Guppy's Multi-Moving Average (GMMA) @ Forex Factory

twoblink · #1 Jun 16, 2006 9:03am

GMMA for VT.

Screen Shot included. If you don't know what that is, don't ask me, ask google please.

nitman · #2 Jun 16, 2006 10:34am

Who's Guppy? That's a silly name. Google didn't help.

smjones · #3 Jun 16, 2006 11:07am

Google Daryl Guppy... Just one of the finest traders from Australia that has ever walked the Earth

Quote:

Originally Posted by nitman

Who's Guppy? That's a silly name. Google didn't help.

diminuendo · #4 Jun 16, 2006 12:24pm

Hi all,
From my own, pencil chewing, observations
it seems that when the shorter (blue) Guppy ma's
are concentrated, either on the UP SPIKE of a BULLISH c/stick, or their ALL INSIDE the body of
a similar c/stick. Then this seems to be a strong
indication of a possible up trend.
I use a 4hr chart, and on the USA/JAP, 800 - 1200 GMT c/stick,all the blue Guppies were in the top
half of this stick.
I went Long @114.96
Hi again, I closed trade (Demo Accnt) @ 20.33pm
GMT @115.14. Only 18 pips - but for a late
Friday afternoon trade i'm not complaining.
The weekend starts now!!!!!!!!!
P.s - many thanks Scott, i'll check out Amazon.

smjones · #5 Jun 16, 2006 12:40pm

Hi, diminuendo,

There is an excellent book by Daryl Guppy "Trend Trading" that explains his approach well... I would hold off trading his avgs until you have read this..

thanks much, Scott

Quote:

Originally Posted by diminuendo

Hi all,
From my own, pencil chewing, observations
it seems that when the shorter (blue) Guppy ma's
are concentrated, either on the UP SPIKE of a BULLISH c/stick, or their ALL INSIDE the body of
a similar c/stick. Then this seems to be a strong
indication of a possible up trend.
I use a 4hr chart, and on the USA/JAP, 800 - 1200 GMT c/stick,all the blue Guppies were in the top
half of this stick.
I went Long @114.96

renasdad · #6 Jun 17, 2006 6:01am

I found some stuff on the web explaining the thought process for the GMMA and it makes quite a bit of sense.

linuxtroll · #7 Jun 17, 2006 9:33am

Finally, you guys have discovered Guppy... Guppy and Hulls Multiple Moving Averages work all the time; in all time frames... I am using a fine tuned version for several years... Do a search on Linuxtroll in Oanda and TSD for different screen shots... I also created a rainbow stuff based on this idea...

Try this in M1 or M5 timeframe for scalping:
EMA (weighted close): 25,30,35,40,45,50,55 (Yellow)
EMA (weighted close): 89,99,109,119,129,139,149 (Green)

Works well on other time frames too...

Cheers,

twoblink · #8 Jun 17, 2006 11:22am

Actually, I knew about Guppy and Hull's Moving Average a long time ago.. I just was surprise that most didn't, and so I threw all the indicators up for people to download and use..

There's a guy on one of the forums, that has the prettiest Guppy MMA that I've ever seen. It's very very rainbow..

dolphin412 · #9 Jun 17, 2006 1:20pm

Hi Linuxtroll,

How exactly do you use those MAs to trade? Like, do you only trade in the direction of the MAs, or do you trade when price bounces off the MAs?

Thanks.

twoblink · #10 Jun 17, 2006 2:13pm

dolphin, I highly suggest you use google. There's about a bazillion articles on the Guppy indicator.. The articles go into great details on how to use it.

try something like "GMMA Guppy" in any search engine, you'll get more than you can read..

linuxtroll · #11 Jun 17, 2006 3:17pm

Quote:

Originally Posted by twoblink

Actually, I knew about Guppy and Hull's Moving Average a long time ago.. I just was surprise that most didn't, and so I threw all the indicators up for people to download and use..

There's a guy on one of the forums, that has the prettiest Guppy MMA that I've ever seen. It's very very rainbow..

Who is that guy... Can you provide a link... LoL

linuxtroll · #12 Jun 17, 2006 3:27pm

Quote:

Originally Posted by dolphin412

Hi Linuxtroll,

How exactly do you use those MAs to trade? Like, do you only trade in the direction of the MAs, or do you trade when price bounces off the MAs?

Thanks.

When the Yellow MMA converges -- That is the point where all traders are agreeing on th price... Ideal place to enter -- You need a lot of screen time to identify the ideal entry points...

When two groups separate - You have some good entries too...

You can go counter trend using bubble area trading...

Just trade my setup in M1 or M5 for a month and you will know the entry points clearly... Best tool for scalping as well as swing; and you do not need candles or price -- and use only one timeframe according to your money management (like woodies CCI system)... LoL

Money management is the Key...

Cheers,

dolphin412 · #13 Jun 17, 2006 10:36pm

Quote:

Originally Posted by linuxtroll

You can go counter trend using bubble area trading...

Hi Linuxtroll,

Thanks for your clarification. But what do you mean by "bubble area trading"?

Thanks.

Matsu · #14 Jun 17, 2006 11:52pm

Quote:

Originally Posted by dolphin412

But what do you mean by "bubble area trading"?

Hope this is the right bubble.

Matsu

linuxtroll · #15 Jun 17, 2006 11:56pm

Quote:

Originally Posted by dolphin412

Hi Linuxtroll,

Thanks for your clarification. But what do you mean by "bubble area trading"?

Thanks.

When a rally ends; the yellow group always creates a bubble; where you can trade against the trend (take profit area) or it can be also a new trend developing area...

Yellow is short term traders; Green is long term traders... for high probability trades -- always go with the green group...

Cheers,
--