Hello, what indicators have you found to be the best a detecting trend detection?
Favourite trend indicator
what is everyones favourite trend indicator?
moved your post to trend indicators' post.
Naikosen - Trading System
Also guy's you can check out this system - Naikosen (gbp-jpy.com).
Thx for sharing these indicators
Any ideas what the best trend indicator is?
I'm talking about an indicator that detects the begining of trends, continuation & end of trends.
This would be very useful so you just watch this indicator & only take trades when the trend begins & ride it till it ends.
Sounds good to me.
Can I have one as well please
What you're asking for does not exist, as it is a mathematical impossibility. No algorithm can predict or report whether the current trend has ended. The trend must actually end before the indicator will report it, so the indicator is always late. Often, it's so late that "riding it" results in a loss. In fact, the trend can end at the very moment you trust the indicator enough to open a trade. Then the indicator will betray you by not telling you until you're losing money.