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JerryTravels
Sep 13, 2021 9:02 AM

Jerry Romine Momentum Dream With Risk Management 

Microsoft CorporationNASDAQ

Description

The Momentum Dream Indicator with Risk Management is really two powerful indicators combined in one.

The Momentum Dream Indicator is a volatility and momentum indicator that measures the relationship between the Bollinger Bands and Keltner Channels to help identify consolidations and signal potential breakouts.

MOMENTUM DREAM INDICATOR:

SIGNALS AND ZONES:
  • Green Arrow = Post Squeeze Buy Triggered = GREEN ⇧ shows squeeze out on upward momentum (often a good time to buy)
  • Orange Arrow = Post Squeeze Sell Alert = ORANGE ⇩ shows squeeze out on downward momentum (often a good time to sell or NOT buy)
  • Green Dot on Chart - Day one of the buy zone
  • Green Shading - Buy Zone
  • Pink Dot on Chart - Day one of warning zone
  • Red Shading - Warning zone. Often a good time not to buy or to consider selling.

LABELS (Color Indicates Direction):
  • Momo Up / Down = Current momentum direction.
  • Squeeze = Squeeze is on and squeeze line dots are red.
  • Dots = number of day or bars the squeeze has been in red(on)
  • Squeeze Fired = Green or Orange arrow shows squeeze fired direction.
  • Stacked = Fibonacci 8, 21, 34, 55, 89 EMA are stacked up or down

SQUEEZE LINE COLOR DEFINITIONS:
  • Dark Red = Extra Squeeze (In & Out)
  • Red = Original Squeeze (In & Out)
  • Pink = Pre-Squeeze (In)
  • Yellow = Pre-Squeeze (Out)
  • Green = Bollinger Bands are officially outside of Keltner Channels

STRATEGY
There are multiple ways the Momentum Dream Indicator can be used.
1. Buy/Sell during the squeeze (generally lower volatility and lower option premiums)
2. Buy/Sell when the squeeze fires to catch the breakout (volume/volatility often increase)
3. Use Buy/Sell Zones with other signals for entering positions
4. Use Momentum to assist with position direction
5. Use fading momentum to tighten stops or close positions.

* The labels only show when certain criteria are met. For example if a squeeze fired the label only shows on that day but the indicator arrow will always show. For this reason the labels on the chart above will vary from day to day and only alert you when needed. :)

RISK MANAGEMENT INDICATOR
Risk management is a vital part of investing and this indicator provides 2 recommended positions sizes. One based on the classic 1-2% risk rule where you never risk more than X% of your account. A second based on position size not exceeding X% of your account.

The Risk Management Indicator does all of the hard math and provides you with a realistic trading plan, position size, and trail stop based on your customizable criteria. If you’ve ever wondered how much of a stock to buy, when to sell and when to take profits this indicator is for you!

Please Use the link below for more information or to purchase.

Release Notes

Release Notes

Updated to V5
Comments
david.feldstein.7
why are you collecting tax, unless you are based in Florida and the rate is wrong based on the county??
JerryTravels
@David.feldstein.7, PayPal calculates sales taxes based on your local taxes which are determined by your PayPal account profile.
Lbruski
Ola Jerry tudo bem ? Pode me ajudar com a liberação dos Script meu usuario e Jean Mayco da Silva
letsgetafterit123
HI JERRY
Im in the same predicment as this guy:
Hi I paid for the subscription and filled out the form, but I still don't have access to the indicator. Could you please help me get access? Thanks
Can you help? Avi Rosen avi@avirosen.ca
JerryTravels
@letsgetafterit123, we just double checked and cannot find your subscription. Please PM me your subscription ID so we can get you sorted. I'll send you a PM as well.
jimmylpz
Hi I paid for the subscription and filled out the form, but I still don't have access to the indicator. Could you please help me get access? Thanks
JerryTravels
@jimmylpz, we sent the authorization for to your *.*hotmail.com email address and did not complete form which is quick and easy but needed. Check you PM here.
denny20184342
please forgive me Jerry, as I may be messaging you in the wrong location, but am just trying to set up for my trading week. I am still learning to navigate the discord and patreon group of yours that I am a member. Can you please kindly grant me access to the 3 highlighted indicators that you offer for trading view premium members. Im sorry for asking in the wrong spot.
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