Guppy Multiple Moving Average

The Guppy Multiple Moving Average(GMMA) indicator is a trending technical indicator which identifies both long-term and short-term trend directions using multiple moving average lines.

This indicator plots two sets of moving average lines. One set of moving average lines represents a long-term trend and is colored blue, while another set represents a short-term trend and is colored red.

The GMMA indicator plots six moving average lines for the short-term set and six moving average lines for the long-term set. Short-term moving average lines are 3, 5, 8, 10, 12 and 15-period exponential moving average (EMA). Long-term moving average lines are 30, 35, 40, 45, 50 and 55-period exponential moving average (EMA).


The indicator view in the chart.


The indicator has the following parameters:


Colors

Short Period - color setting for averages with a short period.

Long Period - color setting for averages with a long period.

Short Period

Exponential moving average period 1 - set the period of the short moving average 1.

Exponential moving average period 2 - set the period of the short moving average 2.

Exponential moving average period 3 - set the period of the short moving average 3.

Exponential moving average period 4 - set the period of the short moving average 4.

Exponential moving average period 5 - set the period of the short moving average 5.

Exponential moving average period 6 - set the period of the short moving average 6.

Long Period

Exponential moving average period 1 - set the period of the long moving average 1.

Exponential moving average period 2 - set the period of the long moving average 2.

Exponential moving average period 3 - set the period of the long moving average 3.

Exponential moving average period 4 - set the period of the long moving average 4.

Exponential moving average period 5 - set the period of the long moving average 5.

Exponential moving average period 6 - set the period of the long moving average 6.

Common

Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

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