Heck I couldn't live without them Blue Guppies!
Quoting diminuendoDislikedI LOVE BLUE GUPPIESIgnored
-soso
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Quoting diminuendoDislikedI LOVE BLUE GUPPIESIgnored
Quoting twoblinkDisliked
What my Guppy indicator looked like during a news report.. grrr...Ignored
Quoting twoblinkDislikedGuppy's multiple moving average numbers vs Alan Hulls:
Guppy's numbers and Hull's number differ..
Guppy uses: 3,5,8,10,12,15 short, 30,35,40,45,50,60 long
Hull uses: 3,5,7,9,11,13 short, 21,24,27,30,33,36 long
So I've attached Hull's numbers here..Ignored
QuoteDislikedThe degree of separation between the two groups of moving averages also makes it more difficult for either of the rallies to successfully change the direction of the trend. The most likely outcome is a weak rally followed by a collapse and continuation of the down trend. This observation keeps the trader, and the investor, out of CSL.
Looking forward we do see a convergence between the short term group of averages and the long term group of averages. Additionally the long term group begins to narrow down, suggesting a developing level of agreement about price and value amongst investors in April and May. In late March the 10 day moving average closes above the 30 day moving average, generating a classic moving average buy signal.
Using the GMMA we ignore this signal and the other GMMA convergence relationships. This decision is based on a more advanced understanding of the relationships revealed by the GMMA and we will examine these strategies in future articles.
Quoting clam61Dislikedhere is the pic and an exerpt from the article. look at decision point A and B.
Both buy signals are created by the convergence of the MAs. A fails and B is good. Just like any other indicator, not perfect. However how is this different than a regular crossover technique, except for the fact that you are using a lot of MAs instead of two or three?
He talks about ignoring a classic buy signal on March 10 in later articles using GMMA. Anyone have more info on this or the article?Ignored