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GoombX v1.1 - A trend catcher

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This is an MA and stoch RSI based indicator which looks for particular crosses to identify strong trends.

It produces clear signals for:

- LONG ENTRY when it detects a significant MA cross and the right stoch RSI conditions
- LONG EXIT when certain stoch RSI conditions are met
- LONG STOP when price moves x% below entry (default 10%)

- SHORT ENTRY when it detects a significant MA cross and the right stoch RSI conditions
- SHORT EXIT when certain stoch RSI conditions are met
- SHORT STOP when price moves x% above entry (default 10%)


In testing it it performed best on daily chart with a 14 days Lookback window and 10% stop loss


NOTE that a signal is only definitive once the trigger candle has closed



To setup an alert with GoombX, follow these steps:

- Set up GoombX on your chart with the desired parameters and Time Frame
- Click on alerts in the right side of the screen and then Add (+)
- Under Conditions, choose the alert you are looking for (LONG ENTRY, LONG STOP,....)
- Under Options, choose "Once per bar close"
- Create
Sürüm Notları
Update 1.3:
- Changed the STOP print as a signal for a move the other way
- Tidied up the alerts (only 3 to set up now instead of 6: BUY, SELL, EXIT)

Net effect: more entry opportinities
Sürüm Notları
Bug Fix:
- 0% SL now working as expected in all cases

Update:
- New Alerts prints ticker, exchange and price automatically
- Added 0.5% steps for SL

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.