Have you ever used this indicator as a whole system?

It's called GMMA (Guppy Multiple Moving Average), the setup is as follows...

First 15 MA's are 1 day apart.
From 15 to 41 are 2 days apart.
From 41 to 74 are 3 days apart.
From 74 to 122 are 4 days apart.
Next from 125 to 200 are 5 days apart.

It's grand to identify the trend and have a general feeling about the market. It took a while for me to get used to it, but can't trade without it.



Cheers,

MARCELO.