|
|
|
Guppy Multiple Moving AverAge,GMMA
 |
|
|

Apr 29, 2007 8:14am
|
 |
Member
|
|
|
|
Guppy Multiple Moving AverAge,GMMA
I think most of you have heard this system.
The system is consisted of 2 EMA groups.
Short term and long term.
K1:EMA(C,3),COLORBLUE;
K2:EMA(C,5) ,COLORBLUE;
K3:EMA(C,8) ,COLORBLUE;
K4:EMA(C,10) ,COLORBLUE;
K5:EMA(C,12) ,COLORBLUE;
K6:EMA(C,15) ,COLORBLUE;
K7:EMA(C,30) ,COLORYELLOW;
K8:EMA(C,35) ,COLORYELLOW;
K9:EMA(C,40) ,COLORYELLOW;
K10:EMA(C,45) ,COLORYELLOW;
K11:EMA(C,50) ,COLORYELLOW;
K12:EMA(C,60) ,COLORYELLOW;
I'm afraid that my English is too poor to relate all the system.
pls see the fig
http://bbs.fudan.edu.cn/upload/PIC/1...6100317562.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175616.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175623.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175636.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175652.jpg
|

Apr 29, 2007 8:19am
|
 |
Member
|
|
|
|
Great work, the Guppy is a good tool
__________________
"My Girlfriend was feeling neglected and gave me an option.... her or the forex. Boy do I miss her"
|

Apr 29, 2007 10:05pm
|
 |
sycophant
|
|
|
|
I have been using GMMA on a 1-min chart for some time now, though I have altered the system. My template has the following settings:
Short-term
3 (green)
5 (green)
8 (green)
10 (green)
12 (green)
15 (yellow)
Long-term
30 (aqua)
35 (red)
40 (red)
45 (red)
50 (red)
55 (aqua)
Trend
200 (brown, dashed)
When the two groups of MMAs part, you have an entry signal. You can tell when this has occurred by watching for a gap between the yellow and aqua EMAs.
The best entries are given when the long-term (red) group is already aligned in a perfect order behind the trend indicated by the short-term (green) group. Sloppy crosses result in sloppy trades.
There are a few of things you need to pay attention to with this implementation of guppy:
1. Avoid trading against the 200 EMA. (I don't like trading against the multi-day trend, either.)
2. Don't take shaky crosses. You want the candle to be moving above or below the greens with authority.
3. The best crosses occur at a sharp angle against the reds.
4. Do not take a cross if the reds are still pointing the other way. When the reds tighten and start to flip over, you're ok.
5. Sometimes it is better to wait for a pullback to confirm the validity of the move. When you get a candle closing at its high or low in the direction of the move, you can enter.
Here is a pictorial example. I have also attached my template.

__________________
There's more to life than pips, you know, but not much more.
|

Apr 30, 2007 7:43am
|
 |
Member
|
|
|
|
Quote:
Originally Posted by Shanghai
I think most of you have heard this system.
The system is consisted of 2 EMA groups.
Short term and long term.
K1:EMA(C,3),COLORBLUE;
K2:EMA(C,5) ,COLORBLUE;
K3:EMA(C,8) ,COLORBLUE;
K4:EMA(C,10) ,COLORBLUE;
K5:EMA(C,12) ,COLORBLUE;
K6:EMA(C,15) ,COLORBLUE;
K7:EMA(C,30) ,COLORYELLOW;
K8:EMA(C,35) ,COLORYELLOW;
K9:EMA(C,40) ,COLORYELLOW;
K10:EMA(C,45) ,COLORYELLOW;
K11:EMA(C,50) ,COLORYELLOW;
K12:EMA(C,60) ,COLORYELLOW;
I'm afraid that my English is too poor to relate all the system.
pls see the fig
http://bbs.fudan.edu.cn/upload/PIC/1...6100317562.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175616.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175623.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175636.jpg
http://bbs.fudan.edu.cn/upload/PIC/1...1003175652.jpg
|
Greetings a beauty! My English precisely is poorer{grow poor} than yours, but I think it will not prevent to understand to us each other!
|

