Guppy MVMA
Guppy MVMA (Modified Volume Moving Average) within Amibroker AFL incorporates volume data into the moving average calculation. Utilizing the Amibroker data feed, this AFL factors in volume alongside price data to smoothen the moving average, providing insights into both price trends and volume dynamics. Traders utilize Guppy MVMA to gauge the strength of price movements in conjunction with volume, facilitating a more comprehensive analysis of market trends and potential trade opportunities.
//*Guppy MMA */
SetChartBkColor(16);
_SECTION_BEGIN("Price");
SetChartOptions( 0, chartShowDates | chartShowArrows | chartLogarithmic | chartWrapTitle );
ECw= EncodeColor(colorWhite);
ECy= EncodeColor(colorYellow);
_N(Title = ECw+ "Guppy MMA " +ECy+ StrFormat("- {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "", IIf(Close > Open, colorBrightGreen, colorRed), styleBar | styleThick, styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
_SECTION_BEGIN("Fast Periods");
P1 = EMA(C,3);
P2 = EMA(C,5);
P3 = EMA(C,8);
P4 = EMA(C,10);
P5 = EMA(C,12);
P6 = EMA(C,15);
_SECTION_END();
_SECTION_BEGIN("Slow Periods");
P7 = EMA(C,30);
P8 = EMA(C,35);
P9 = EMA(C,40);
P10 = EMA(C,45);
P11 = EMA(C,50);
P12 = EMA(C,55);
P13 = EMA(C,60);
_SECTION_END();
_SECTION_BEGIN("Guppy MMA");
Plot(P7,"",colorOrange,styleDashed = 32);
Plot(P8,"",colorOrange,styleDashed = 32);
Plot(P9,"",colorOrange,styleDashed = 32);
Plot(P10,"",colorOrange,styleDashed = 32);
Plot(P11,"",colorOrange,styleDashed = 32);
Plot(P12,"",colorOrange,styleDashed = 32);
Plot(P13,"",colorOrange,styleDashed = 32);
Plot(P1,"",colorLightGrey,styleDashed = 32);
Plot(P2,"",colorLightGrey,styleDashed = 32);
Plot(P3,"",colorLightGrey,styleDashed = 32);
Plot(P4,"",colorLightGrey,styleDashed = 32);
Plot(P5,"",colorLightGrey,styleDashed = 32);
Plot(P6,"",colorLightGrey,styleDashed = 32);
_SECTION_END();
Buy = Cross (P1,P8);
Sell = Cross(P8,P1);
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorYellow, colorRose ),0, IIf( Buy, L, H ) );