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Mobius Volume Wave, Trend Pivots and RSI Laguerre

This strategy is based on Mobius's TOS chat found on JohnnyQuotron's OneNote


Mobius states that the three indicators should be positive, on three timeframes. With each timeframe agreeing sequentially, one SOON AFTER
another.
Which timeframes you ask?
Here is a summary of how to determine what timeframes to use:
https://www.babypips.com/learn/forex/time-frame-combinations

Shared Chart Link: http://tos.mx/VT8dkRc


Find out more about these indicators:
Mobius Trend Pivots: https://usethinkscript.com/threads/trend-pivot-indicator-by-mobius.1631/
Mobius Volume Waves: https://usethinkscript.com/threads/mobius-volume-waves-for-thinkorswim.8038/#post-76591
RSI Laguerre: https://usethinkscript.com/threads/rsi-laguerre-with-fractal-energy-for-thinkorswim.116/

Below is an example of the three indicators agreeing on the 15min timeframe.

 Price is bouncing up off of support


 Positive volume wave
 RSI is crossing above oversold

What happens next?

 We want to now wait until all three are in agreement on the 1hr timeframe
 Once that happens, we wait until we have agreement on the 4hr timeframe. At which time, Mobius states you have an established trend.

Even that ain't perfect. Large market forces suddenly interfering will always be something that can't be predicted.
The concept for a scanner: To provide a pool of potential equities that can be watched to qualify for this strategy.
Keeping with the idea of scanning for just one of the indicators per timeframe.
It looks for support on the 4hr and positive trend/momentum on the 1hr.

The 3rd filter is optional. Personally, I always limit my trades to strongly uptrending long-term instruments.

There are many other combinations. This provides a framework for creating scans that fit your trading style.
The studies used in this scanner:
Trend Pivots shared link: http://tos.mx/w7tYt4o
RSI Laguerre shared link: http://tos.mx/oMLCWWb
Long-Term Trend shared link: http://tos.mx/hRmpOVl
 

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