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In this article, we will consider the specifics of applying some trend criteria in practice. We will also try to develop several new criteria. The focus will be on the efficiency of applying these criteria to market data analysis and trading.

Trend is our friend. But we know little about this friend. If we ask ten traders what a trend is, we will probably get ten different answers. The only thing these answers might have in common is that a trend is a directional price movement. But as to what this direction should be, each trader will have their own ideas and options.

Of course, there are mathematically grounded trend criteria. But they may have certain disadvantages. For example, many criteria are adjusted to fit a normal distribution, while other criteria impose restrictions on the minimum length of the time series.

Let's try to develop our own trend assessments based on classical criteria. We will try to do it in such a way that the trend can say: "The trader is my friend."

Author: Aleksej Poljakov