Guppy Multiple Moving Average (GMMA) Long Indicator MT5 Download

The Guppy Multiple Moving Average (GMMA) indicator analyzes the strength and direction of the market using multiple exponential moving averages (EMA).

This trading tool "Long" version focuses primarily on long-term moving averages and is typically used to confirm strong and established trends.

On the chart, the movingaveragelines are displayed as red lines.

Guppy Multiple Moving Average Long Indicator Specification Table

The table below outlines the features of the Guppy Multiple Moving Average Long indicator.

Bullish Trend Conditions

Based on the 30-minute Binance Coin (BNB) chart, the upward slope of GMMA lines indicates the market's bullish tendency.

As shown in the image, price touches the lines in two separate areas, each time reacting positively, which reinforces the indicator's supportive behavior.

Bearish Trend Conditions

According to the EUR/USD one-hour chart, the downward slope of the GMMA indicates the market's bearish inclination.

As seen, price touches the moving average bands at two points, each time reacting with a decline. These responses demonstrate the resistance role of the GMMA lines within the market structure.

GMMA Indicator Settings

The image below shows the settings panel for the Guppy Multiple Moving Average Long indicator:

• Color: Set the color of Guppy moving average lines

Conclusion

The Guppy Multiple Moving Average Long indicator uses six exponential moving averages to plot dynamic and adaptable support and resistance zones on the chart.

The overall direction of these averages provides analysts with a general perspective on probable market movement.

This tool is recognized as one of the most powerful technical analysis indicators and is compatible with various trading strategies, both short-term and long-term.