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MOBO

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Summary: The MOBO (MOmentum BreakOut) indicator attempts to identify momentum breakouts and provides possible entry and exit signals.
MOBO On the Charts
This indicator uses the standard deviation of the price action to attempt to predict possible breakouts in the preferred direction of trade. If a possible entry is found, a green signal is produced. Exit signals, or sell signals are produced with the red colour.
The parameters of the MOBO indicator can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "MOBO" Product Definition.
MOBO Products & Properties
Product Setting Product Variable Properties
MoboBands mobo dpo, midline, upper, lower, signal1, signal2
Example:
A simple strategy can be built by entering a trade when the buy signal is produced:
 chart.at15min.mobo.signal1 == true
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