| Guppy Forex System Nia.v1 |
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| Written by Admin | |
| Saturday, 16 December 2006 | |
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The Guppy forex system is a simple multiple moving average system that is based on Darryl Guppy’s guppy moving averages. We use the guppy to identify trend direction and also to avoid choppy markets. The system is exclusively available on xtick professional though one can try and use it on other trading platforms like metatrader, Fibonacci trader etc. The indicators used are
Nia moving averages are basically optimized moving averages .We use multiple moving averages as they are better in showing market trend than simple moving average crossover systems. It is a very simple indicator to use .If the green lines are above the red lines, then the trend is up. If the green lines are below the red lines, then the trend is down. If the green and red lines are intertwined, it’s a choppy market and it should be avoided.
This is also a very simple indicator to use. It colors the bars black or white. If a white color bar shows up (normally with an alert) then consider entering long the market. If a black color bar shows up, then consider entering short the market.
The momentum indicator is exclusively available in xtick and simple shows the market momentum. It’s also very simple to interpret. If green then the trend is moving up. If red then the trend is moving down.
The Nia trend indicator finds the trend. It is especially powerful in higher time frames and used in conjunction with the momentum indicator is just great.
Xtick pivot points are automatically drawn every day and can be optimized to the specific needs of the trader. It is very uncanny how xtick pivot points get the right prices all the time. Using this pivot points we are developing a very easy fundamental trading data system.
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| Last Updated ( Wednesday, 27 December 2006 ) |
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