How to use the CM Super Guppy like a PRO + Beginner Guide

Seen a couple of guides on the Super Guppy where the author explains the basics then promptly leave you dumbfounded with zero examples on how to trade using the damn indicator.

Thankfully @getgoodcrew saves the day.

Found this article informational/useful? This is just the tip of the iceberg..
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Heading straight to the point…

This beauty deserves a proper guide.

What is the CM Super Guppy?

In short, it’s many EMA’s (Exponential Moving Average) bundled up into one indicator.

The CM Super Guppy is comprised of 7 Fast EMA’s and 15 Slow EMA’s.
These are just names used to differentiate their use cases which we are going to elaborate on later...

The EMA’s use the following sequence → EMA(x) + 3 = EMA(x+1)
EMAx = 3

Example: EMA1 + 3 = EMA2

Fast EMA 1 — Length 3
Fast EMA 2 — Length 6
…
Slow EMA 22 — Length 66

Super Guppy also provides you with an ‘overall average’ → the EMA 200.
The main use of EMA 200 is to indicate MASSIVE support/resistance.

Now that we understand what the indicator IS, let’s observe its USE CASES.

Why I use the Guppy.

The Super Guppy illustrates, beautifully, the ‘fluidity’ of the price movement. This is especially very important in any kind of trading on any timeframe, you must have a tool that illustrates how much the price is squeezed, loose or out of bounds.

If you’re a beginner or a trading master, you must have heard that price action acts like water, the markets love moving in waves → Up…Down…Up…Down…

“Be as water, my friend.” — Bruce Lee

How to start using the Guppy.

Guppy colors:

During an uptrend…

Green = Good , Blue = Really good

Everything here is pretty much obvious, let’s focus on one use case here which we can observe in BOX 2.

BOX 2 →
Fast EMA’s turning silver during a confirmed uptrend on many timeframes most often gives you a sign that a ‘dip’ is in order.
It’s a good bet to use this dip as a buying opportunity, especially on a higher timeframe like the weekly, daily or the 4hour.

Here we see the recent uncertainty in the market illustrated with the Fast EMA’s only flipping in this last dump.

Observe how for the past 2 months BTC has not had any blue lines, this is a big sign that the uptrend has lost fuel to continue.

Guppy colors:

During market uncertainty — sideways movement…

Guppy being used to confirm uncertainty in the market on the DAILY chart.

The second point the silver EMA’s imply is that the price action might have incoming VOLATILITY. Price might go wild soon after that.

Here I’m using the daily timeframe to showcase how quickly the market became uncertain, right after this BTC dumped to 5800.

Market is completely uncertain about where it’s headed when all of the EMA’s turn SILVER.

Silver → Incoming volatility, can go EITHER WAY.

Here’s an example on the hourly timeframe. In this case we pumped upwards.

Guppy colors:

During downtrend…

Super Guppy during a downtrend.

Fast EMA’s turning orange → Confirmed Downtrend.
Fast EMA’s turning silver during downtrend → Selling Opportunity

The EMA 200

Using the simple principles we just learned we could have swing traded BTC pretty easily.

LAST BOX TO THE RIGHT →
Fast EMA’s turning silver during a confirmed downtrend most often gives you a sign that a ‘bounce’ is currently ongoing.
It’s a good bet to use this bounce as a selling opportunity, especially on a higher timeframe like the weekly, daily or the 4hour.

My personal strategies using the Guppy.

You might have noticed the ‘Buying Opportunities’ and ‘Selling Opportunities’… This to me is incredibly important in margin trading on micro levels such as the 5min and the hourly.

These opportunities, I found, have a very high strike rate (They often work out.) I use them all the time in my daytrading.

The Guppy Hole Technique:

Trading on the 5min timeframe.

A Guppy Hole is what I call an opportunity to either go short or long whether the Guppy Hole appears in a downtrend or an uptrend.

The EMA 200:

4 Shorting opportunities with the EMA 200 IN 5 HOURS.

Using the EMA 200 to add confluence to your trading is incredible. Here we see the Guppy being silver indicating high volatility, immediately it’s a logical assumption to see the EMA 200 as resistance and look for shorts there.

You can see I highlighted an SFP here, a Swing Failure Pattern.
I go in depth in SFP trading in my other article →‘Best guide to trading Barts you’ll EVER SEE’ ←

Conclusion.

The Super Guppy is pretty awesome. It’s part of my primary daytrading strategy and I use it all the time.

Hope you liked this guide on how to actually use an indicator, so many guides in the cryptosphere are written by complete amateurs who try to hide their lack of trading experience with pretty journalistic writing. I dislike that and aim to create incredible guides like this one in which I use many, MANY examples to show you at least one way of trading the following indicator.

Please leave a clap to get this guide to the top of the google searches so people can ACTUALLY learn to use this correctly and not just toy around.

Thankfully @getgoodcrew saves the day.

Found this article informational/useful? This is just the tip of the iceberg..
FREE Telegram Channel → https://t.me/getgoodta
HEALTHIEST CRYPTO COMMUNITY → https://t.me/getgoodchat
FOLLOW OUR TWITTER →https://twitter.com/GetGoodTA