The Guppy Multiple Moving Average

kenneth

Well-Known Member
#41
Guppy Buys
Ticker Date/Time Full name TL Close Prev High ADX Change% Vol
ADLABSFILM 15/02/07 470.58 482.50 466.80 26.36 4.99 325572
APIL 15/02/07 493.50 504.15 495.00 32.56 4.24 335344
ASIANPAINT 15/02/07 783.50 789.25 785.00 30.83 1.42 18317
CIPLA 15/02/07 249.20 256.65 246.80 21.60 5.18 1030747
CREWBOS 15/02/07 256.40 273.60 254.00 22.98 9.92 442250
CUMMINSIND 15/02/07 285.58 292.70 279.90 14.97 5.78 356759
DABUR 15/02/07 102.25 105.00 101.90 18.75 3.91 802201
EKC 15/02/07 767.50 810.35 776.00 24.38 6.15 152448
ESSAROIL 15/02/07 58.75 62.00 56.80 24.47 10.62 3988180
EXIDEIND 15/02/07 46.50 47.45 44.80 34.69 7.84 1106732
GAMMONIND 15/02/07 368.35 381.10 370.00 18.36 3.86 145236
GITANJALI 15/02/07 GITANJALI GEMS LIMITED 228.38 244.75 228.50 25.66 8.03 1587041
GPIL 15/02/07 GODAWARI POW & ISP LTD 101.63 107.20 99.00 34.03 10.01 134291
HEROHONDA 15/02/07 728.50 745.50 719.80 20.49 4.77 225338
HEXAWARE 15/02/07 173.07 174.40 170.80 23.58 2.98 487668
IDFC 15/02/07 100.28 104.00 96.80 33.50 9.19 16255940
LT 15/02/07 1674.95 1695.20 1624.00 35.44 5.03 843805
TITAN 15/02/07 968.85 1004.25 959.55 23.32 5.42 305817
UNIONBANK 15/02/07 107.18 109.10 107.80 47.91 3.31 618142
 
#43
How to identify trends and trading ranges using the Guppy Multiple Moving Average

The Guppy Multiple Moving Average (GMMA) indicator tool is based on the relationships between groups of moving averages. Each group of averages in the GMMA provides insight into the behavior of the two dominant groups in the market - traders and investors. The indicator allows the trader to understand the market relationships shown in the chart and so select the most appropriate trading methodology and the best tools. The GMMA is designed to understand the nature of trend activity on an end of day, or intraday basis.

The inferred activity of traders is tracked by using a group of short term moving averages. The traders always lead the change in trend. Their buying pushes up prices in anticipation of a trend change. Their activity is shown by a 3, 5, 8, 10, 12 and 15 day group of exponentially calculated moving averages.

The trend survives only if other buyers also come into the market. Strong trends are supported by long term investors. The investor takes more time to recognize the change in a trend but he always follows the lead set by traders. We track the investors' inferred activity by using a group of long term moving averages. This group is 30, 35, 40, 45, 50 and 60 day exponentially calculated moving averages.

Metastock Formula:

Guppy's MMA Long Term (Colour RED)

Mov(C,30,E);Mov(C,35,E);Mov(C,40,E);
Mov(C,45,E);Mov(C,50,E);Mov(C,60,E)

Guppy's MMA Short Trem (Colour BLUE)

Mov(C,3,E);Mov(C,5,E);Mov(C,7,E);
Mov(C,10,E);Mov(C,12,E);Mov(C,15,E);

Well if you want me to procede further with this trading lesson discussion, I would want you all to post your favourite security with the following two indicators overlaid on it along with your comments.
i use spider ace software can you please tell me how to use this into it
 
#46
Guys, the Guppy system does not just limit anyone to those MAs. You can tweak it for various timeframes, and I have done that for a while. I use it against QQQ for many years, and it has given me great results, whenever I have traded it. Lately, I do not have the time to trade (due to job), but for the most part Guppy is the SIMPLEST and the BEST trading system that eliminates the confusion of 'multi-interpretation' that comes with STOC, MACD, RSI, MA, BBs, CCIs, VMA etc. Here it is bands folding over one another.

This was made very popular for many years on the stockcharts.com site by a few followers and they still swear by this method.

Thanks for opening this posting, and thanks to one of your loyal readers for bringing it to my attention.

KKP
 
#48
Dear All,

I am amazed by seeing the wonder of MMA. This is really simple, straight-forward and possibly oldest also.

I am new to all this TA and student of market via Tradeji.com :clapping:
 

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