The Dynamic Guppy Trend Forex MT4 indicator is a very popular Moving Averages trend indicator developed to identify high probability trends.
It’s composed of a set of short-term and long-term Moving Averages with different periods and colors.
Signals from the Dynamic Guppy indicator are profitable and really worth trying it out.
The Guppy indicator is often used in trading strategies and systems because of its accuracy and simplicity.
Just load the Dynamic Guppy Trend Forex indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A buy trend occurs when the shorter-term Guppy Moving Averages are positioned above the longer-term Moving Averages.
- A sell trend occurs when the shorter-term Guppy Moving Averages are positioned below the longer-term Moving Averages.
- Accurate trend trading indicator.
- Often used in financial trading (Forex, Stocks, Commodities,…)
Feel free to explore the Dynamic Guppy Trend indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “dynamix27-tt-indicator.ex4” Metatrader 4 indicator
Indicator Example Chart (EUR/USD H1 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Dynamic Guppy Trend Forex MT4 Indicator
Buy Signal: Execute a buy trade order when the shorter-term Guppy Moving Averages cross back above the longer-term Moving Averages from below (see image).
Place your stop loss slightly below the previous swing low or consolidation area, or use your own favorite stop loss method.
Close the Guppy based buy trade for a reward/risk ratio of 2.0 or better, or use your own favorite take profit method.
Alternatively, close the buy trade for a fixed profit target of your preference.
Sell Signal: Execute a sell trade order when the shorter-term Guppy Moving Averages cross back below the longer-term Moving Averages from above (see image).
Place your stop loss slightly above the previous swing high or consolidation area, or use your own favorite stop loss method.
Close the sell trade for a reward/risk ratio of 2.0 or better, or use your own favorite take profit method.
Alternatively, close the Guppy based sell trade for a fixed profit target of your preference.
Download This Forex Indicator Now
Download the “dynamix27-tt-indicator.ex4” MT4 indicator
Adjustable Parameters
History, step, line style, line size, colors, width, style.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
