ChrisMoody

Guppy EMA's...Great For Breakouts-Trend Based Support/Resistance

FX:AUDUSD   دولار أسترالي/ دولار أمريكي
Guppy EMA Trend Based Indicator Requested by 2use


General RULES

1. If Fast and Slow EMA's are ALL in Uptrend. Fast EMA=Aqua Slow EMA's=Green.

2. If Fast And Slow EMA's are ALL in DownTrend. Fast EMA's=Orange Slow EMA's=Red.

3. If Conditions 1 or 2 = False the Color=Silver.

4. If Down Trend Slow EMA's = Resistance.

5. If Up Trend Slow EMA's = Support.

6. Great Moves Start when Color=Silver, then colors change to Up or Down Trend.

7. Conservative move is to wait for 1st or 2nd Pullback.

التحليلات ذات الصلة

التعليقات

Hello Chris - Is thee a version of this tool with ability to set alerting based on certain conditions such as bearish & bullish crossovers and entering a squeeze? This would truly be helpful if you can help me/us please.
رد
Very good work! I would like to add alerts to trade the retracements during the trend but I'm not a coder. Do you know if it's possible to add a custom alert like this kind?

https://forum.timetotrade.eu/threads/guppy-multiple-moving-average%E2%84%A2-trading-strategy-alerts.577/

Thank you very much !
رد
hi.... nice job sir...... i am checking here the most of time this are working very well.... please tell me how is safe to use this custom indicator, I mean how to predict the right time to folow the signal to go short or up? and also how many pips do you think we can setup the stoploss?
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ChrisMoody radamesbispo
To be completely upfront...I don't use this indicator...it was a request.

However the answer is the same for this indicator as it is with MANY other indicators.

1. Pick a Main Time Frame higher than the one your using. Just a theoretical Example but lets say you were trading off a 60 minute chart. If the Daily chart is trending then wait til there is a pullback on 60 min chart and when the 60 min chart confirms moving in the same direction as Daily chart then enter from there. If you trade off a Daily chart trade in direction of Weekly chart etc.

If the higher time frame isn't trending....You have a lower probability trade.
+1 رد
radamesbispo ChrisMoody
yes agree absolutely... thank so much for your answer and time....
رد
Finally :)
رد
This is terrific. Thanks for all the work you put into this.
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ChrisMoody grahvity
Thanks
رد
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