GMMA

[west]

GMMA(Guppy Multiple Moving Average) is one of the most powerful indicators for Forex.
(http://www.guppytraders.com/gup329.shtml)

You can obtain this powerful tool for FT2 at
https://www.dlmarket.jp/products/detail ... _id=270197
with reasonable prices.

[KelvinHand]

GMMA.dll

(30 KiB) Downloaded 865 times

Download if not work: http://www.microsoft.com/en-us/download ... px?id=5555

GMMA(Guppy Multiple Moving Average) too simple to program.

[tommmmmm]

Isn't it simply a rainbow indicator?

[west]

Yes,it may be possible to view GMMA as a simplified rainbow indicator.
Both of them use EMA with close value.
Main difference between them is that in case of rainbow indicator,
periods of EMA are spaced rather continuously,whereas in case of GMMA,
periods of EMA are separated by two groupes(short and long)with definite gap.
For example, periods of short groupe are 3,5,8,10,12,15 and that of long groupe are
30,35,40,45,50,60.

GMMA was developed by Daryl Guppy in 1997.
http://www.guppytraders.com/gup202.shtml

[KelvinHand]

Isn't it simply a rainbow indicator?

GMMA is the 1st founder, Rainbow indicator is derived from GMMA