This is one of my favorite trading indicators. Buy Area: all moving averages are pointing up. Sell area: all moving averages are pointing down.
The moving average “system” is advantageous in combination with an oscillator to pinpoint entry signals in the main direction of the trend. Buy Area: take only oversold signals. Sell Area: take only overbought signals.
Guppy Multiple Moving Averages Chart Example (EURUSD D1)
Platform: Metatrader 4
Indicator type: Trend