CM Super Guppy Indicator TradingView: How 23 Moving Averages Show You Exactly When to Buy and Sell (2025 Guide)
You know that frustrating moment when you're looking at a single moving average, trying to figure out if the trend is actually strong enough to risk your money on? I've been there too. Most indicators just give you one line and somehow expect you to make confident trading decisions from that.
The CM Super Guppy indicator completely changes this game. Instead of squinting at one lonely line, you get 23 exponential moving averages working together to create colored ribbons that literally show you what the market is thinking.
What is the CM Super Guppy Indicator?
Think of the CM Super Guppy as having 23 different traders, each with their own timeframe, all voting on what they think the market will do next. When they all agree, you get a clear signal. When they disagree, you know to wait.
This isn't just another moving average indicator. It's a complete trend analysis system that shows you three crucial things at once:
The Three-Part System That Actually Works:
- Fast EMA Ribbon (7 moving averages from 3 to 21 periods): These catch short-term momentum shifts and early trend changes
- Slow EMA Ribbon (15 moving averages from 24 to 66 periods): These reveal the bigger picture trend and act as dynamic support/resistance
- EMA 200: The major trend filter that most institutional traders watch
Chris Moody (CM) created this "Super" version by taking Daryl Guppy's original concept and adding the color-coding that makes everything instantly readable. No more guessing what 23 lines mean - the colors tell you everything.
Reading the Color Signals:
- Bright cyan/aqua fast ribbon: Short-term momentum is bullish - look for long opportunities
- Green slow ribbon: Long-term trend is up - the bulls are winning
- Orange fast ribbon: Short-term momentum turned bearish - consider short setups
- Red slow ribbon: Long-term trend is down - bears are in control
- Gray ribbons: Mixed signals - step aside and wait for clarity
Here's what makes this system brilliant: you can instantly see when different timeframes agree or fight each other. When all 23 moving averages line up properly (shorter ones above longer ones in an uptrend), that's when you know the trend has real strength behind it.
The ribbons also show you market volatility. When they squeeze together like an accordion, low volatility usually means a big move is coming. When they spread apart like a fan, the trend is strong and has momentum.
What is Pineify?
Before we dive deeper into using the CM Super Guppy, let me share something that's made my trading life way easier. Pineify is like having a Pine Script wizard on speed dial - you describe what you want in normal English, and it builds working indicators for you.
I started using Pineify because I had ideas for tweaking indicators but zero coding skills. Now I can create custom versions of anything, including the CM Super Guppy, without touching a single line of code.
Here's what makes Pineify different from other tools:
- Describe your trading idea in plain English and get working Pine Script code instantly
- Test your strategies with built-in backtesting before risking real money
- Modify existing indicators like the CM Super Guppy to fit your exact trading style
- Export clean, professional Pine Script code directly to TradingView
- Build complete trading systems with entry signals, stop losses, and take profit levels
Want to modify the CM Super Guppy? Maybe use different moving average periods for crypto trading? Or add volume confirmation? Pineify makes it simple. Just tell it what you want, and you'll have working code in minutes.
How to Add the CM Super Guppy Indicator to TradingView
Getting the CM Super Guppy on your TradingView charts is straightforward. Here's exactly how to do it:
The Quick Setup Process:
- Head to Pineify.app - Sign up takes less than a minute
- Find "CM Super Guppy" in the indicator library
- Customize if needed - Adjust colors, periods, or add your own features
- Generate the code - Click once and get clean Pine Script code
- Open TradingView - Click the Pine Editor icon at the bottom of your chart
- Paste and save - Copy the code from Pineify, paste it in the editor, and save
- Add to chart - Hit "Add to Chart" and you're trading
The default settings work well for most traders, but here's a pro tip: if you're day trading, you might want slightly shorter moving average periods. For swing trading, the standard settings are perfect. Pineify lets you test different configurations without any coding headaches.
