Simple guppy multi moving average forex system




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Simple guppy multi moving average forex systemSimple Guppy Multi Moving Average Forex System

The trend is your friend with the Guppy Multi Moving Average (GMMA) forex system. The system consists of 5 exponential moving average categories (short-term and long-term) to define the major currency trend. This simple system buys when the short-term EMAs lie above the long-term EMAs. Vice versa, it sells when the short-term EMAs lie below the long-term EMAs. The GMMA works extremely well in a trending enviroment. Some traders rake in hundreds of pips profit per trade on the higher time frames using the GMMA system.

Indicators: RainbowMMA_01, RainbowMMA_02, RainbowMMA_03, RainbowMMA_04, RainbowMMA_05, RainbowMMA_06, RainbowMMA_07, RainbowMMA_08, RainbowMMA_09, RainbowMMA_10, RainbowMMA_11

Preferred time frame(s): Any

Trading sessions: Any

Preferred Currency pairs: Any

Example: EUR/USD 15 Min Chart

As shown in the chart above, all short-term EMAs below the long-term EMAs gives us a sell signal (first trade). All short-term EMAs above the long-term EMAs gives us a buy signal (see trading rules below). Click on the picture to enlarge.

Trading Rules

Yellow EMAs > Orange EMAs > Blue EMAs > Green EMAs > Red EMAs

Yellow EMAs < Orange EMAs < Blue EMAs < Green EMAs < Red EMAs