About the Guppy Multiple Moving Averages Long Indicator
The Guppy Multiple Moving Averages Long Indicator for MT4 is a trend-following tool based on extended-period moving averages.
It is a variation of the classic Guppy indicator, adjusted to focus on longer-term price movement rather than short-term fluctuations.
This approach helps traders stay aligned with dominant trends and avoid frequent whipsaws.
The indicator plots multiple moving averages directly on the chart, forming a structured band that reflects trend strength and direction.
When price holds firmly above the Guppy averages and the lines slope upward, bullish momentum dominates.
When price stays below the averages and slope they downward, bearish pressure controls the market.
Because it uses longer MA periods, this version produces fewer buy and sell signals.
In return, it keeps traders in profitable trends longer and targets larger price movements.
It works well as a standalone trend indicator and adapts smoothly across currency pairs and timeframes.
Free Download
Download the “guppy-mulitple-moving-average-long.mq4” MT4 indicator
Key Features
- Long-period Guppy moving averages for sustained trend detection.
- Reduced false signals compared to shorter MA versions.
- Designed to capture larger pip movements per trade.
Indicator Chart
The Guppy Multiple Moving Averages Long Indicator chart shows price interacting with a dense group of red moving averages.
The chart highlights trend direction through the slope and spacing of the Guppy lines, making it easier to spot strong bullish or bearish phases and avoid ranging conditions.
Guide to Trade with Guppy Multiple Moving Averages Long Indicator
Buy Rules
- Confirm that price is positioned above all red Guppy moving averages.
- Ensure the Guppy averages are angled upward.
- Wait for a bullish candle to close above the MA group.
- Enter a buy trade in the direction of the active trend.
Sell Rules
- Confirm that price is positioned below all red Guppy moving averages.
- Ensure the Guppy averages are angled downward.
- Wait for a bearish candle to close below the MA group.
- Enter a sell trade following bearish trend direction.
Stop Loss
- Place the stop loss below the nearest support zone for buy trades.
- Place the stop loss above the nearest resistance zone for sell trades.
- Allow room for trend continuation based on timeframe volatility.
- Adjust the stop as the trend structure develops.
Take Profit
- Close all buy orders if price closes below the Guppy moving average group.
- Close all sell orders if price closes above the Guppy moving average group.
- Alternatively, target the next major support or resistance level.
Guppy MA+ Trend Predictor MT4 Forex Strategy
This MT4 trading strategy combines the smoothing power of the Guppy Multiple Moving Averages Indicator for MT4 with the signal clarity of the Trend Predictor V1.0 Forex Indicator for MT4.
The Guppy tells us the market’s general bias: bullish when the price is above the Guppy moving averages, bearish when the price is below them.
The Trend Predictor gives actionable entries via blue arrows for buy and red arrows for sell.
Together, they offer trend-aligned entries that aim to reduce false signals and improve trade timing.
This strategy works best on currency pairs with decent liquidity and during active trading sessions.
It performs well on the H1 and H4 timeframes, which helps avoid noise and reduces whipsaws.
The method suits traders who prefer a clear trend-following approach and want straightforward entry/exit rules without complicated setups.
Buy Entry Rules
- Price trades above the Guppy moving averages, showing a bullish market.
- A blue arrow appears from the Trend Predictor, confirming a buy setup.
- Enter long at the open of the candle that prints the blue arrow as long as the price remains above the Guppy.
- Place a stop loss a few pips below the Guppy cluster or below the latest swing low.
- Set take profit at a 1.5 to 1 reward-to-risk target or exit if price closes back into the Guppy band.
Sell Entry Rules
- Price trades below the Guppy moving averages, showing a bearish market.
- A red arrow appears from the Trend Predictor, confirming a sell setup.
- Enter short at the open of the candle that prints the red arrow as long as the price remains below the Guppy.
- Place a stop loss a few pips above the Guppy cluster or above the latest swing high.
- Set take profit at a 1.5 to 1 reward-to-risk target or exit if price closes back into the Guppy band.
Advantages
- The Guppy filters out counter-trend trades and keeps entries aligned with the main direction.
- The arrow signals make timing easy and remove guesswork.
- The method is simple to follow and ideal for traders who want structure.
- Higher timeframes reduce market noise and create more stable moves.
Drawbacks
- Sideways markets can flatten the Guppy and reduce signal quality.
- If price reenters the Guppy soon after the entry, the trend may be losing strength.
- Slow markets may require patience before reaching take profit.
- Some valid trends may not give an arrow signal, resulting in missed trades.
Example Case Study 1: EURUSD H1
EURUSD stayed above the Guppy during an early London session.
A blue arrow appeared after a small pullback.
A long position was opened with a stop placed under the lower Guppy band.
The pair climbed steadily and reached a profit target of nearly two times the risk.
The trend held strong, and the entry aligned perfectly with momentum.
Example Case Study 2: USDJPY H4
USDJPY moved into a clear downtrend and remained below the Guppy for several candles.
A red arrow appeared, and a short position was taken.
The stop was set above the recent swing high.
Price continued downward and reached the take profit target comfortably before pausing.
Strategy Tips
- Choose major pairs like EURUSD or USDJPY for smoother movement and tighter spreads.
- Avoid entries near major economic news because sudden spikes can distort signals.
- Stick to H1 and H4 charts for more reliable trends.
- Keep stop loss and take profit fixed once the trade is live.
- If the Guppy narrows and moves flat, wait for a clear breakout before trading again.
Download
Download the “guppy-mulitple-moving-average-long.mq4” Metatrader 4 indicator
FAQ
What makes the Long version different from the standard Guppy indicator?
The Long version uses extended moving average periods, which reduces noise and focuses on sustained trend movement rather than short-term price swings.
Which trading style fits this indicator best?
This indicator performs strongly for traders aiming for larger pip targets, including intraday trend trading and swing trading setups.
Can the indicator be used on lower timeframes?
Yes. It can be applied to M1, M5, and M15 charts, though signals appear less frequently due to the longer MA settings.
Summary
The Guppy Multiple Moving Averages Long MT4 Indicator focuses on capturing extended market trends with fewer interruptions.
Its long-period moving averages reduce noise and help traders stay positioned during strong directional moves.
This makes it suitable for traders targeting larger pip gains rather than frequent entries.
The indicator is easy to interpret, works across all timeframes, and adapts well to different currency pairs.
While signals appear less often, they tend to align with stronger trend conditions.
