PROTECTED SOURCE SCRIPT

Gnome Momentum Trader

3 046
Momentum Strategy Script


Lowest: Horizontal line (green), showing the lowest price within the range of bars
Vertical Lowest: Vertical line (green), showing the lowest bar within the range of bars
3.618: Horizontal line (lime), showing Fibonacci extension above highest price
2.618: Horizontal line (lime), showing Fibonacci extension above highest price
1.618: Horizontal line (lime), showing Fibonacci extension above highest price
0.786: Horizontal line (aqua), showing Fibonacci retracement above lowest price
0.618: Horizontal line (orange), showing Fibonacci retracement above lowest price
0.5: Horizontal line (yellow), showing Fibonacci retracement above lowest price
0.382: Horizontal line (orange), showing Fibonacci retracement above lowest price
0.236: Horizontal line (aqua), showing Fibonacci retracement above lowest price
1.618: Horizontal line (fuchsia), showing Fibonacci extension below lowest price
2.618: Horizontal line (fuchsia), showing Fibonacci extension below lowest price
3.618: Horizontal line (fuchsia), showing Fibonacci extension below lowest price



This is written for new traders, to help build Trading Strategy & learn the basics of Risk Managment, MA's, & Fib Levels.

Learn more on our website in my bio under Resources for Free Access.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.