May 26, 2007 9:16pm
|
 |
Member
|
|
|
|
I am surpised more have not attached themsevles to this system.
It gives a great visual to what the market is doing and the explaination makes it all come together.
There is at least one individual I am aware of that has perfected this to his own understanding.
Check it out. It works.
Stan
Quote:
Originally Posted by lever70
I have been using GMMA on a 1-min chart for some time now, though I have altered the system. My template has the following settings:
Short-term
3 (green)
5 (green)
8 (green)
10 (green)
12 (green)
15 (yellow)
Long-term
30 (aqua)
35 (red)
40 (red)
45 (red)
50 (red)
55 (aqua)
Trend
200 (brown, dashed)
When the two groups of MMAs part, you have an entry signal. You can tell when this has occurred by watching for a gap between the yellow and aqua EMAs.
The best entries are given when the long-term (red) group is already aligned in a perfect order behind the trend indicated by the short-term (green) group. Sloppy crosses result in sloppy trades.
There are a few of things you need to pay attention to with this implementation of guppy:
1. Avoid trading against the 200 EMA. (I don't like trading against the multi-day trend, either.)
2. Don't take shaky crosses. You want the candle to be moving above or below the greens with authority.
3. The best crosses occur at a sharp angle against the reds.
4. Do not take a cross if the reds are still pointing the other way. When the reds tighten and start to flip over, you're ok.
5. Sometimes it is better to wait for a pullback to confirm the validity of the move. When you get a candle closing at its high or low in the direction of the move, you can enter.
Here is a pictorial example. I have also attached my template.

|
__________________
Anyone can win. Losers can win, but what makes a winner is the person that has learned how to lose.
|

May 27, 2007 9:56am
|
 |
Nobody™
|
|
|
|
Quote:
Originally Posted by Stan
I am surpised more have not attached themsevles to this system.
It gives a great visual to what the market is doing and the explaination makes it all come together.
There is at least one individual I am aware of that has perfected this to his own understanding.
Check it out. It works.
Stan
|
Also, search for linuxtroll's posts for his "rainbow" method. It is basically every MA from a period of ~5 to ~250, and bands of MAs are colored like a rainbow. The spacing between each MA can vary depending on how much you want the MA ribbon to cover up the price bars; I think he used a spacing of 3 at one time, and now uses a spacing of 5. A spacing of 10 works fine as well. It creates some wild looking charts from which he has been pretty successful at scalping pips.
__________________
There are thousands of different ways you can make money in Forex... however, there are millions of different ways you can lose money in Forex.
|

May 27, 2007 12:19pm
|
|
|
Quote:
Originally Posted by Stan
I am surpised more have not attached themsevles to this system.
It gives a great visual to what the market is doing and the explaination makes it all come together.
There is at least one individual I am aware of that has perfected this to his own understanding.
Check it out. It works.
Stan
|
Please can you answer a few questions?
1. What is your favorable pair
2. What stop loss and TP do you apply?
3. Do you trade during any specific time period?
Thanks
|

May 30, 2007 10:33am
|
 |
Member
|
|
|
|
Quote:
Originally Posted by aelimian
Please can you answer a few questions?
1. What is your favorable pair? The one that is lined up properly.
2. What stop loss and TP do you apply? It depends on the currency
3. Do you trade during any specific time period? When the market is moving sufficiently.
Thanks
|
My answers are in RED next to the questions.
Not trying to be vague, but there often is not a single pat answer.
See what is best and works for you.
Stan
__________________
Anyone can win. Losers can win, but what makes a winner is the person that has learned how to lose.
|

May 30, 2007 10:48am
|
 |
Member
|
|
|
|
Here is a template that puts the rainbow on your chart.
very sexxy
|

