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Re: Moving Average indicators for MT4

sylvester21, Wed Sep 27, 2023 1:06 pm

kvak wrote: Sat Mar 26, 2022 2:17 am Guppy Multiple Moving Averages

Hi.
Make this new colored version... Possible show hide short,,long term MA, lines .Colors and width is choosable by menu.....Different button template, now is without bug.
Hi Kvak, I have an idea for this, not sure if this has been coded already. Guppy shows the "music" of the market. The EMA and recently I discovered Mcginley Dynamic, displays trends perfectly well (Combine this with BTMM concept).

My idea is, if it is possible to code a Volatility Band into this Guppy MA? For example, Bollinger bands/ATR Bands/Standard Deviation Bands, Elders Auto Envelopes, etc.
We can see if the Guppy MAs are grouped inside the bands, the market is considered not volatile enough (Either a steady moving trend is in place, or the price is just consolidating). However, once the Guppy MAs are jumping out of the bands one by one, we know typically momentum have came in, or aggressive Stop Hunts are in place.

Example is a pic i post below (i manually added in BB).

Just an idea, maybe you can code something out of it.
Thanks for your effort. Appreciate it.
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