what is the guppy multiple moving average gmma 
the guppy multiple moving average gmma is a technical indicator that aims to anticipate a potential breakout in the price of an asset the term gets its name from daryl guppy an australian financial columnist and book author who developed the concept in his book trading tactics the gmma uses the exponential moving average ema to capture the difference between price and value in a stock a convergence in these factors is associated with a significant trend change guppy maintains that the gmma is not a lagging indicator but a prior warning of a developing change in price and value guppy multiple moving average gmma formula and calculationthe formula for the guppy indicator uses exponential moving averages ema there is a short term group of mas and a long term group of mas both containing six mas for a total of 12 however one can insert their preferred number of periods n into the calculation to find each of the ma values repeat the steps below for each of the required mas alter the n value to calculate the ema you want for example use three to calculate the three period average and use 60 to calculate the 60 period ema 