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tiptoptrade replied Aug 20, 2024My Favourite is m15. I don't trade m5 chart. When you have years of years of experience you don't need to zoom to lower timeframe to see into PAs, you can see almost everything in your current chart.
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 20, 2024you can either download the attched file (HalfLength 100, BandDeviation 2) or go to this link to download from mql market Download the 'CAP Channel Trading' Technical Indicator for MetaTrader 4 in MetaTrader Market (mql5.com)
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024image Feels good to start the day off with positive note
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024Don't have to go to their website instead you have to open mt4 terminal>click Ctrl+T>click Market>serach CAP Channel Trading>Download.
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024i forgot to mention for 1m TP is mid band for 15m TP is the Opposite band. I will update the system instructions
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024Thank you. I wouldn't take this trade if it were in 1m chart. But for 15m it's okay to take trades upon CAP going green and everything align with rules. Allow me to explain the price action mechanics of this trade as it happened in m15 chart. You ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024image Trade in place. m15 chart. will update on outcome
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 19, 2024Trading is a journey you need to ride yourself. For that you need to do your own diligence. Please start backtesting. Don't rely on my answers. you should win 65%+ of trades. However, remember you are targeting MID BAND which is dynamic. What I mean ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 18, 2024Appreciate your input! I use VWAP to gauge the area of consolidation. 21,51 are for super trendy times like bank open hour volumes/news. I know from my price action experience when to not wait for price to reach the MID CAP Band and better close ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 18, 2024You need to download CAP Trading indicator from mql market. It is free. Rafa this reversal system requires manual observation. I wish I could code some sort of signal but then I am not a developer. Please read the system instructions carefully and ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 18, 2024Guppy is very well developed. Thanks to you. I did check your trades on 4h & 1h charts. I have been testing CAP for some time now and it works fine for me. The most important thing is Price do tend to touch and react to its Bands. Which tells you ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 16, 2024Almost a copy to guppy included Cap Channel Trading to emphasis on the reversals.
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 16, 2024one of the challenges of this system is to keep Stop Loss size consistent. Follow this: - Do not trade during news - Do not trade Bank Open hours Say you win 3 trades during asian and gained 4$ where you had around 1$ SL for each. Now if you lose a ...
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 16, 2024Broker link in my bio. Open zero spread account. They have one of the lowest commission rates in the industry for major pairs.
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 16, 2024Can be traded any pair. Make sure the spreads are zero or close to zero. I prefer gold coz there are plenty of opportunities. I believe indicators are not repainting.
Simple Guppy Cap Reversals
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tiptoptrade replied Aug 16, 2024Cap channel trading indicator is free to download from mql market. should work! image
Simple Guppy Cap Reversals