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.

Hey Marcelo,
Cool indicator, could you expound on how you use?

Yes could you please tell us how to read the information on it? I look very nice!

Thanks.

We have this indicator here with the links to websites on how to use this system.

It is really interesting.
Marcelo,
how do you use it?

Good to know that Brazillian Nutter is using the Rainbow... and it is not GMMA... CyroxMMA...

Cheers,

Hi Brazilian Nuttter !!

Could you post your indicator so we can check it out ??

Cheers

I suppose that it's not a separate indicator, but many MAs placed on one chart.

Please attach them to chart as Brazilian Nutter explained and you will get exactly the same result.

MT4 will only allow a custom indicator to plot 8 lines on a chart at once so creating an indicator for this won't work. Instead I created a template for it. I used EMAs in the template. I may try some other MA types later.

Apparently you can't upload .tpl files, so I zipped it up.

Attached Files

CryoxMMA.zip (793 Bytes, 1191 views)

Thanks, Keris!

The big question is how does this work? Could someone explain it to us? Thanks.