GMMA-Guppy Multiple Moving Averages Amibroker AFL
Guppy Multiple Moving Averages is one of the best simple indicator to find out the strength of the trend. Renowned Trader Daryl Guppy has advised to plot two sets of moving averages on the chart and view their relationship to assess the strength of the trend. These two sets of moving averages are segregated into fast moving averages and slow-moving averages. When the fast moving averages are above the slow-moving averages and clearly far apart from each other then the trend is strongly bullish. Same is the case in bearish scenario when the fast moving averages are below the slow-moving averages and far apart then the trend is strongly bearish. When the fast and slow moving averages are intermingling with each other then the trend is in a sideways mode. Therefore the GMMA the acronym for Guppy multiple moving averages prove to be a very good indicator when it comes to analyse the strength of the trend.
View the chart before downloading by clicking the image below.
You May Like To Read This: Top 10 Amibroker AFL
|
Guppy Multiple Moving Averages Amibroker AFL |
You may download the GMMA AFL by clicking the link below.
Download Guppy Multiple Moving Averages Amibroker AFL
Required US Government Disclaimer & CTFC Rule 4.41
Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.
No comments:
Post a Comment