How to Actually Use the CM Super Guppy Indicator
I've tested this indicator on everything from penny stocks to Bitcoin, and here's what I've learned works in real trading:
Reading the Market's Mood:
- Cyan fast ribbon + green slow ribbon: The market is clearly bullish - focus only on long trades
- Orange fast ribbon + red slow ribbon: Bears are in control - look for short opportunities
- Gray or mixed ribbons: The market can't make up its mind - stay on the sidelines
Spotting Trend Strength:
- Wide ribbon spacing: Strong momentum is driving the trend - these moves often continue
- Narrow ribbon spacing: Low volatility usually means a big move is brewing
- All 23 moving averages lined up: This is when trends have real conviction behind them
Smart Entry Strategies:
- Pullback entries: Wait for price to touch the slow ribbon during an uptrend, then enter when it bounces back up
- Breakout entries: Enter when the fast ribbon changes from gray to cyan (or orange for shorts) - especially with volume confirmation
- Ribbon crossover: Enter when the fast ribbon crosses above the slow ribbon and both turn bullish colors
Knowing When to Exit:
- Exit when the fast ribbon changes color - this often signals a short-term trend reversal
- Exit when price closes below the slow ribbon in an uptrend (or above it in a downtrend)
- Exit when price crosses the EMA 200 - this usually means the major trend is changing
Dynamic Support and Resistance: The ribbons act like moving support and resistance levels. During uptrends, the slow ribbon often catches pullbacks. During downtrends, it acts as resistance for any bounces.
The Golden Rule: Never fight the ribbons. If both are bearish (orange and red), don't try to catch falling knives. Wait for clear trend change confirmation before switching your trading bias. This simple rule has saved me from countless bad trades.
For more advanced strategies, you might want to combine the CM Super Guppy with other swing trading indicators to create a more complete trading system.
Best CM Super Guppy Settings for Different Trading Styles
The default settings work fine, but after testing different configurations, here's what I've found works best for different trading approaches:
Standard Settings (Good Starting Point):
- Fast moving averages: 3, 6, 9, 12, 15, 18, 21
- Slow moving averages: 24, 27, 30, 33, 36, 39, 42, 45, 48, 51, 54, 57, 60, 63, 66
- Major trend filter: EMA 200
- Price source: Close price
Day Trading Setup:
- Fast EMAs: 3, 5, 8, 10, 12, 15, 18
- Slow EMAs: 20, 23, 26, 29, 32, 35, 38, 41, 44, 47, 50, 53, 56, 59, 62
- Best timeframes: 5-minute to 15-minute charts
The slightly shorter periods help you catch intraday momentum shifts faster while still filtering out most of the noise.
Swing Trading Configuration:
- Fast EMAs: 5, 8, 11, 14, 17, 20, 23
- Slow EMAs: 26, 29, 32, 35, 38, 41, 44, 47, 50, 53, 56, 59, 62, 65, 68
- Best timeframes: 1-hour to 4-hour charts
These longer periods reduce false signals and help you identify the swings that actually matter for multi-day trades.
Position Trading Setup:
- Use the standard settings
- Focus on daily charts
- Pay extra attention to the EMA 200 for major trend direction
Color Settings That Actually Work: After staring at charts for hours, these colors are easier on the eyes:
- Fast ribbon bullish: Bright cyan (#00BCD4)
- Fast ribbon bearish: Bright orange (#FF9800)
- Slow ribbon bullish: Bright green (#00E676)
- Slow ribbon bearish: Bright red (#F44336)
- Mixed signals: Gray (#9E9E9E)
- EMA 200: Blue (#2196F3)
With Pineify, you can easily test different period combinations to see what works best for your specific market and trading style without any coding headaches.
How to Backtest the CM Super Guppy Indicator
This is where things get interesting. You can build complete backtesting strategies around the CM Super Guppy without writing any code.
