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  • Comentarios (6)
  • Discusión (4)

Guppy GMMA Cross Arrows Indicator

This indicator is based on Guppy's GMMA Strategy. And shows arrows when GMMA lines cross up or down.

To have this indicator and get alerts for Multiple Timeframes and multiple Pairs you can check out the demo of this GMMA Trend Scanner indicator:

https://www.mql5.com/en/market/product/38747


About GMMA In Brief:

GMMA attempts to identify trends by combining two groups of moving averages with differing time periods:

The long-term EMAs (30, 35, 40, 45, 50, and 60) the behaviors of investors that have taken a long-term approach to a given market. The short-term EMAs represent traders (3, 5, 8, 10, 12, and 18) who are attempting to capture short-term profits.

As you can see in the screenshots, blue lines are the short-term EMAs and red lines are long-term. So, buy when all of the blue lines cross above all of the red lines, and sell when the blue lines cross below the red lines. Right after a cross usually the red EMAs consolidate (get closer) and price has a slight reversal. Best time to buy is when the red EMAs start separating and price starts back again towards the trend using Count Back Line approach. 

More about GMMA:

http://www.guppytraders.com/gup329.shtml


About Indicator:

When all short term MAs cross all long term MAs from down to above, the up arrow is shown.

Same way when all short MAs cross below long MAs, then down arrow is shown.

It also shows all GMMA trend lines and all values are available in buffers.


About Settings:

- ListShortMA = "3,5,8,10,12,15" A comma separated list of all short term MAs

- ListLongMA = "30,35,40,45,50,60" A comma separated list of all long term MAs

- MaxPastBars = 500 Maximum previous bars for which to calculate the Arrows

- ShowGMMALines = true Whether or not to show the GMMA Trend lines. If false then only arrows are shown

- ShowAlerts = true Show Alert when GMMA Cross occurs


How to Use:

Use this indicator in conjunction with Support/Resistance, Pivot points or other validation indicators.

Once a GMMA cross happens, be sure to check the overall trend and make sure that the market isn't ranging.

Because in flat market a lot of crosses happen. In trending market when GMMA crosses upwards it is a probable BUY signal.

And if it crosses downwards, it is a probable SELL signal. Once cross happens, wait for short term MAs to start fanning out.

Also wait for Short term and long terms MAs to separate out further before making a trade.

This is best used with higher timeframes. Not good for scalping or trading on very small timeframes.

Comentarios 6
John Reagan
22
John Reagan 2020.11.19 16:22 
 

A nice tool to add to the toolbox.

Valentin Butorin
3851
Valentin Butorin 2020.10.18 14:15 
 

Not bad

Csaba Jónás
68
Csaba Jónás 2020.09.25 09:26 
 

Es genial, muy bunen indicador!

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Forex Gap Indicator. Many traders have noticed on the chart price gaps, but perhaps few people paid attention to the fact that very often these gaps the price tries to close, returning to the place of the beginning of the gap. This indicator will notify you about the gap on any pair on which you set it. The indicator shows a vertical line on the time and date of formation of the gap, as well as puts an arrow in the direction of closing the gap. Since the gap should be closed, it is recommended
30 USD
Acc PriceBalance
Vasyl Calko
A new development created to facilitate trading . The indicator can be configured both for trend and counter-trend trading. The Acc PriceBalance helps to find new entry points or filter out the existing signals. Multiple signal types can be observed on the indicator the histogram exceeding the signal lines the signal lines exceeding the histogram change in the histogram color If the top of the histogram is pink, then there is a bullish trend in the market If the bottom of the histogram is pink
29 USD
Ticks Line Chart
Evgeny Belyaev
Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible ind
32 USD
Advanced Currency Strength28 Indicator
Bernhard Schweigert
Este indicador es una herramienta comercial exclusiva, de alta calidad y asequible porque hemos incorporado una serie de características propias y una nueva fórmula. ¡Con solo un gráfico, puedes ver la Fortaleza Monetaria de los 28 pares de Forex! Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento. Manual de usuario: Clic aquí LO ESPECIAL Las flechas en la sub-ventana para mostrar el impulso de moneda fuerte y el
148 USD
VolumeWPR
Stanislav Korotky
The indicator calculates WPR formula on volume-aware indicators  Accumulation/Distribution , OnBalance Volume , or Price Volume Trend . WPR range is moved into positive domain [0..1] for convenience. Parameters WPR - period of WPR, by default 24; Base - type of the underlying indicator: AccumulationDistribution (by default), OnBalanceVolume, or PriceVolumeTrend; Price - applied price type for OBV and PVT, by default - Close; it's ignored in case of AD; Screenshots On the screenshots below th
12.50 USD
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BTbgi
64
BTbgi 2019.11.01 13:14 
 

Very nice indicator to compliment other strategies. Very accurate!

Good job

sunnychow
8620
sunnychow 2019.12.29 17:25 
 

El usuario no ha dejado ningún comentario para su valoración

DarknezzGR
239
DarknezzGR 2020.07.05 13:20 
 

very nice and free.. 5 stars

Csaba Jónás
68
Csaba Jónás 2020.09.25 09:26 
 

Es genial, muy bunen indicador!

Valentin Butorin
3851
Valentin Butorin 2020.10.18 14:15 
 

Not bad

John Reagan
22
John Reagan 2020.11.19 16:22 
 

A nice tool to add to the toolbox.

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