Guppy Indicator for ProRealTime

the original guppy indicator, with the short term traders (blue) and long term investors (red)

go only with the trend of the long term investors, and search for trouble in the short term traders (blue) to find good entries.

a = close
c1 = ExponentialAverage[3](a)
c2 = ExponentialAverage[5](a)
c3 = ExponentialAverage[8](a)
c4 = ExponentialAverage[10](a)
c5 = ExponentialAverage[12](a)
c6 = ExponentialAverage[15](a)

c7 = ExponentialAverage[30](a)
c8 = ExponentialAverage[35](a)
c9 = ExponentialAverage[40](a)
c10 = ExponentialAverage[45](a)
c11 = ExponentialAverage[50](a)
c12 = ExponentialAverage[60](a)

return c1, c2, c3, c4, c5, c6, c7, c8, c9, c10, c11, c12

i use it on weekly data for lower market noise.

Download

Filename: guppy-indicator.itf

Downloads: 516

Comments

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Gordon101

6 years ago

Thanks Nicolas, worked a treat.

Gordon101

6 years ago

Hi when I added your Guppy indicator to my chart it went below the chart beside the oscillators in a separate window, with all white lines. Can you advice how to get it onto my chart? Thanks

Nicolas

6 years ago

Add it on the price by using the wrench located on the left upper side of your price chart.

zen83

7 years ago

mcha je suppose que la ligne correcte est ELSIF (c6 < c6[1] and c6[1] < c6[2] and c6[1] < 0) then

mcha

7 years ago

bonjour il manque un signe entre les c6 à la ligne 11 du short term trader squeeze bien cordialement

odin

8 years ago

this is the short term Trader squezze indicator. short term Trader in Trouble and squezze is the same. greetz

juanj

8 years ago

HI Odin Can you also kindly provide the code for the 'Short Term Trader Squezze' indicator. Thanks

odin

8 years ago

here is my code c1 = ExponentialAverage[3](close) c2 = ExponentialAverage[5](close) c3 = ExponentialAverage[8](close) c4 = (c1-c2)*100/c2 c5 = (c2-c3)*100/c3 c7 = (c1-c3)*100/c3 c6 = (c4+c5+ c7)/3 Color = 0 IF (c6 > c6[1]) then Color = 1 ELSIF (c6 c6[1] and c6[1] < c6[2] and c6[1] < 0 then result = 0.5 else result = 0 endif RETURN c6 Coloured By Color,0, result

odin

8 years ago

The shorts in trouble with my own coded short term trouble indicator, its when the difference between the 3 fastest emas are negative and increasing.

SoloContado

8 years ago

Hi, as I see it, when close is below the blues or crossing it downwards

Stenozar

8 years ago

Hi Odin, this indicator is very interesting but I don't undertand how you see when short term traders are in trouble. Can you explain it please?