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..
Please enable the necessary setting in your browser, otherwise you will not be able to log in.