Most reliable long term indicator
I'm looking for your opinions.
What do you think is the most reliable indicator for telling what the current long term trend is?
My humble opinion is custom drawn trendlines but they are a little bit pain in the ass because I don't know any good way to automate them so I'm looking for a little bit more automated method
need help with this indicator!
i have the trendline indicator that draws the trendlines and support and resistance lines but the problem is it draws the support and resistance lines on the last point of the trendlines.
i would like the support and resistance lines to be drawn on the current bar that is being made, so they will be horizontal line thats show a trendline break. i hope you understand
can anyone help!
Which Trend indicator do you guys think is the most accurate?
I cannot understand this indicator
both lines are mirror of the other ... why both of them are needed ?
Awesome. It's similar with that indicator hellkas...
In your experience use this indicator, What is the best setting for this one ?
BTW, Many many thanks for you hellkas.
I wonder what settings you guys use in this indicator?
RED = Downtrend, Green = Uptrend.
Long when green line cross red line upward, but this case could be late entry in a minor trend. Short position vice versa.
Aggressive entry when you see the Red/Green line cross the bottom 3 level lines upward.
If you see Red/Grend line playing around in the middle, choppy market mode.
This is what I feel about this indi for the past 2 weeks. Hope this help.
And what are the settings? It moves so quickly that you gotta react properly?...
I put it as default setting, Progession=3, Len=12, if you put it to lower timeframe, you play with the Len setting, I myself attach this indi in H4 and Daily chart only, it looks good.