GoombX Light - Get in the trend

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

Versionsinformation:

Changed alert conditions to match GoombX Light signals only

Versionsinformation:

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