odinParticipant
Veteran
Dear Friends,
are here some Traders Investors which trade with the Guppy Trading Strategy.
I coded some nice stuff for my self to find good entry point and i think the Guppy Idea is a really
successfull Strategy. So some Guppy Traders here for nice conversation?
Thank s
Marcus
I agree – there are some very high probability set ups possible with the Guppy Trader concept and indicators arrangement. My group found some solid set ups to automate and the strategy we utilize was straightforward to code and implement. What they call the “ants” signals is were anyone looking into this method should focus.
Save reinventing the wheel? Anybody know what is the nearest System we have already have on here to this Guppy Strategy?
We do have a Guppy Indicator …
https://www.prorealcode.com/prorealtime-indicators/guppy-mma-oscillator/
A rough idea would be to test the crossing of the fastest and slowest blue line to test the squeeze. Of course we should already be in a strong uptrend, you can test it easily by testing if the fastest red MA is above the slowest one since X periods.
Personally I think that this Guppy thing has all the disadvantages of any moving average based idea. When the averages are in tune with the market all looks great but when they are not then you are doing the opposite to what you really should be doing. This is typical results from a lagging indicator. One day/month/week/minute you think you should be using a fast average and the next a slow one. IMHO
Guppy looks like a variation on the Alligator Jaws Strategy (lips MA3, teeth MA5, jaws MA8?)
Or variation on the Rainbow Strategy??
What would be interesting (and relatively easy) to test is the Count Back Line trailing stop as defined by Guppy.
If I understand it correctly, to construct the stop loss, we start with the new high, and from there go to the next candle having a lower low. Ignore bar with higher low. Do that three times and you have your stop loss level. Include in the calculation the low of the first bar (with the new high) and also any gaps.
Graphical explanation in the slide 12 of this prez:
https://www.forexfactory.com/attachment.php/70444?attachmentid=70444&d=1196718573
odinParticipant
Veteran
i Trader with the old Guppy model of just two Trader Groups. short term and Long term.
more moving averages give me no better results. i coded for my self a short term Trader squezze indicator which
searches for Trouble in in short term time Frame 🙂
odinParticipant
Veteran
what exactly are the ANTS Method?
This is typical results from a lagging indicator. One day/month/week/minute you think you should be using a fast average and the next a slow one. IMHO
MA rebounds is all you need, if you think of it 😉
what exactly are the ANTS Method?
Did you read the pdf I provided the link to in this post https://www.prorealcode.com/topic/guppy-trader-group/#post-70239
odinParticipant
Veteran
yes i rad it, but i don´t understand the logic what the gmma oscilattor and the ants system have together?
i only use the short term and long term traders. here is my code
a = close
c1 = ExponentialAverage[30](a)
c2 = ExponentialAverage[35](a)
c3 = ExponentialAverage[40](a)
c4 = ExponentialAverage[45](a)
c5 = ExponentialAverage[50](a)
c6 = ExponentialAverage[60](a)
c77 =ExponentialAverage[15](a)
c7 = c1 > c2 and c2 > c3 and c4 > c5 and c5 > c6 and c77 > c1
c8 = Average[50](close*volume) > 3000000
c10 = ExponentialAverage[3](close)
c11 = ExponentialAverage[5](close)
c12 = ExponentialAverage[8](close)
c13 = (c10-c11)*100/c11
c14 = (c11-c12)*100/c12
c18 = (c10-c12)*100/c12
c15 = (c13+c14+c18)/3
c16 = 0 > c15[1] and c15 > c15[1] and c15[2] > c15[1]
c17 = ExponentialAverage[30](close)
c18 = ExponentialAverage[35](close)
c19 = ExponentialAverage[40](close)
c20 = ExponentialAverage[45](close)
c21 = ExponentialAverage[50](close)
c22 = ExponentialAverage[60](close)
c23 = (c17-c18)*100/c18
c24 = (c18-c19)*100/c19
c25 = (c19-c20)*100/c20
c26 = (c20-c21)*100/c21
c27 = (c21-c22)*100/c22
c28 = (c17-c22)*100/c22
c29 = (c23+c24+c25+c26+c27+c28)/6
screener [c7 and c8 and c16] sort by c29 as "long term investors"
MA rebounds is all you need, if you think of it
….and perhaps a lot of money to start out with so as to get through the massive draw down as you keep averaging down when one of the bounces turns out to not be a bounce! 🙂
Yeah or a tighter leash on the dog so you can’t let it run so far ahead, or maybe a different dog altogether, or even no dog at all! 🙂
It’s okay I’m not doing a Verdi55, the dog on long leash was Nicolas comparison to mean reversal! 🙂 Ooops wrong Thread! 🙂
