Rob Booker - Reversal
Trend, RB rev
- What it shows
Marks on the chart where a moving average cross and a stochastic reading agree, as a possible reversal.
- How it is built
It combines a fast and a slow moving average with a stochastic oscillator and marks the bars where they line up.
Default: Fast MA 12, slow MA 26, K period 70, slowing 10.
- How traders read it
- Marks are a prompt to look at the chart, not an entry rule.
- Works best with a confirming view of price.
- The settings change how often marks appear.
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