Guppy Line with Dolly Strategy

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Guppy Line with Dolly Strategy

Pair Recommendation
EUR/USD, USD/CHF, GBP/USD & USD/JPY
To set pending order normally waiting graph start new day.

BUY
  1. GMACD - main trend H4 & D1 (for Major Trend) - GREEN colour (Up Trend)
  2. Guppy Line - Make sure Blue Line Above Red Line
Place Buy Order
- Instant Order : Place Buy Stop-1 Price OR in Blue Area before Buy Stop-1 TP
- Pending Order : Place Price Buy Stop-1, TP @ Buy Stop-1 TP, SL @ Buy Stop-1 SL

SELL
  1. GMACD - main trend H4 & D1 (for Major Trend) - RED colour (Down Trend)
  2. Guppy Line - Make sure Blue Line Below Red Line
Place Sell Order
- Instant Order : Place Sell Stop-1 Price OR in Red Area before Sell Stop-1 TP
- Pending Order : Place Price Sell Stop-1, TP @ Sell Stop-1 TP, SL @ Sell Stop-1 SL

Guppy Line (MA with Colour)
The cross of the lines is the trading signal with the orange and light blue lines being the 2 fastest - to get an early signal wait for the orange line to cross the light blue and the signal is confirmed when all the orange & red lines cross & pass right thru the light blue & blue lines

Using Fibo Lines
BUY
Place Buy Stop @ Fibo 100% + Pair Spread
1. SET TP @ 5 pip or 0.000 (use trailing for more performance)
2. SET SL @ 100% price - 20 or 30 pip

SELL
Place Sell Stop @ Fibo 0% + Pair Spread
1. SET TP @ 5 pip or 0.000 (use trailing for more performance)
2. SET SL @ 0% price + 20 or 30 pip

Tips to optimize the strategy
BUY
1. GMACD - main trend H4 & D1 (for Major Trend) - GREEN color (Up Trend)
2. Guppy Line - Make sure the Yellow,Gold,Orange,Red Below Open Price
3. Set 'BUY LIMIT' @ (SELL STOP-1 Price) - 5 pip
4. Set 'TP' @ 30-60 pip or (BUY STOP-1 Price) or (BUY STOP-1 TP)
5. Set 'S/L' @ (SELL STOP-1 TP) - Spread

SELL
1. GMACD - main trend H4 & D1 (for Major Trend) - RED color (Down Trend)
2. Guppy Line - Make sure the Yellow,Gold,Orange,Red Above Open Price
3. Set 'SELL LIMIT' @ (BUY STOP-1 Price) + 5 pip
4. Set 'TP' @ 30-60 pip or (SELL STOP-1 Price) or (SELL STOP-1 TP)
5. Set 'S/L' @ (BUY STOP-1 TP) + Spread
This indicator is just 1 of your trading tools & is not the "Holy Grail"- if you blindly Enter & Exit just off the signals you are asking for trouble - please use common sense and conformation with other indicators.

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