Guppy Multiple Moving Average Indicator for MT4/MT5
Info
The Guppy Multiple Moving Average Indicator for MT4/MT5 is a Indicator for MetaTrader 4 that this indicator implements the daily strategy by daryl guppy, originally designed for the securities market and later adapted for the currency market. Recommendations:- Currency pairs involving USD.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Guppy Multiple Moving Average Indicator for MT4/MT5
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
This indicator implements the Daily Strategy by Daryl Guppy, originally designed for the securities market and later adapted for the currency market.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: source code for multiple orders - another powerful indicator for MetaTrader 4 traders.
This indicator implements the Daily Strategy by Daryl Guppy, originally designed for the securities market and later adapted for the currency market.Also recommended: multiple moving averages (mas) - similar indicator with strong performance on MetaTrader 4.
Recommendations:
- Currency pairs involving USD.
- Time frame: Daily.
Note: There are no restrictions on using other currency pairs and time frames.
Indicator Details:
Fast Set (Red): 6 Moving Averages with periods 3, 5, 8, 10, 12, 15.
Slow Set (Green): 6 Moving Averages with periods 30, 35, 40, 45, 50, 60.
Binary Options Feature (Blue): 1 additional Moving Average with a period of 200.
Trading conditions are readily available online. This description focuses on the indicator's components.
This tool was last updated in 2026.
You may also like: daily trend indicator for multiple currency pairs - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property indicator_chart_window
#property indicator_buffers 15
#property indicator_plots 15
/*
1.00
- (daryl guppy)........
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.