Guppy Multiple Moving Average - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources

Daryl Guppy's daily strategy is implemented using this indicator.

The system was originally designed for the securities market, but was later modernized for the currency market as well.

suggestion:

However, there are no restrictions on using other currency pairs and time frames.

Records on binary options have a 13th moving average with a period of 200 (implemented in this indicator and represented in blue).

The trading conditions will not be described anymore, since the details are easily found on the Internet, but for lazy people, there are a few links:

suggestion:

Do me a favor, to be precise: I'm just learning programming and don't know much about it, but... if anyone has ideas for indicator improvements, feel free to drop me a line. I'd be interested in trying to implement your idea!

Attachment download

📎 guppy_multiple_moving_averages.mq4 (9.69 KB)

Source: MQL5 #14394

Guppy Multiple Moving Average - Important points before using the MetaTrader 4 script

This page has been supplemented with structured instructions, focusing on the purpose of trading scripts, MT4/MT5 platform compatibility, testing procedures and risk control. Before downloading or deploying, it is recommended to first determine whether it is consistent with your own variety, cycle and account environment.

Suitable for who to use

• Users who want to quickly screen trading scripts and are willing to do simulation verification first.
• People who need to compare MT4/MT5 EAs, indicators, scripts or source code projects.
• Traders who wish to record backtests, parameters and risk boundaries before placing a trade.

Testing and risk control suggestions

• First verify the default parameters in the strategy tester or demo account, and then adjust the symbol, period, spread and trading period one by one.
• Scalping, grid, martin, and high-frequency strategies should focus on observing maximum drawdowns, consecutive losses, slippage, and trading frequency.
• It is not recommended to run any document directly on the real disk. At least observe the simulated disk performance for 2-4 weeks first.

FAQ

Can MT4 and MT5 be used interchangeably?
Usually cannot be used directly. EX4/MQ4 corresponds to MT4, EX5/MQ5 corresponds to MT5, and the source code needs to be compiled in the corresponding MetaEditor.

Is this resource guaranteed to be profitable?
cannot. EAs, indicators and scripts can only be used as trading tools, and the results depend on parameters, market environment, spreads, slippage and risk control.

What else can I continue to watch?
Forex EA download , foreign exchange indicator download , EA evaluation , MQL5 CodeBase .

English Search Notes

This page is also optimized for English search intent around Guppy Multiple Moving Average - MetaTrader 4 script . Related search terms include: trading script, MT4 script, MT5 script. Test any Forex EA, Expert Advisor, MT4/MT5 indicator, script or MQL source code with historical data and a demo account before live trading.