I watched the handful of video Watkins posted since Dec 2 to get a feel for how he's using Moxie and the other indicators and to learn his strategies. It seems he mostly isn't entering a trade quickly after Moxie triggers but often waiting for a pullback to a moving average or other support. Anecdotally, other types of triggers that occur immediately after the Moxie trigger look like they usually work though frequently go up a few ATR and then pull back all the way to entry before continuing higher.
I'd recommend watching a couple of his videos to get a feel for how he's trading with these indicators. Here's Simpler Trading's youtube channel filtered to show just Watkins videos.
https://www.youtube.com/c/SimplerTrading/search?query=watkins
I set up some charts matching his to make it easier to follow along in TOS while watching his videos. If anyone's interested in mimicking the rest of his indicators:
For 15m, 1h, 1D, 1W he's using:
8 and 21 EMA (cyan and reddish)
50 and 200 SMA (magenta and salmon-ish)
Two sets of Keltner channels.
1) One with either 1.5 or 2.0 factor (gray dashed lines)
2) One with factor of 3.0 (light gray dashed lines)
SqueezePro. Can use TOS's built in TTM_Squeeze or a clone from this forum. He doesn't use squeeze in his strategy.
StochasticSlow (not on 15m chart) with k=12 and d=3 and those plots are green and dark gray
Volume is set to overlapping and dark gray
He set his candle colors to light gray for both up and down candles
On weekly he's also got 30 SMA as green.
Sometimes I notice dark gray horizontal lines on his daily, weekly and monthly charts. I'm not sure if those are drawings or if it's VolumeProfile. If it's VolumeProfile, set "on expansion" to no. Set POC, VAHigh and VALow colors to gray. In the Globals at the bottom, set all 3 colors to match your chart's background (black in my case).
On monthly charts he uses just the 10 SMA (cyan) and 50 SMA (magenta). The lower study on that chart is only there to make that chart's scaling feel like the others versus having no lower studies. He doesn't use that lower study so you can put whatever you want there.