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Pattern , sr, zz, and couple of news are best way to identify trend
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.
Hi friend, you need to find your own, i for example use a couple moving avareges (one fas and one slow) in the daily, if the slope is X big then i consider that a valid trend to enter, i backtested this signal for 20 years and it is a pretty profitable entry, but you need to figure out exits, risk reward, and tons of things more..
Forum on trading, automated trading systems and testing trading strategies
Candel Sticks Indicator and Filters
Sergey Golubev, 2025.04.17 15:51
From Novice to Expert: Programming Candlesticks
1. Price Action & Structure (Most Reliable)
2. Moving Averages (MA)
3. ADX (Average Directional Index)
4. Trendlines & Channels
5. Multi-Timeframe Analysis (MTFA)1. Price Action & Structure (Most Reliable)
2. Moving Averages (MA)
3. ADX (Average Directional Index)
4. Trendlines & Channels
5. Multi-Timeframe Analysis (MTFA)Do you put this in order from 1. being the best and 2. being the second best? I have only been trading a few years, and I'm wondering which is ultimately better between trendline trading and moving averages
Look at the chart with the naked eye ,If you can't identify a trend by looking at the chart you should not be trading.
That's a naked fact :)