Trading strategies

[alex_001]

Has anyone used a gmma in combination with an RSI to great effect. If so what are the downsides or things to look out for.

[waltoncharles]

@alex_001

gmma in combination

What’s this? Is this any kind of technical tool? Default or paid trading tool or anything else?

[alex_001]

Its a trend following indicator using 12 moving averages that expand and contract. Its called a Guppy Multiple Moving Average indicator.

[ria_rose]

I’ve seen this strategy a couple of times here already! But I personally haven’t really used this for my own trading. But you might want to check out this thread to maybe learn a bit about what other people are saying about it.

Have you ever heard of gmma indicator

For the moving average lovers, I think that it’s better to use GMMA than 1 or 2 moving averages. Let me know what you think! Last night, I learnt about this ribbon moving average indicator here at Babypips.com. It is called Guppy Multiple Moving Average (GMMA) indicator. At first, I thought that it would be cloudy on my chart since it uses 12 moving averages. However, I found that it is clean and even very beautiful to look at. Most importantly, I saw that it shows the trends and signals very…

[waltoncharles]

Oh I see, actually I use supply & demand trading strategy to identify the market trend! Personally, I don’t like to rely on the technical tools to know the market trend!

[RosiePalmar]

@alex_001

gmma in combination with an RSI to great effect.

Yeah I used that trading tool last year but honestly I didn’t find any good result & that’s why currently I have no interest on it!