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Guppy Count Back Line Indicator

  • #1
  • First Post: Jul 3, 2008 1:30pm Jul 3, 2008 1:30pm
Please advise where I might obtain this indicator. Thank you.
"Loss and failure are inevitable but misery is optional"
  • #2
  • Jul 3, 2008 2:03pm Jul 3, 2008 2:03pm
I think that metastock well known indicator is same as Heiken Ashi (smoothed) indicator for metatrader
Keep your hands up, and use your pant! - FxMatics
  • #3
  • Jul 3, 2008 6:03pm Jul 3, 2008 6:03pm
...not the same at all. Thanks.
"Loss and failure are inevitable but misery is optional"
  • #4
  • Jul 3, 2008 6:46pm Jul 3, 2008 6:46pm
can you provide some details or is this a solve the mystery kind of project?? It really helps when people provide alot of detail and even some screen shots of what it looks like. With over 5,000 indicators on my computer it is entirely possible that it is called something else. With enough information I may be able to pair it up with something or modify an existing indicator to function properly. And if it doesn't exist someone may be able to create it for you.
  • #5
  • Jul 3, 2008 10:22pm Jul 3, 2008 10:22pm
This page gives a good explanation: http://www.guppytraders.com/gup332.shtml




Quoting magnumfreak
can you provide some details or is this a solve the mystery kind of project?? It really helps when people provide alot of detail and even some screen shots of what it looks like. With over 5,000 indicators on my computer it is entirely possible that it is called something else. With enough information I may be able to pair it up with something or modify an existing indicator to function properly. And if it doesn't exist someone may be able to create it for you.
"Loss and failure are inevitable but misery is optional"
  • #6
  • Nov 13, 2008 1:33am Nov 13, 2008 1:33am
Hi Carmel,

I notice that it has been some time since anyone has posted in this thread... was wondering if you managed to find a CBL MT4 indicator?
  • #7
  • Edited 11:46pm Sep 16, 2015 2:17pm | Edited 11:46pm
Guppy count back line indicator for MT4

Perhaps it's pointless to reply to an old thread, but just in case anybody is ever looking for a Guppy CBL indicator, I've attached one. For explanation, see the attached PDF, the link in post #5, and also here. Admittedly it's a tool used more in trading stocks than forex, for determining trend direction, breakout based entries, and/or as a trailing SL.

I haven't posted the mq4 file because it probably won't compile in build 600 or higher.
Attached File(s)
File Type: ex4 Guppy CBL.ex4   6 KB | 1,535 downloads
File Type: pdf Guppy-CBL.pdf   343 KB | 4,610 downloads
  • #8
  • Nov 16, 2015 9:24pm Nov 16, 2015 9:24pm
.......and its companion, the

Guppy multiple moving average (GMMA)

More info here, in the attached PDF, and of course by using Google.
And some background on the well known Australian trader, author and market commentator Daryl Guppy.

Re the indicator:

You can enter up to 8 MA periods, separated by commas. If you need more, simply attach the indicator multiple times.

MAmode: 0=SMA (simple), 1=EMA (exponential), 2=SMMA (smoothed), 3=LWMA (linear weighted)
MAprice: 0=close, 1=open, 2=high, 3=low, 4=median (H+L)/2, 5=typical (H+L+C)/3, 6=weighted close (H+L+C+C)/4
MAstyle: 0=solid, 1=dash, 2=dot, 3=dash-dot, 4=dash-dot-dot

I haven't posted the mq4 file because it probably won't compile in build 600 or higher.
Attached File(s)
File Type: ex4 GMMA.ex4   24 KB | 1,010 downloads
File Type: pdf Guppy MMA tips and techniques.pdf   132 KB | 4,168 downloads
  • #9
  • Jan 31, 2016 6:13am Jan 31, 2016 6:13am
Quoting hanover
Guppy count back line indicator for MT4 ... I haven't posted the mq4 file because it probably won't compile in build 600 or higher.
I tried this on build 950. It worked on a M5 chart and a D1 but hung on another H4.
  • #10
  • Jan 31, 2016 9:09am Jan 31, 2016 9:09am
Quoting WHRoeder
I tried this on build 950. It worked on a M5 chart and a D1 but hung on another H4.
Thanks for pointing this out. Looks like there's a careless error in the program code.

Hopefully I've fixed it now. Please try the attached version and let me know if you continue to have problems.
Attached File(s)
File Type: ex4 Guppy CBL.ex4   6 KB | 1,305 downloads
  • #11
  • Jan 8, 2018 1:20am Jan 8, 2018 1:20am
Quote
Thanks for pointing this out. Looks like there's a careless error in the program code.

Hopefully I've fixed it now. Please try the attached version and let me know if you continue to have problems.
Attached File
https://cdn-assets.forexfactory.net/...attach/ex4.gif Guppy CBL.ex4 6 KB | 450 downloads

Hi Hanover
Thank you for sharing Guppy count back line indicator for MT4 , it is very useful for me with my manual trading.
Can you posted the mq4 file so I can learn and develop EA from it ?
  • #12
  • Last Post: Edited 1:44pm Jan 8, 2018 1:32am | Edited 1:44pm
Quoting bugkeab
Thank you for sharing Guppy count back line indicator for MT4 , it is very useful for me with my manual trading. Can you posted the mq4 file so I can learn and develop EA from it ?
The MQ4 file is attached below.
However, please note that it was written using MT4 build 509, hence you will need to do this first, if you want it to compile/run without a zillion errors.

I'm not sure that I got Daryl Guppy's formula exactly correct -- the material I referenced was somewhat ambiguous -- but it works well enough for my own purposes. Anyway, please feel welcome to upgrade and/or modify it however you wish.

If you're writing an EA, it's possible that you don't need the MQ4 source code, as you can simply use iCustom() to get the required values from the indicator's data buffers.

[EDIT] I've attached the MQ4 for the GMMA indicator also.
The same applies: it was written using MT4 build 509, hence you will need to do this first, if you want it to compile/run without a zillion errors.
Attached File(s)
File Type: mq4 Guppy CBL.mq4   3 KB | 1,256 downloads
File Type: mq4 GMMA.mq4   8 KB | 891 downloads
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