remigoomba

GoombX Light - Get in the trend

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

It produces clear signals for:

- BUY when it detects a significant MA cross and the right stoch RSI conditions OR when the SELL signal hits a Stop Loss (adjustable in settings)

- SELL when it detects a significant MA cross and the right stoch RSI conditions OR when the BUY signal hits a Stop Loss (adjustable in settings)


In testing it it performed best on daily chart with a 14 days Lookback window.

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

I offer a full featured version which prints STOPS and trade CLOSE. Contact me on Twitter for details on how to gain access.


To setup an alert with GoombX Light, follow these steps:

- Set up GoombX Light 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 (BUY or SELL)
- Under Options, choose "Once per bar close"
- Create
Release Notes:
Changed alert conditions to match GoombX Light signals only
Release Notes:
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

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact remigoomba for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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