Instructions were improved, April 11, 2000.
/* Multiple Moving Averages / per TAoS&C, February 1998, pg 20-30 Discovered by Daryl Guppy AmiBroker/AFL version by Donald Dalley For complete instructions, usage, the psychology and the philosphy behind the indicator (why & how it works), read the author's article. MMA uses two groups of Exponential Moving Averages (6 short-term & 6 long-term), to show major trend reversals. Manually look for areas of tight multiple crossovers - sharp reversals and convergence, in both time frames. Trade with the trend reversals and avoid whipsaws by studying the long-term group of EMAs closely. Get confirmation from other indicators. */ MAXGRAPH = 20; GRAPH0 = EMA(CLOSE, 3); GRAPH1 = EMA(CLOSE, 5); GRAPH3 = EMA(CLOSE, 8); GRAPH4 = EMA(CLOSE, 10); GRAPH6 = EMA(CLOSE, 12); GRAPH7 = EMA(CLOSE, 15); GRAPH9 = EMA(CLOSE, 30); GRAPH10 = EMA(CLOSE, 35); GRAPH12 = EMA(CLOSE, 40); GRAPH13 = EMA(CLOSE, 45); GRAPH15 = EMA(CLOSE, 50); GRAPH16 = EMA(CLOSE, 60);