Compact mode
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
Table of content
General Information
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.- TrendGuppy Multiple Moving Average is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly used- StocksThe asset classes Guppy Multiple Moving Average is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Guppy Multiple Moving Average is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Made In 🌍
The country or origin of the trading indicator- 1990SGuppy Multiple Moving Average was developed in 1990S. Trading indicators created during the dot-com boom era
Characteristics
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.- LaggingGuppy Multiple Moving Average is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading community- MediumThe popularity of Guppy Multiple Moving Average among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Facts
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicator- Developed by Australian trader Daryl Guppy
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicator- Sometimes looks like a colorful spaghetti mess on the chart
Application
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.- DailyGuppy Multiple Moving Average is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyGuppy Multiple Moving Average is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Technical Details
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Signal Generation 📊
Describes the methods by which the indicator produces trading signals- CrossoversGuppy Multiple Moving Average generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesGuppy Multiple Moving Average generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicator- PeriodGuppy Multiple Moving Average offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Number Of MAsGuppy Multiple Moving Average offers customization options for Number Of MAs. Enables customization of how many moving averages to use Click to see all.
Usage
For whom 👥
The target audience or user group for the trading indicator- Technical AnalystsGuppy Multiple Moving Average is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersGuppy Multiple Moving Average is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicator- Trend StrengthGuppy Multiple Moving Average is primarily used for Trend Strength. Tools that assess the power and momentum behind a market trend Click to see all.
- Trend ReversalGuppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.
Evaluation
Pros 👍
Advantages of using the trading indicator- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends
- Helps Identify Trend Strength
Cons 👎
Disadvantages or limitations of the trading indicator- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Performance Metrics
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCustomization Score 🔧
A score representing the degree of customization available for the trading indicator- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metrics
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