On request, here is my version of the Guppy GMMA Oscillator (and SuperGuppy Oscillator) to match with my Guppy and Super Guppy indicators.
Description: The Guppy Multiple Moving Average (GMMA) is a technical indicator that displays two sets of moving averages. The first set contains six exponential moving averages that use faster periods to monitor the trading activity of short-term traders. The second set contains six exponential moving averages that use slower periods to monitor the trading activity of long-term investors.
The GMMA Oscillator is a technical indicator developed by Leon Wilson. The oscillator line, which percentage difference between the Fast and Slow GMMA sets. The second line is the signal line and it is simply the exponential moving average of the oscillator line.
As with many trend following indicators, a bullish signal occurs when the oscillator line crosses above the signal line and a bearish signal when the oscillator line crosses below the signal line.
Options: Select between Guppy MMA or SuperGuppy MMA calculated Oscillator.
Option to apply smoothing to the Oscillator line (recommendation 3)
Option to change Signal line period length
Option to use Anchor Time frame to match the Guppy or SuperGuppy chart
Option to show coloured Bullish/Bearish trading Zones
Crossover alerts are also generated to be picked up by the TradingView's Alarm Sub-system.
sir very very thanks for your indicator sir want to know that when grey lines occur we have to exit the position ?... and sir 15 min time frame will work on this indicator. if not then which time frame is best for this indicator
mbeaz57776
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@ramsita1, I would keep eye on candles... if it gets smaller smaller is good time get out..thats what I do before sudden reversals
mbeaz57776
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I m beginning to love this GMMA it really helps pinpoint when get in and out trades forex and even stocks..even one minute or 15 min no matter what !! love this along with other indicators like moving averages...gives me a big advantage ... thanks bunches
DayTradingOil
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Is this code available for MT4?
JustUncleL
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@oahutradingprofit, Pinescript cannot be directly imported into MT4 and I don't code for the MT4 platform. But I'm sure there would be a version of this indicator out in the MT4 libraries somewhere.
snchun
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I found that the two moving averages of GMMA Oscillator v1 by JustUncleL are 99% of the same length as the fast and slow lines of MACD (12/26). This does not seem to be able to correctly point out that it is short-long control :D
airalok
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Hello JustUncleL - I am looking for a combination of two indicators - Can you make it for me : below are the details : Technical requirements:
Indicators :
a. Coloured MA R3-16 by JustUncleL
b. GMMA Oscillator v1 by JustUncleL
Trading Scope:
1. Condition when Buy and Sell alert generates – Once per Bar close
Buy Signal : When both below conditions meet
Coloured MA R3-16 by JustUncleL – Should be in Buy Range
GMMA Oscillator v1 by JustUncleL – Should be in Buy Range
Exit: Anyone indicator moving to Sell Zone
Sell Signal : When both below conditions meet
Coloured MA R3-16 by JustUncleL – Should be in Sell Range
GMMA Oscillator v1 by JustUncleL – Should be in Sell Range
Exit: Anyone indicator moving to Buy Zone
Nutshell: Merging two indicators coding and making one.
Further features:
Must - Should be able to select the date range and see the backtest report with Win / Loss streaks and total P&L.
kakupatra
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Great work. Divergences work like a charm when we compare with price action in this tool. Thanks.
psychcrypto
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Great work ! Thanks..
pjay
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Thank you for sharing! Some absolutely splendid indicators you have posted!!! Much appreciated!