The Super Guppy trading strategy is a type of trading strategy that uses multiple average indicators for the market trading purposes. Some traders use sometimes combination of two trading strategies to know the market trends. The Super Guppy trading strategy is a forex trading strategy and this forex trading strategy can be used for different trading purposes and can also be used with any forex currency pair. But this trading strategy is specially used with BGPJPY currency pair.
This is not only for this special currency pair this depends on the traders choice. The main thing using this breakout indicator is that the traders must be keep in mind when he is choosing a currency pair for this indicator.
Super Guppy Indicator MT4/MT5
The pair that is using for the trading should must be have a good and better trading results. Shortly this trading strategy is called as guppy strategy.
This forex trading strategy is used moving averages. There are normally 122 moving averages for the market trading. These moving averages can be simply used for the trading. These can be used for high and low market price values. For this Super Guppy trading strategy that is forex strategy use forex indicators. Basically this uses FTI top bottom trading indicators for the average moving prices.
Short term and lonh term periods
The arrows on the chart are used for the working of this indicator. The movement of these arrows tells the market short term trends. This tells the market price rates for the short term time periods. If a trader want to use these short term price values then they can use these plotted errors for the price estimation values. The movement in the up word and down word direction can tell about the short term trading prices. The traders can also use trading signals for the Super Guppy trading strategy indicator.
Guppy Multiple Moving Average PDF
The trading signals can also be used for knowing the market buy ans sell signal rates. These trading signals can help traders that they can use this information for the trading stay in the market that the trade will for long time period or short time period.
When the price will up and when the price will down?
This Super Guppy trading strategy forex indicator tells the price movements. The price movements tell that either the trader should invest more money or stop invest money on trading for the long term stay or short stay in the market. The trading analysis can be done through it. When the prices trend line will up then the price will up and when the trend line will down then the price will down.
Now we will tell that how can this indicator can be used for different time frames. Is this indicator can only be for fix time frame or for other time frames?. The answer of these questions are listed below.
This Super Guppy trading strategy can be used for both short time period and long term time period. This is a best option for use when the traders want to use this indicator for the day time trading. For the different time frames this indicator can be used. But the good time frame for this indicator is fifteem minute time frame period.
Magic Multiple Moving Average Trading System
This not only fix for 15 minute time frame this can also be used for other higher time frames. This depends on the trader choice that for what chart time frame he will use for it. The traders that have a large knowledge about this indicator trading can use it for any time frame.
Every trading system have its own trading rules. There are different buy and sell rules and also different overbought and oversold conditions. So the Super Guppy trading strategy that is forex strategy is based on its own trading rules. Herw we will see the signals for the long and short term time periods.
Positions of the Super Guppy trading strategy
There are basically two type of positions for this forex Super Guppy trading strategy name as long trading positions and short trading positions. Here we will discuss about each position in some detail so that you can get information about these two positions.
To know about the long trading positions in the forex trading you must be know about the average moves. If the moving averages moves to words bullish trend then it indicates that the trend is strong and the market trend is for long positions. This tells that the trend is strong in strength. The stop loss level can also be settled here.
CM Super Guppy Strategy for MT4/MT5
To get profit the stop loss levels can be used and the direction of the trend lines can move below the indicator.
To know about the short trading positions in the forex trading you must be know about the average moves. If the moving averages moves to words bearish trend then it indicates that the trend is strong in down word and the market trend is for short positions. This tells that the trend is strong in down in strength. The stop loss level can also be settled here. To get profit the stop loss levels can be used and the direction of the trend lines can move above the indicator.
The Super Guppy trading strategy that is a forex trading strategy works with average moves with 122 average moving patterns.
Download Super Guppy Trading Strategy MT5/MT4 Free
This indicator can be further enhanced with different innovations. This is noy important that the experts can only use it for trading this is also a good way for the beginners to use it and make more changes with the combination of other forex indicators.
This indicator can be used for more then one charts. This can also be used for multiple time frames. The time frame choice depends on the traders and the investors choice. The performance of speed can be slow and fast. The price action can in up, down, or may be left of right in some cases.