LabTrend - page 28

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john.brave
23
john.brave  
What is the purpose you use labtrend? can explain to me how the use of it?
Sergey Golubev
Moderator
109181
Sergey Golubev  
john.brave:
What is the purpose you use labtrend? can explain to me how the use of it?

LabTrend is improved AscTrend.

Because AscTrend was based on AbleSys trading software (AscTrend was not created for Metatrader in the very beginning).
So, the people wanted to create AscTrend which will be fully adapted to Metatrader. And they named this new AscTrend as LabTrend (on the name of the yahoo group of the main LabTrend developer - igorad).

Forum on trading, automated trading systems and testing trading strategies

PriceChannel Parabolic system

Sergey Golubev, 2019.03.10 06:34

PriceChannel Parabolic system is not the same with Brainwashing.
PriceChannel Parabolic is new development (with many versions but new ones).

Brainwashing system can be compare with AscTrend and with BrainTrading - 

  • AscTrend system -  you can receive the signal (receive a signal on the main chart as dot or arrow = signal system) to buy or sell when the trend is already established. You do not care much about false entry. You should care about where to exit (because you may receive buy/sell signal in the end of the trend).

  • BrainTrading system. You are receiving the buy/sell sigbnal in the beginning of the trend. The trend is not yet established, and it may be many false entries. But you do not care about exit, because 2 BrainTrading insicators are working as stop loss and trailing stop. Means: if you got good entry so you can just follow the indicators for exist.

  • Brainwashing. You can get valid buy/sell signal in iTrend indicator agrees in that. Irrespective off - good trend, ranging market condition, high impacted news events coming - you can get the buy/sell signal confirmed by iTrend indicator.
    The Brainwashing system is often used to recover deposit after losses.


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