7 April 2021
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THE Guppy Multiple Moving Average
The Guppy Multiple Moving Average (GMMA) is a technical indicator that identifies changing trends, breakouts, and trading opportunities in the price action of an asset by combining two groups of moving averages (MA) with different time periods. It was developed by an Australian trader, Daryl Guppy.
Remember Price Action are not moving in a straight line, but it is moving in a zigzag manner.
Guppy Multiple Moving Average, GMMA is a great visual tool for observing trend.
Guppy Daryl just like many professional traders came out with the strategy base on his experience or observation.
He has published many books on GMMA. Check them out for more.
Moses Free Stock Charting
Free Moses Power Stock Charting
Official AmiBrokerAcademy.com Charting
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.
We learn from many past and present great traders. Kudo to these master.