TGXV originally Top Goon(X) is a momentum based oscillator that ranged between -2-2
Use it as any normal momentum based oscillator
TGXV gives you Bear trend signals and bull trend signals with their respected symbols
the continuous dots are indication of trend momentum strength the more in a row you have the stronger the trend spotty and it is neutral if your move does not come with TMS dots then its probably fake
Stalled PA against resistance with TGXV falling is bearish Stalled PA against support with TGXV rising is bullish
ranged between the upper parallel is bullish and lower is bearish
when an extreme is met TGXV will give a short or long call.
this will be updated as we move forward MSG me for details on how to attain access or visit
TG XV is the best tool on the market for spotting trend continuations and upcoming trend reversals. Based on the original Top Goon X I made to parameters larger so Top Goon is not ranged bound between 1 to -1 as the original
All the same logic and signals are the same
What it provides: - Strong buy approaching signals : green + - Strong short approaching signals : red x - Pull back zones algos - Bullish and bearish divergence markers with cyan for bear and yellow for bull
TGX will trend in the upper parallel when bullish and bottom when bearish towards the end of the trend is when you will see TGX "reset" for one last push up, albeit that push can run as long as it the market wants
It is reliable from weekly time frames all the way down to 1 minute time frames!