May 30, 2007 8:30pm
|
|
|
Quote:
Originally Posted by Stan
My answers are in RED next to the questions.
Not trying to be vague, but there often is not a single pat answer.
See what is best and works for you.
Stan
|
Thank you for the answer. Could you answer with respect to GBPUSD?
|

May 30, 2007 9:14pm
|
 |
Member
|
|
|
|
Quote:
Originally Posted by aelimian
Thank you for the answer. Could you answer with respect to GBPUSD?
|
Originally Posted by aelimian
Please can you answer a few questions?
1. What is your favorable pair? The one that is lined up properly.
2. What stop loss and TP do you apply? It depends on the currency
3. Do you trade during any specific time period? When the market is moving sufficiently.
GBP/USD is a good one to trade with this system.
Question #2 What stop loss and TP do you apply?
Answer: Depends on the time frame you are trading. I like the 1 min. You can do shorter or longer, and the TP would adjust accordingly. Take your time, and do not get in a hurry and study different time frames and see which one is to your liking.
For the 1 min. I can usually expect 3 - 10 pips (multiple lots)
Question #3Do you trade during any specific time period?
The best time period I have found is usually the Europen and the London open through to the US open.
I have done my best trading the first 3-4 hours after the London open.
Study the movements.
__________________
Anyone can win. Losers can win, but what makes a winner is the person that has learned how to lose.
|

May 31, 2007 1:17am
|
 |
sycophant
|
|
|
|
Quote:
Originally Posted by Stan
Originally Posted by aelimian
Please can you answer a few questions?
1. What is your favorable pair? The one that is lined up properly.
2. What stop loss and TP do you apply? It depends on the currency
3. Do you trade during any specific time period? When the market is moving sufficiently.
GBP/USD is a good one to trade with this system.
Question #2 What stop loss and TP do you apply?
Answer: Depends on the time frame you are trading. I like the 1 min. You can do shorter or longer, and the TP would adjust accordingly. Take your time, and do not get in a hurry and study different time frames and see which one is to your liking.
For the 1 min. I can usually expect 3 - 10 pips (multiple lots)
Question #3Do you trade during any specific time period?
The best time period I have found is usually the Europen and the London open through to the US open.
I have done my best trading the first 3-4 hours after the London open.
Study the movements.
|
Great advice, I am of similar mind when trading this system. Proper "jaw" openings, supporteed by the reds and without the 200 EMA in the way, can yield 20+ pips on GBPUSD. That is my preferred pair to trade.
__________________
There's more to life than pips, you know, but not much more.
|

May 31, 2007 1:57am
|
 |
Member
|
|
|
|
Quote:
Originally Posted by lever70
Great advice, I am of similar mind when trading this system. Proper "jaw" openings, supporteed by the reds and without the 200 EMA in the way, can yield 20+ pips on GBPUSD. That is my preferred pair to trade.
|
It is very good indeed with proper patience and discpline.
__________________
Anyone can win. Losers can win, but what makes a winner is the person that has learned how to lose.
|

May 31, 2007 1:30pm
|
 |
~~~~~~~~~
|
|
|
|
Hello, Shanghai!
Quote:
Originally Posted by Shanghai
I think most of you have heard this system.
The system is consisted of 2 EMA groups.
Short term and long term.
|
Thank you for your post and WELCOME!
I had heard of Guppy trading but didn't
really know much about it. Now, after
starting to give it a good look, it seems
like it's very useful!
Also: This is a great place to practice your
English. Don't worry about making mistakes.
(I taught English in Asia for a few years
awhile ago.)
:wave:
FXS
|

May 31, 2007 3:00pm
|
 |
Stochastic pipster
|
|
|
|
i believe this system works best on fast moving pair like GBPUSD or any yen pair... Am i right or wrong ?
It seems pretty interesting and quite simple to use
|
 |
|
|
1 Trader Viewing This Thread (0 are members)
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
|