Developed by Australian trader Daryl Guppy, the Guppy Multiple Moving Average indicator groups several exponential moving averages (EMA) into two categories, short and long-term, to help traders identify trend changes and trade a trending market. The short-term band, represented by green lines, comprises 3-, 5-, 8-, 10-, 12-, and 15-day EMAs, and the long-term band, identified by the red color, comprises 30-, 35-, 40-, 45-, 50-, and 60-day EMAs.
