The Ultimate Guppy Multiple Moving Average (GMMA) Thread

Not sure if Guppy traders are posting any more but I trade the GMMA on Oanda's 3H and so far so good but too early to see if I have the hang of it. Daryl Guppy's book "Trend Trading" is all about the GMMA & how to use it. And he does not like the RSI & MACD - adds nothing. Approx. 6 mos. ago I tried this strategy on 5M/1M scalping and didn't do well but i hadn't studied Guppy's "bible" and I have never been a good scalper anyway. Hence the 3H. I may also try it on my mt4 setup but the acct. is so far down that I can't place SLs as I would like. Maybe see if I can be successful on the 1H with smaller stops and TPs. Good trading all, p.

Well i cant say im a guppy trader, but i am a moving average trader. I think its the most simple indicator, its very easy to understand the mathematical operation. I think ive learned a lot from the guppy trading, the rainbow thread and Linuxtrolls posts. I dont try to mimic any other trading style, instead i create my own, and i think this is the way to go. Talk, listen, learn, develop, analyze and come up with things bit by bit and try to understand price in a personal manner, thats what i think works.

A couple of months ago i experimented with MAs, trying to come up with some that acts as moving S/R, and after many weeks i found a few that seems to do the trick. Recently i came up with the idea of seeing how those could be made into zones of S/R, like the ones Linuxtroll propopsed in the old Guppy thread. Ive looked at that ichimoku kinko hyo stuff and the idea behind it was to capture zones of S/R, but i wasnt able to make it work. Instead i just made S/R zones from the old MAs i discovered months ago. As it turned out they arent the ones that i have seen anyone else use, and i think thats a good thing, i think everybody needs to find their way somehow, seems a bit prophetic but i cant see how it would otherwise work out.

So as Linuxtroll was saying in the old thread, it would seem the same MAs can be applied pretty much on any timeframe, since its more a way of thinking about price then anything else.

Generally i just try to look for a trend, when fast a slow group align, and when that happens im on my toes. And then when trend reverses i wait one candle and then i enter if price is inside a S/R zone. When this happens price overshoots the reverse in 95% of all cases and there is room for some pretty safe profits. It would seem its basically not more difficult then that.

Not sure I understand: are the MAs the S/R zones or do you use the more traditional way? And what TF, my 3H would take more than one candle for reversing. Thanks for adding to the knowledge base, p.

I use both traditionl S/R levels, easily spotted historically on high timeframes. S/R zones are the sort Linuxtroll and Guppy MAs are, so the MAs are to moving zones, chasing price, tugging and pulling at it as it moves along. Im trading M1, i go where i can calculate the best so thats where i go.

not sure what that means--can you post a screenshot--and feel free to not display the ma period values which i know you worked hard to come up with and should stay proprietary.

Sorry i didnt see your post earlier, but here it goes. I work pretty fast i think so i forget what i did a couple of days ago.

The S/R zones i was refering to is the MAs, they build sort of a "zone", its not well defined, its not exact its just sort of a zone, you dig?

Well in general you are trying to enter as price gets back to the trend. So the tricky thing is to be able to spot the difference between a reversal and just some partial weakening of trend behaviour. You should always consider that other people that is about as smart as you is looking at price, trying to outsmart you.

You can try to enter after you have seen the red mas stretch out, then go into the other colors and try to enter as price is getting out of them, or if you have good reason to you could try to enter while price is still in the MAs. That first place is also a divergence place, so then you know lots of EAs are looking at that divergence of CCI, and they are going to buy right there where the first green arrow is. They only keep their trade for 20 seconds so they need to see some action during that time, if you do this for months and months you might get skille enough to see when exactly that is and try to enter with them.

I have learned to see the difference between EAs doing their thing and dimwitted peoples big business, its not to difficult, some people have so much money they dont really care that much if they win and they enter at stupid places, sometimes 100 miljon of base currency and that makes waves and stuff in price.

But i mean read Linxutrolls stuff, and the rainbow thread and stuff like that, its not super easy to get really good at it, it will probably take you at least several months to get to break even if you dont have knowledge from past events that are very close to this knowledge or maybe if you try meditating or using both sides of your brain at once if can be quicker.

I dont trade this template but i trade this way of thinking. Anyway there is more and less tangible and important MAs and if you are patient you can find them if you go through old data and see what places price has trouble going through, is it due to MAs or due to fixed S/R like dailys and stuff? Well youll have to figure that out, try 100 MAs with some spacing inbetween and remove everyone that doesnt seem to be in the way of price. That process took me about 1 month to find pretty good ones.

There is also S/R that is not MAs and not fixed level S/R, this is EAs buying and selling like crazy, trying to hit tops and bottoms, going anti-trend all the time. You should try to take advantage of that if you trade fast. In the big picture that kind of S/R doesnt really exist, or works in a different manner i should say.

In the beginning i would recommend using maybe 3 positions demo, dont worry about SL in the beginning, place it really safe like 50 pips, and just try to make some profit and dont worry about the losses. When you get some profit you go back and try to see what you did and repeat that. When you get good at this is when you can use one position with about double or tripple SL compared to TP. I have fixed TP but most of the time i close before that, when im safe and sound. Also get scripts, Forexcube has posted all you need a while ago. I couldnt trade without them since i have about 10 seconds to get in good on a deal before the EAs swarm the place.

A thing like a CCI isnt a one way street, its pretty complicated to learn to read it, i mean if its increasing, you DONT want to sell, if its decreasing you DONT want to buy, you need to see that it stops and goes towards 0 most of the time before you enter.

When price moves one way withouth much in the way people are agreeing what to do right? Well you can indicate that in advance and when its happening if you use all you got between your shoulders. Happy pipping anyway, its holiday today i wasnt even supposed to be working.

Hey simpletrades - if you want the definitive explanations of GMMA then buy Daryl Guppy's "Trend Trading." It is devoted to MMAs and how they act and interact. I got mine through Amazon and for less than what Wiley Press charges. The examples, and there are many, are longer term - day, weekly, etc. but the analysis and chart notations really can be applied to any TF. I started out on the 3H but have been doing more scalping lately. Also Google his name, lots of stuff there but make sure you winnow out what others say and just pay attention to Mr. Guppy. It is a good strategy once reading the MAs are down pat. p.

I dont think i would recommend that book if you trade M1. I am very hesitant to books like that, i never read any of em and im OK. I trust what i can see and verify and calculate, that always works in the end.

I sometimes trade the 3H but mostly the 5M & 1M. The book can add much background and groundwork for successfully trading MMAs. p

this thread is now dead. good bye.

Still live

Multiple Moving Average l think is about pure price action but the people not know how to use it correctly. Actually l will work with Multiple Moving Average to study the time accumulation. I never see in my life a person that uses multiple mathematical factors to study the price you should be like a achieved or genius guy.

Guppy makes it clear that you can trade his system short term and long, but he has some very distinctive criteria of how you changed things for each one. Furthermore, he goes into much detail of a set list of things that need to be met before making a trade. You just can't take pieces of is work and apply them. Why the negativity, I thought this was about helping people and sharing.