lastly about rsi... 1) depends on what setting are used . rsi 6 will cross 50 much earlier than rsi 14 0r rsi 21.( same is true for all other oscillators like macd, stochastics, tdi, cci etc) indian markets are 6 hrs a day. so on hourly chart i use ...

Guppy's Multi-Moving Average (GMMA)

sir, the use of color ma is th make reading the chart easier. just a change in color will tell you compression or expansion long before it is evident to naked eye otherwise. change in channel color will make entry or exit easier. take a note of the ...

Guppy's Multi-Moving Average (GMMA)

let me try to explain the logic. we are tought to consider previous highs and lows as support and resistance areas. but these are static areas or zones. but in a strong trend these are easily broken and it is unlikely that the price will never ...

Guppy's Multi-Moving Average (GMMA)

hi oohoo, when your fast ema has crossed above slow ema , that is your change in treng. after that, one or few candles closing in the channel or preferably below the channel is first pullback ( you have correctly marked). after that the first candle ...

Guppy's Multi-Moving Average (GMMA)

Sir, a request make the same template with MA IN COLOR indicator i have shared. it will help your analysis of guppy mma to a great extent.

Guppy's Multi-Moving Average (GMMA)

where is the breakout ? where is the pullback ? no place to draw fib..... if this is H4 chart, the price is chopping around the LT guppy for many days. there is no trend. i will never trade this chart on guppy rules. to trade this.... draw ...

Guppy's Multi-Moving Average (GMMA)

thank you very much sir for your time and efforts. i am truely grateful

Guppy's Multi-Moving Average (GMMA)

image Analyse LT guppy 1) no compression 2) direction maintained this indicates strong strength in trend A in the image above : young breakouts are weak, with high probablity of trend collapse.( star in the image) The second arrow in image is LT ...

Guppy's Multi-Moving Average (GMMA)

LT group too compressed. first criteria not satisfied. better to wait for next pullback and a good trend is established.

Guppy's Multi-Moving Average (GMMA)

just want to say "RAJESH MA IN COLOR" 2, 2A are not my indicators. the original MA IN COLOR indicator does not allow to change the line style, so i just changed it in the code for my convinence and renamed it. all respects to the original ...

Guppy's Multi-Moving Average (GMMA)

thanks for being a part of discussion, i really appreciate it.

Guppy's Multi-Moving Average (GMMA)

all candles after 50/200 cross closing inside channel is consolidation/distribution . first candle to close below 10 ema low, small upper wick, zero lower wick... indicates a strong bearish candle.... continuation pattern. rest is to trail SL on 10 ...

Guppy's Multi-Moving Average (GMMA)

hi oohoo, in your chart, ema 50 crossing below ema 200 is start of your downtrend. after that the bearish candle closing below the ema channel is your entry candle ( 5 th candle after the 19 vertical line) after that the same rules apply what we are ...

Guppy's Multi-Moving Average (GMMA)

i always apply fibo in the direction of the trend. so your 0 level should be down and 100 level up. ( non conventional but thats how i do it ) as long as pullback is inside the LT group and subsequent continuation pattern, the fibo levels should not ...

Guppy's Multi-Moving Average (GMMA)

going through your document sir. very very well summarised. few corrections, give me some time

Guppy's Multi-Moving Average (GMMA)

i have sent you my email.

Guppy's Multi-Moving Average (GMMA)

trade is not RR. it is keeping losses to minimum and making max profits

Guppy's Multi-Moving Average (GMMA)

a one line question requires a detailed answer. 1) we are trading a system with some basic fixed rules. rules can be followed, bent or broken....... but with some logic. 2) in any strong trend the entry candle low/high is NEVER broken. but we have ...

Guppy's Multi-Moving Average (GMMA)

yes. you are partly right . GMMA helps me to identify the trend and my entry. i trade only one instrument at a time. but i use a combination of futures and options to trade it. for a long trade i will buy two lots of future and sell one put option. ...

Guppy's Multi-Moving Average (GMMA)

T3 also acheived easily image now as the price action is too far from LT group and ema chanel, expect a pullback inside ema chanel upto 50 % fib level. image

Guppy's Multi-Moving Average (GMMA)