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Best method to identify trend in forex

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Mohammad Ali
19571
Mohammad Ali 2013.09.23 20:40 

Hi guys, I just start a trading discussion about what the best method to identify trend. We know there are three type of trend:

1. Up Trend     2. Down Trend     3. Sideway.

How we identify Trend?

 

Thanks in Advanced. 

Alain Verleyen
Moderator
30737
Alain Verleyen 2013.09.23 21:14  
advali82:

Hi guys, I just start a trading discussion about what the best method to identify trend. We know there are three type of trend:

1. Up Trend     2. Down Trend     3. Sideway.

How we identify Trend?

 

Thanks in Advanced. 

If you want to start a discussion, maybe it would be better to give your method or idea.
gap2
49
gap2 2013.09.24 08:31  

The easy way is use , pattern , sr, zz, and couple of news .



KoT 009
44107
KoT 009 2013.09.24 11:23  
Chart Patterns are the best to identify trends. Not the candlestick patterns.
Alain Verleyen
Moderator
30737
Alain Verleyen 2013.09.24 11:47  
advali82:

Hi guys, I just start a trading discussion about what the best method to identify trend. We know there are three type of trend:

1. Up Trend     2. Down Trend     3. Sideway.

How we identify Trend?

 

Thanks in Advanced. 

This article should be interesting for you.
Jordi Bassaganas
3528
Jordi Bassaganas 2013.09.24 12:39  
advali82:

Hi guys, I just start a trading discussion about what the best method to identify trend. We know there are three type of trend:

1. Up Trend     2. Down Trend     3. Sideway.

How we identify Trend?

 

Thanks in Advanced. 

You can rely on these technical indicators to achieve your goal, Several Ways of Finding a Trend in MQL5
LotfiGhazouani
8
LotfiGhazouani 2013.09.25 16:59  
angevoyageur:
If you want to start a discussion, maybe it would be better to give your method or idea.

My best strategy to trade the trend is Ichimoku.That's a good way to determine the direction of the market.

I'm working with and it gives good opportunities.

gap2
49
gap2 2013.09.26 03:51  
yup ... may be these will help 
Files:
2.png 42 kb
Laurentiu Octavian Niculescu
6690
Laurentiu Octavian Niculescu 2013.09.26 06:59  

Indentifying the trend depends on the analyzed timeframe,

for the D1 timeframe the 200 EMA can be used:

  • if the 200 EMA slope is up and the price action is on the upper side of the EMA => uptrend
  • if the 200 EMA slope is down and the price action is on the lower side of the EMA => downtrend

I mention the daily chart because it shows the important trend,

on lower timeframes you could take as a trend what is only a correction of the trend on the daily.

gap2
49
gap2 2013.09.26 10:43  

Here is the sparing partner if looking for MA when it tranding the price will push out from the ribbon , the ribbon color reprecent the s & r and the price it self has it own s & r .

When price get loomed in side the ribbon get out soon or dont get in to the muddy water . test it at 4 h see if can be identify , not that hard to look how it work and where it goes . 

Each time frame has it own nuace and caracter be be learn , as far as it goes , thats never been any beter indicator more then price it self .

Candlestickis theonly way that can be easy read pattren , tf loweer better the sl will be muh smaller unless the account has better breeding , in with a reason out with a reason ...

scalper need lots of stamina ,  day trader need alots of thinking , possition trader even worse of stamina draining , unless ( dont mind miss or hit ) got some farm to bet .

Files:
303.tpl 7 kb
303.png 96 kb
Sergey Golubev
Moderator
93675
Sergey Golubev 2013.09.26 12:24  

There is the thread about it with some indicators and so on - Market Condition Evaluation :

1. Trend following

1.1. Primary trend
- Uptrend (bullish)
- Downtrend (bearish)

1.2. Secondary trend.
- Correction
- Bear Market Rally
- Flat (non-trading)
- Ranging 

2. Overbough/oversold ('top-and-bottom')

3. Breakout

12
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