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Whats the Best Trend indicator?

  • #21
  • Oct 22, 2011 2:48pm Oct 22, 2011 2:48pm
I like this. You can run it on multiple timeframes to get an idea of trend on different tf's but it may slow your computer down. You can also add Break out lines to it to give you an idea of strength. It measures the Slope of the Jurik moving average or the Instantaneous MA. It slows my crappy netbook down too much but a better processor might handle multiple pairs on multiple TFs
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File Type: mq4 JMASlope_MTF.mq4   3 KB | 595 downloads
  • #22
  • Oct 22, 2011 2:50pm Oct 22, 2011 2:50pm
DK came here and asked a question of the forum so I think he has a good sampling of opinions at this point - for the fund I traded for two years, I combined dynamic position trading (continually trading around a core position) with trend following. Price action alone can definitely be used to determine trends and indicators do not have to be relied upon.
  • #23
  • Oct 22, 2011 2:51pm Oct 22, 2011 2:51pm
Quoting vilas

BTW, Live Stream, I have sent you a PM. Shall thank you for guidance !
Thanks - got it.
  • #24
  • Oct 22, 2011 2:54pm Oct 22, 2011 2:54pm
Quoting deankenny21
trying to improve my trend analysis is what im doing now to pull few more of those pips out.
Best way I do that is Dynamic Position Trading - trading new positions continually around a core held position while taking profits out of the ongoing oscillations of price (while following higher time frame trends).
  • #25
  • Last Post: Mar 13, 2015 9:53am Mar 13, 2015 9:53am
Quoting LivestreamFX
Trends are all over the place and they are easy to spot (and follow) - they are of course relative to adjusted time frames but I can deal with that. There are ways to verify trends and traders who spend most of their time following trends will do a heck of a lot better than traders fighting them while counter-trending (the historical probabilities & statistics analysis supports this). My advice, if you are a trader who is not yet profitable week to week - STOP counter-trend trading! ONLY look for trends and follow them - spend all your time studying...
Hi Livestream
I saw your very nice trend indicator and would like to go with it. Would you kindly share it ?
Thanks Wolfsch her or via email: wolfgschiller at web dot de
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