Indicators: MMA and 3 oscillators

Guppy Multiple Moving Averages
Developed by Daryl Guppy, the basic idea of Multiple moving average( MMA ) is to view the trend as two band of moving averages – short term band and long term band.

Shortterm averages capture the inferred behaviour of traders and long term represents the investors. Uses fractal repetition to identify points of agreement and disagreement which precede significant trend changes.

Short intro on interpreting the signals:

More info:

Guppy Oscillator
The Guppy MMA Oscillator, developed by Leon Wilson, is an oscillator representation of difference between GMMA ribbons. Look for signal crosses for the triggers.

Linda Raschke (3/10) Oscillator
This oscillator is similar to having a MACD of (3,10,16), the nuances are explained by Linda Raschke in her manual "Professional Trading Techniques":

Ian Oscillator
Simple EMA difference converted to an oscillator. Use the signal crosses as triggers.
Remove from Favorite Scripts Add to Favorite Scripts
// @author LazyBear
// If you use this code in its original/modified form, do drop me a note. 
study("Guppy MMA [LazyBear]", shorttitle="GMMA_LB", overlay=true)


// shortterm 
stsl=plot(ema(src, 3), color=#000066, linewidth=1)
plot(ema(src, 5), color=#000099)
plot(ema(src, 8), color=#0000cc)
plot(ema(src, 10), color=#0000ff)
plot(ema(src, 12), color=#0033cc)
stll=plot(ema(src, 15), color=#0033ff)

// longterm
ltsl=plot(ema(src, 30), color=#990000, linewidth=1)
plot(ema(src, 35), color=#990033)
plot(ema(src, 40), color=#cc0000)
plot(ema(src, 45), color=#cc0033)
plot(ema(src, 50), color=#ff0000)
ltll=plot(ema(src, 60), color=#ff0033)

fill(stsl, stll, blue)
fill(ltsl, ltll, red)
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Hi, great work! I am very interested in the three oscillators, where can I find the script to add them to my charts? thank you very much
I can't seem to find the 3 indicators (Ian, Guppy, Raschke) are they still available?
+1 Reply
I found the code - but it seems to be in AFL. I am new to TV and still learning how the code works.

Can someone make this work with TV?

Trigger = Param("Trigger",21,1,55,1);


LONG2 =(EMA(Close,30)+EMA(Close,35)+

GuppyMMAOscillator = ((Short1-Long2)/Long2)*100;

Plot (GuppyMMAOscillator, "Guppy MMA Oscillator", colorRed);

Plot (EMA(GuppyMMAOscillator, Trigger), "Trigger", colorBrightGreen);

Plot (0, "", colorWhite, styleNoLabel);
+1 Reply
ZAnanas dagekko
@dagekko, Hi Dagekko, thanks for sharing your code. Did you eventually manage to display the oscillators ?
and again: thx for you work :-)

And one other method to use MMA or WMA for finding the tops is using the divergence of them in multible timefame. As more Divergence in multilble timeframe as more the chance that it will be the top.
Good Job : ]
+1 Reply
LazyBear MagnusTradingGroup
Thanks for showing me GMMA some months back :)

+1 Reply
Thanks for implementing it :) you should definitely ask @admin to put it into the standard indicator list !
+1 Reply
As always great work. I have an entire trading system based on the Guppy thought process I purchased from a Premium Developer that won awards as a Hedge Fund Manager. PM me sometime and I'll show it to you. Would be worth us working on together to duplicate it on TV.
+1 Reply
LazyBear ChrisMoody
Thank you @Chris. Will ping you.
+1 Reply
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