Goby Momentum
- Indicators
- Tiofelo Da Olga Gilbert Teles
- Version: 2.0
- Updated: 26 April 2025
- Activations: 10
1.CONSTITUTION
Goby Momentum is a momentum indicator based on the Stoch. It consists of one momentum oscillator and three floating levels (upper, middler, lower). The inputs can be used to adjust the oscillator, the floating levels and the alert signals. It is designed for the MT5 platform only.
2.OPERATION CONDITIONS
Buy signal:
- Goby [dotted line] crosses one of the levels crosses from bottom to top.
Sell signal:
- Goby [dotted line] crosses one of the levels crosses from top to bottom.
This operation can be adjusted by inputs according to the trading style of each trader.
3. RECOMMENDATIONS
Generally, we use this indicator with trend filter on the RENKO CHART for SCALP.