Category Trend  Published on 16/02/2015

GMMA (Guppy Multiple Moving Average)

Description

GMMA (Guppy Multiple Moving Average)

An indicator used in technical analysis to identify changing trends. The technique consists of combining two groups of moving averages with differing time periods. 

One set of moving averages in the Guppy multiple moving average (GMMA) has a relatively brief time frame and is used to determine the activity of short-term traders. The number of days used in the set of short-term averages is usually 3, 5, 8, 10, 12 or 15.

The other group of averages is created with extended time periods and is used to gauge the activity of long-term investors. The long-term averages usually use periods of 30, 35, 40, 45, 50 or 60 days.
 

 


using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class GMMA : Indicator
    {
        [Output("Short EMA1", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma1 { get; set; }

        [Output("Short EMA2", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma2 { get; set; }

        [Output("Short EMA3", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma3 { get; set; }

        [Output("Short EMA4", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma4 { get; set; }

        [Output("Short EMA5", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma5 { get; set; }

        [Output("Short EMA6", Color = Colors.Blue)]
        public IndicatorDataSeries ShortEma6 { get; set; }



        [Output("Long EMA1", Color = Colors.Red)]
        public IndicatorDataSeries LongEma1 { get; set; }

        [Output("Long EMA2", Color = Colors.Red)]
        public IndicatorDataSeries LongEma2 { get; set; }

        [Output("Long EMA3", Color = Colors.Red)]
        public IndicatorDataSeries LongEma3 { get; set; }

        [Output("Long EMA4", Color = Colors.Red)]
        public IndicatorDataSeries LongEma4 { get; set; }

        [Output("Long EMA5", Color = Colors.Red)]
        public IndicatorDataSeries LongEma5 { get; set; }

        [Output("Long EMA6", Color = Colors.Red)]
        public IndicatorDataSeries LongEma6 { get; set; }





        private ExponentialMovingAverage m_shortEma1;
        private ExponentialMovingAverage m_shortEma2;
        private ExponentialMovingAverage m_shortEma3;
        private ExponentialMovingAverage m_shortEma4;
        private ExponentialMovingAverage m_shortEma5;
        private ExponentialMovingAverage m_shortEma6;

        private ExponentialMovingAverage m_longEma1;
        private ExponentialMovingAverage m_longEma2;
        private ExponentialMovingAverage m_longEma3;
        private ExponentialMovingAverage m_longEma4;
        private ExponentialMovingAverage m_longEma5;
        private ExponentialMovingAverage m_longEma6;



        protected override void Initialize()
        {
            m_shortEma1 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 3);
            m_shortEma2 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 5);
            m_shortEma3 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 8);
            m_shortEma4 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 10);
            m_shortEma5 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 12);
            m_shortEma6 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 15);

            m_longEma1 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 30);
            m_longEma2 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 35);
            m_longEma3 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 40);
            m_longEma4 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 45);
            m_longEma5 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 50);
            m_longEma6 = Indicators.ExponentialMovingAverage(MarketSeries.Close, 60);
        }

        public override void Calculate(int index)
        {
            ShortEma1[index] = m_shortEma1.Result[index];
            ShortEma2[index] = m_shortEma2.Result[index];
            ShortEma3[index] = m_shortEma3.Result[index];
            ShortEma4[index] = m_shortEma4.Result[index];
            ShortEma5[index] = m_shortEma5.Result[index];
            ShortEma6[index] = m_shortEma6.Result[index];

            LongEma1[index] = m_longEma1.Result[index];
            LongEma2[index] = m_longEma2.Result[index];
            LongEma3[index] = m_longEma3.Result[index];
            LongEma4[index] = m_longEma4.Result[index];
            LongEma5[index] = m_longEma5.Result[index];
            LongEma6[index] = m_longEma6.Result[index];
        }
    }
}


IN
intelliBrain

Joined on 16.02.2015

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: GMMA.algo
  • Rating: 5
  • Installs: 6400
  • Modified: 13/10/2021 09:54
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