Guppy Width
According to Daryl Guppy's website, the degree and nature of separation between the Guppy Multiple Moving Averages define the character of a trend. This script calculates the degree of separation of the CM SuperGuppy and plots it in histogram form.
"Degree and nature of separation in the long term group define trend strength and weakness.
Degree and nature of separation in the short term group define the nature of trading activity.
Degree and nature of separation between the two groups of moving averages define the character of the trend."
Can be used for divergences or trend confirmation.
"Degree and nature of separation in the long term group define trend strength and weakness.
Degree and nature of separation in the short term group define the nature of trading activity.
Degree and nature of separation between the two groups of moving averages define the character of the trend."
Can be used for divergences or trend confirmation.