This indicator was first discovered and developed by Daryl Guppy who is the founder and director of Guppytraders.com Pty Ltd. Where currently he is an active trader download traded futures products. While his famous book is “The 36 Strategies of The Chinese For Financial Traders, Share Trading and Trading Tactics, Bear Trading, Chart Trading, Trading Asian Shares” (printed in mandarin). In early 2008 he also published a book entitled “Snapshot Trading” (also in Mandarin).
Trend Trading his book became a best seller published in Beijing. He also developed the Guppy Multiple Moving Average indicator with MetaStock, Omnitrader and other graphics programs. He also delivered an accredited course on technical analysis of the Singapore Stock Exchange and the Society of Remisiers, Singapore. He is also an honorary member of one of the Australian Government Shareholders and Investors Advisory Council.
In the Guppy Multiple Moving Average indicator (GMMA), is an indicator that calculates the relationship at any Moving Average. Each group will produce a MA in Guppy Multiple Moving Average (GMMA) two great powers of the market traders and investors. This indicator gives us a picture of the exact relationship between trading methodology with GMMA. This indicator is designed to explain the trend activity daily or intraday basis (trading for a few hours). Group Moving Averages Moving Averages are used in the short term. Where the trader can always see any change of trend. MA group it was 3, 5, 8, 10, 12 and 15. Group Moving Averages were made to determine a trend. If there is no trend, then these indicators become dysfunctional. Guppy MA article was first released on the article Trend Trading (April 4) by Daryl Guppy.