I am intrigued with the section headed ‘GMMA Compression Breakout Strategy’ in babypips dot com webpage : learn / forex / guppy-multiple-moving-average. I understand that this specific use of GMMAs is not Darryl Guppy’s, so a detailed discussion of this trading strategy doesn’t appear in any of his books. Does anyone here successfully trade using this strategy?
I would like to ask a few questions about the detail of this strategy.
My first question is: how do you handle the case where the high and low of consecutive candlesticks pierce through all twelve GMMAs?
Cheers,
Dns098