The Guppy Multiple Moving Average (GMMA) is a technical indicator that identifies changing trends, breakouts, and trading opportunities in the price of an asset by combining two groups of moving averages (MA) with different time periods.
The GMMA consists of a short-term group of MAs and a long-term group of MAs, both containing six MAs, for a total of 12, and is overlaid on the price chart of an asset.
The short-term MAs are typically set at 3, 5, 8, 10, 12, and 15 periods.
The longer-term MAs are typically set at 30, 35, 40, 45, 50, and 60.
When the short-term group of averages moves above the longer-term group, it indicates a price uptrend in the asset could be emerging.
Conversely, when the short-term group falls below the longer-term group of MAs, a price downtrend in the asset could be starting.

mrtools wrote: Wed Jul 21, 2021 4:54 am Any possible repainting should be fixed in this version and added mtf. For those not familiar with this indicator the coloring is based on 3 ma slope on the fast ma.

Banzai wrote: Thu Oct 21, 2021 5:07 pm GMMA (RSI level)



If RSI level is greater than or equal 50, then draw the GMMA in green color.
Vice versa.
If RSI level is less than 50, then draw the GMMA in red color.

arobin wrote: Thu Oct 21, 2021 5:16 pm Dear Mr. Tools,

I hope I am not taking too much of your time. Could you please change this indicator's lower MTF function with a normal higher MTF & interpolation?

Regards,
Robin