Guppy MMA for Double Smoothing Ema - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Guppy Multiple Moving Average™

This indicator was developed by Darryl Guppy. It is fully explained in Trend Trading . Capture the inferred behavior of traders and investors using two sets of averages. Use fractal replication to identify significant trend changes from previous points of agreement and disagreement.

Applied to understanding the characteristics of nature and trends. Used to assess the extent and scope of trading activity. Excessive trading activity can derail a stable and strong trend. Trend analysis can more effectively select appropriate trading strategies, such as breakouts, trend continuations, etc. Can be applied to long and short trades. Can be used for intraday trading. Also used for long-term investment style analysis.

Advantages

shortcoming

D Oh is not used as a moving average crossover signal

Coloring Because intermediate values ​​are done automatically, the actual number of parameters is smaller and the indicator should be easy to use.

This version uses double-smoothed EMAs instead of some regular moving averages.

Attachment download

📎 guppy_mma_of_double_smoothed_ema.mq5 (5.18 KB)

Source: MQL5 #16819