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Re: Moving Averages indicator(s) - cTrader

Tsar, Fri Mar 09, 2018 8:57 pm

GMMA (Guppy Multiple Moving Average)


The GMMA (Guppy Multiple Moving Average) indicator used in Technical Analysis to Identify changing Trends.

The technique consists of combining Two groups of Moving Averages with differing Time Periods.

One set of Moving Averages in the Guppy multiple moving average (GMMA) has a relatively brief time frame and is used to determine the activity of Short-term traders. The number of days used in the set of Short-term averages is usually 3, 5, 8, 10, 12 or 15.

The Other group of averages is created with extended time periods and is used to gauge the activity of Long-term investors. The Long-term averages usually use periods of 30, 35, 40, 45, 50 or 60 days.
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