Guppy Trader Group

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05/17/2018 at 7:33 PM #70727 quote

Vonasi
Moderator

Master

So now I just have to forget about tiny brightly coloured fish and work out how code a strategy based on a bouncing dog on a leash. I’m sure someone mentioned an alligator at some point too? Some of these strategy ideas can be a little confusing! 🙂

GraHal thanked this post

06/03/2018 at 4:57 AM #72094 quote

Pleidian
Participant

Average

G, Day Odin, i actually started my trading journey with Daryl personally a few years ago, he lives down the road and i walked to his house and met him and he sold me one of his books and signed it.

He does also trading on mt4. He trades five pairs, one trade a day and last year averaged 190 pips per trade! Hows that for a score!

P.

06/18/2019 at 1:31 PM #100955 quote

Manuel Aboy
Participant

Average

Hi all,

Any of you tried to code and plot the GMMA TVL line?

http://www.guppytraders.com/gup349.shtml

06/19/2019 at 8:25 AM #101012 quote

Nicolas
Keymaster

Master

As I understand it, the guppy TVL indicator is a sort of trailingstop/breakeven lines that set x% from the Max Favorable Excursion of an order, so it depends of when you make an entry into the market.

Do you have more / better explanation or a script/formula to share with us?

06/19/2019 at 12:12 PM #101041 quote

Manuel Aboy
Participant

Average

Hi,

The TVL line is calculated using just the EMA30 and EMA60. It doenst take in consideration any kind of % to be calculated.

The trend is defined by: If EMA30>EMA60 the trend is up and viceversa.

In a uptrend the entry is defined by a close over the CBL line.

The TVL line is usefull because it helps you to identify if we are in a mid trend entry or in a trend break.

Regards

Manuel

Capture-4.png TVL-line.png
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