Registered User
Joined: 12/20/2004
Posts: 8
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I hope this is the rigt place to ask this queston! I have read, with much interest, Sir Old Gunny's post about ETF's and how to search and analyze them. But, I seem to be missing a key piece of information.
In his post, Old Gunny referrs to "GMMA" . What does this mean? ...... some kind of moving average?
Also what does the part of ADX does "Prd 13; ave 8 play.
Is there a glossary somewhere for these terms?
Thanks for your help.
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Administration
Joined: 9/30/2004
Posts: 9,187
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GMMA is just a term that refers to plotting multiple moving averages.
"Exponential Guppy Multiple Moving Avg (GMMA) Long Term: 30-35-40-45-50-60 in Red. Short Term 3-5-8-10-12-15 in Blue." means you should plot exponential moving averages on price and make all of the Long Term averages Red and the Short term averages blue.
ADX requires two periods to plot, a DX period (he suggests 13) and an Avg Period (he suggests 8).
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