Basic Strategy Rules That Work:
Long Entry Conditions:
- Fast ribbon turns aqua (bullish)
- Slow ribbon is green (bullish)
- Price is above EMA 200 (optional filter for strongest trends)
- Enter on the next candle open
Short Entry Conditions:
- Fast ribbon turns orange (bearish)
- Slow ribbon is red (bearish)
- Price is below EMA 200 (optional filter for strongest trends)
- Enter on the next candle open
Exit Conditions:
- Exit longs when fast ribbon changes from aqua to gray or orange
- Exit shorts when fast ribbon changes from orange to gray or aqua
- Alternative exit: When price crosses the opposite side of the slow ribbon
Stop Loss Options:
- Fixed stop loss: 2% below entry (for longs) or above entry (for shorts)
- Dynamic stop loss: Below the slow ribbon (for longs) or above it (for shorts)
- Trailing stop: Trail your stop below the fast ribbon as the trend continues
Take Profit Options:
- Fixed risk/reward: 2:1 or 3:1 ratio based on your stop loss distance
- Dynamic take profit: Exit when fast ribbon changes color
- Partial profits: Take 50% off at 2R, let the rest run with a trailing stop
Risk Management:
- Never risk more than 1-2% of account per trade
- Position size based on stop loss distance
- Maximum 3 positions open simultaneously
- Only trade when both ribbons clearly agree (avoid gray periods)
Advanced Strategy Approach:
- Strong trend entries: Wait for ribbon compression (ribbons getting tighter) followed by expansion in the trend direction
- Reversal plays: Look for ribbon color changes when price hits key support/resistance levels
- Multiple timeframes: Use higher timeframe for overall trend direction, lower timeframe for precise entry timing
Setting Up Backtests in Pineify: With the Pineify editor, you can build complete strategies that include:
- Position sizing rules (how much to risk per trade)
- Stop loss levels (fixed percentage or trailing stops)
- Take profit targets (multiple levels or trailing profits)
- Risk management rules (maximum daily loss, etc.)
What Good Backtest Results Look Like:
- Win rate above 50% (trend following strategies win big when they're right)
- Profit factor above 1.5 (total profits divided by total losses)
- Maximum drawdown under 20% (biggest losing streak)
- Consistent performance across different market conditions
Pro tip: Always backtest across at least 2 years of data that includes different market environments - trending, sideways, volatile, and quiet periods. The CM Super Guppy shines in trending markets but can struggle when markets move sideways.
Frequently Asked Questions About CM Super Guppy
Q: Does the CM Super Guppy work on all timeframes? A: Yes, but it works best on 15-minute charts and higher. On very short timeframes like 1-minute, you'll get too many false signals. For day trading, stick to 5-15 minute charts. For swing trading, use 1-4 hour charts.
Q: How many false signals should I expect? A: In trending markets, you'll see fewer false signals (maybe 30-40%). In choppy markets, false signals can be 50% or more. That's why combining it with support/resistance levels and the EMA 200 filter helps a lot.
Q: Can I use this indicator for crypto trading? A: Absolutely. The CM Super Guppy works well with Bitcoin, Ethereum, and other major cryptocurrencies. Just remember that crypto markets can be more volatile, so consider using slightly wider stop losses.
Q: What's the difference between this and a regular moving average? A: Regular moving averages give you one line. The CM Super Guppy gives you 23 lines that create ribbons, showing you not just trend direction but also trend strength and momentum changes. It's like having multiple confirmations instead of just one.
Q: Should I use this as my only indicator? A: No indicator should be used alone. The CM Super Guppy works great as your primary trend tool, but combine it with support/resistance levels, volume analysis, or other indicators for better results.
Q: How long does it take to learn this indicator? A: The basic concept takes about a week to understand. Getting comfortable with all the nuances and developing your own trading rules usually takes 2-3 months of practice and backtesting.
Conclusion
The CM Super Guppy indicator gives you a clear, visual way to read market trends and time your trades. Its 23 moving averages create color-coded ribbons that instantly show you market direction and momentum strength.
What makes it special is how it turns complex trend analysis into something you can understand at a glance. The ribbons tell you when trends are strong, when they're weakening, and when they might be changing direction.
Yes, it has some lag like all moving average-based indicators, and it can give false signals in choppy markets. But when you combine it with proper risk management and other analysis tools, it becomes a reliable part of your trading system.
Whether you're just starting out and need clear trend signals, or you're experienced and want another confirmation tool, the CM Super Guppy can help improve your trading decisions. Just remember to test any strategy thoroughly before putting real money on the line.
