This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
This is the chart that Eric mentioned.
There are different variations, but the one I setup is using 10WMA - 240WMA in increments of 10.
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
January 23rd, 2008 at 8:08 pm
That looks like it would use a heck of a lot of bandwidth… it would crash my esiggy in a split second.
-DT
January 23rd, 2008 at 8:39 pm
u know what the rainbow symbolizes? i may be sending another message with all the honesty going around
:-)
January 24th, 2008 at 3:24 am
Mr White folks,
What an interesting chart with 4 MA’s on that 144 tick chart. Can you explain exactly what the 4 moving avgs are and what do you mean by “10 tick increments.” It seems that except for one stop out, the avges would actually let you stay long all day if you use a break thru the bottom avg as your stop. Wow! Could this be done on a regular basis, yuh think? How can I set my tradestation charts to look like that. Any advise will be appreciated.
thanks,
Marc
January 24th, 2008 at 6:30 am
mark v: it actually 10, 20, 30…. all the way to 240…WMAs if it makes a difference
here is a link that probably best explains it
http://www.traderji.com/technical-analysis/620-guppy-multiple-moving-average.html
honestly, at this point i find it interesting, but have not used it yet
January 24th, 2008 at 6:51 am
mark: http://www.startraderreport.com/Articles/GuppyMMA/GMMAArticle1.html
there’s a lot of stuff on the web, but this is another good link
January 24th, 2008 at 12:16 pm
I made a 10 .. 240 indicator so I could look at it from time to time. Right off, I’m not too impressed. I probably just don’t know what I am looking for.
January 24th, 2008 at 2:13 pm
richard: from what i can see, i think its like a set of training wheels to help with recognizing the trend or lack of one…from what i see, most of the people that use it eventually take it off the screen when they no longer need it…i do see a couple of useful things, but its definitely not pointing out anything that’s not apparent to a really good trader…i’ve been watching it today, but i’m having a hard time using it for actual signals…i may leave it up for a while, because of the pretty colors