Guppy Multiple Moving Averages
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Developed by Daryl Guppy, the basic idea of Multiple moving average(MMA) is to view the trend as two band of moving averages – short term band and long term band.
Shortterm averages capture the inferred behaviour of traders and long term represents the investors. Uses fractal repetition to...
About:
The Choppiness Index was created by E.W. Dreiss out of chaos theory, and attempts to gauge the current market's trendiness.
I've seen a few versions of this floating around, but this was built off the true version as described in the original 1993 release, you can read more about it here: www.edwards-magee.com
Usage:
Values above 61.8 are considered very...