinking about trading and how to get better) with the HMA color indicator. I don't know if you use it with Dollie's Triple system. Blanca gave it to me and I was noticing something. This is only with the H1 and H4 charts. When the HMA changes color (meaning the direction is going to change), it seems that the trend is going to go on for many candles. So if you get in near the beginning of the move, and can handle the ups and downs, there seems to be a positive trade with a profit target. I am testing this now and wonder if anyone else noticed this. The rules are: It must be a pair that moves a lot, the time of the trend change (color change on HMA) must be at an active time for that pair, and set a profit target of 20-50 pips. I'll test it and report. Am using it at the beginning of the euro session and US.

Is the HMA Color indicator also good for smaller time frames (15mins) or is it repainting and thats why useless?

I have used it on the smaller time frames but as you can guess, it is not as reliable. The rules above still apply but know that you don't have that many time frames within a 4 candle move. I have been trying to stay away from the smaller moves and trading less but for more pips. As always, paper trade for a month or so.

Just and example how a 5min and Dollie system could be combined.

First Dollie will give a signal when Isma enter the zone (between pink and blue line). Then one can go to the 5min chart and wait for a entry signal. That happens at 2.0386 with pullback into the war zone (for those familiar with Phillip 5min intra-day system). Any 5min system can by used (CF or Guppy like Eyevoltage).

Exit when Isma exit the zone or enter the opposite overbought/sold area. In this case 20pips profit.

The next long signal didn't really give an entry signal on the 5min chart. But if one enters long at the opening of the first candle after Isma has entered the zone (another method to enter), 15pips was on the table.

I've had a quick look at this one, mate, and I like it better using the Cornflower 5m chart, using lever70's MA's for that TF. I've noticed that once or twice there isn't a great difference in entry points, but on the other hand, sometimes one would have to wait a while before the opportunity for entry crops up.
Just to confirm. It's just a matter of waiting for the pull-back and then jumping in, right?

How on earth do you get the time to lecture, when your mind's busy making these little schemes up?

Nice one, pal.
Cheers

Woodcrusher: Here is a great example of the 15 min charts and why Dollie's system is so great. This move was at the open of the US stock market. This is why you want to use many indicators, not just one.

Is there anybody there? Knock once for yes...........

I really can't believe that Dollie's excellent "safe pip provider" isn't getting a better response. Posts come in fits and starts, then everything goes quiet again. My particular method of using Dollie's system continues to come up with opportunities on all TF's, but my favourite is the 5m one, especially when it comes up with one like this from this morning.
The DZ gave the first indication at the same time as the RSI2/CCI6 was crossing the zero line. I've found that on short trades, the lsma3 is habitually late in giving an entry signal, so I've switched my attention to the CCI6, which, when it's in the orange/blue zone, gives an earlier entry point. However, I preferred to wait for the Pivot Point to be breached, and the first yellow arrow shows my eventual entry. A lovely Guppy cross and spread of MA's gave me further encouragement and price just dropped like a stone. My exit was prompted by the simultaneous cross of CCI6 and lsma3 out of the orange/blue zone. 55 pips can't be bad for less than half-an-hour's work, can it?

I didn't actually trade this one, as I was busy elsewhere, but I probably wouldn't have traded it, anyway. Still, I thought I'd post it, as it's a good example of a "bucking the trend" sort of trade. Really, I suppose it's a high-risk trade, and not something I would recommend. However, each to his own.
There was a good signal from the DZ just after a nice downward move. Entry, as shown, would have been above the S2 line, as the CCI6 crossed the zero line into the orange/blue zone. A gradual climb ensued until price peaked just inside the Guppy ST MA's before starting to fall again. Exit would have been as marked at the second yellow arrow, just as the CCI6 was leaving the orange/blue zone, and RSI2 was starting to drop from an OB position. A possible 34 pips for less than an hour of one's time, but as I said, trading against the trend can be very high-risk.

Hey eyevoltage: I am always looking at the board several times a day, hoping that it doesn't die. but as I said before, I am trying to change my trading ways to the longer time frames. It's hard after a few years of scalping. Good luck and many pips to you eye and those that can do it but I have to change for me. Here is one that I can't believe I missed twice. This system is great if you do it. This is almost 300 pips. Triple hull told us it was coming, we got flat macd's right before the move and then the adx was good on the last move. What more do we want?