Skip to main content
All CollectionsIndicatorsFAQ
Moxie Indicator Trader Glossary & Checklist
Moxie Indicator Trader Glossary & Checklist

Below you will find a helpful glossary for the Moxie Indicator Trader.

A
Written by Admin
Updated over 2 years ago

The Moxie Indicator Trader glossary is a list of terms relating to a specifically to the Moxie Indicator. Also the glossary provides some helpful rules and checklist.

Moxie Indicator Trader Glossary

2-part ENTRY rule – Moxie Indicator over or crossing over zero and price over 50 SMA

2-part EXIT rule – Moxie Indicator under or crossing under zero and price under 50 SMA

Out of phase / Tail wagging the dog – Price leading the indicator instead of the indicator leading price

Elf Shoe – Leg, Heel, Arch, Ball, Elf toe  (double bottom)

Moat - distance between 8/21 EMA, or 50/200 SMA

Moxie Indicator price trigger – Green arrows on price chart when the Moxie Indicator crosses up through zero, red arrows on a chart when the Moxie Indicator crosses down through zero

Positive / Negative divergence – Moxie indicator angle vs price angle

Trampoline move – Price below the 50 SMA but Moxie Indicator over zero

Trampoline move with backstop – Price below the 50 SMA but above or bouncing off 200 SMA and Moxie Indicator over zero

Inverse trampoline move – Price over the 50 SMA but Moxie Indicator below zero

15 min Moxies  - If they are spread from each other the direction is weak. If they are close together and look like one line, they agree with each other and have a strong direction

When looking for a long entry

1.       Look for positive divergence

2.       Look for elf shoe

a.       Double bottom

b.       Wide moat vs narrow moat

3.       2-part entry rule (typically reversal entries)

a.       Moxie Indicator over or crossing over zero

b.       Price crossing 50 SMA

4.       Trampoline move (typically continuation entries)

a.       Moxie Indicator over zero

b.       Price crossing 50 SMA

c.       Even stronger when price is backstopped by 200 SMA

Exiting a long

  1.       Look for a negative divergence

2.       2-part exit rule

a.       Moxie Indicator below or crossing below zero

b.       Price crossing 50 SMA

** Also prudent to take some risk off if price moves up so quickly that it outruns MA support. Remember, off the 8 back to the 8.

When looking for a short entry

1.       Look for a negative divergence

2.       Look for upside-down elf shoe

a.       Double top

b.       Wide moat vs narrow moat

*** Shorts are tricky and sometimes a fake-out. If you are going to short, getting confirmation is best.

Confirmation would typically be price getting rejected by the underside of the 50 SMA or an inverse trampoline move.

3.       2-part entry rule

a.       Moxie Indicator below or crossing below zero

b.       Price crossing 50 SMA

4.       Inverse Trampoline move

a.       Moxie Indicator below zero

b.       Price over 50 SMA

 

Moxie Indicator - Settings on Trading View

Moxie Indicator - Moxie Time frames

Moxie Indicator - Settings on TOS

Did this answer your question?