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Mobius Volume Wave, Trend Pivots and RSI Laguerre: This Strategy Is Based On Mobius's TOS Chat Found On
Mobius Volume Wave, Trend Pivots and RSI Laguerre: This Strategy Is Based On Mobius's TOS Chat Found On
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