Gnome Momentum Trader

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.