Trend indicators reddit. I get this from Market Structure now, but in the past.
Trend indicators reddit. I get this from Market Structure now, but in the past.
Trend indicators reddit Typically just look at the charts for a pullback then signs of continuation. Entry can be at the next ADX value > 30 is a strong trend. Honestly, the indicators are just substitutes for mainly areas of interest, overall market direction, current trend, and momentum. g: everytime a pivot high gets broken +1 to the trend score and everytime a pivot low gets broken -1 to the trend score. I also checked how Wikipedia has categorized investment strategies, and there was nothing else that could be applied to spot trading except trend following. Most of the time, by the time the algorithm determines a trend, the train has already left. E. But might need to change the setting completely for a shorter timeframe but I suck at day trading so I cannot recommend anything there. Lol. Best part of the indicator is long running profits, though back testing the super trend indicator provides bad results mostly due to large number of entry points. Indeed. 6. 8 works well for me on 30min charts to spot trend changes. If DI+ is more than 10 points higher than DI- and ADX is 30 and rising on the 5-minute chart, the trend strong and I trust a breakout more. I don't believe any exist. This example is an uptrend and traders will ignore all short trades (turns red) Enter long trades when the short term indicator flips back to longs (turns green). I’ve got the top-performing strategies based on Profit Factor, Kelly Criterion, and Win Ratio. Indicators depend completely on what your strategy is. Bet big = win big. Buy the DIP. Otherwise just moving averages on lots of different time frames. and would just like to share with you, what my favorite indicators for this has been: Dec 16, 2024 · In my trading, Williams %R, modified RSI calculation and custom TSI with Ketlner Channel for trend direction works best in Daily timeframe. I personally have not found any magic indicators that I use for buy/sell Feb 10, 2025 · I spent too much time backtesting some of the most hyped indicators on TradingView—so you don’t have to. 5. Maybe this can be used to adjust risk. Indicators: Alphatrend, MACD, and Supertrend, Squeeze; Types of option strategies backtested: long call/put, Debit spread, credit spread I'm focused on options and during the past months, I've been honing in on a 3 monitor setup that fits my workflow. Hate to be that guy, but the best indicators are the ones the most people are using. I just used to get a good understanding of why a certain indicator was being added to my chart. Personally candlesticks, volume and price history is all I rely on to plan a trend trade. What are some good volatility indicators I can use to guide the stop-loss for mean-reversion and trend-following strategies? the idea in most books (in fact, almost every book) was based on basic rules of trend following. The DI+/DI- values show how strong the positive or negative trend is. I get this from Market Structure now, but in the past. Hello, What are some good trend following indicators that don’t repaint that are good at capturing multi week- multi month long trends ? It is easy to identify the trend, but it is difficult to determine whether it has moved from consolidation to trend or from one trend to another trend. One indicator I find useful is the Moving Average, which helps me identify trends and potential entry/exit points. How? On the trend line or slightly below the trend line or when the trend hold and has clearly bounced off the trend Lately I had the idea of using a scoring system to track the market trend. I was thinking of using super trend indicator for exits while use some other indicators for entry. . When a trade is high probability, BET MORE. In this process, I started using TradingView and found a handful of indicators outside the "normal" ones like moving averages, rsi etc. I'm trying to make strategies based on different ideas than Trend following from now on. Since all assets have historical trends, the future price of an asset can only ever exists is only ever in 2 states: trend following (where the trend continues) or mean reversion (when the prices goes against the historical trend). Previous session volume profile, VWAP, 8-21-55 EMAs, properly drawn trend lines, horizontal levels of support & resistance, and trend based (3-point) fibs or measured moves. I also like to use the Relative Strength Index (RSI) as it helps me gauge overbought or oversold conditions in the market. The moving average is a versatile indicator that can be used in many ways. Price action and volume are the only real-time data. Manipulations also occur at the points where the trend is determined by MAs or HH-HL . Position sizing is a big theme. If it doesn’t serve a purpose, take it off the chart. 4. I also use it to define compression. For me, 9/20ema, vwap, Vol, and lvl2. I have yet to find any indicators that does the job for me. It is hard to respond to this kind of question because while this the question is reasonable, there isn't a publically available answer. It’s a little frightening how few repeat indicators are in this thread. We all know that when using a trend-following type strategy, we have to use a tight (trailing) stop-loss. And when using a mean-reversion type strategy, we have to use a slightly wider stop-loss. Also it can be extended with any indicator of choice by just adding to the score. Indicators can then be used for confirmation. The price relative to, and slope of the 5-day moving average is key for swing trading with the trend. Hi All, I have been studying super trend indicator. But remember a trend ends with a race to the moon (stacking power bars). Those buy and sell signals look Short term indicator parameters of 10, 3 Longer-term indicator parameters of 30,9 Initial stop loss via ATR Trade in the direction of the longer-term trend. All useless without a trading plan that describes how you use the indicators for entries and exits. Mar 18, 2025 · Learn about the indicators and tools that trend traders use to establish when trends exist and to find entry and exit points. Look at the indicators on the charts, they look good. Correct. ATR stops with interval 5 and multiplier 2. Indicators can be useful for confirmation or improving confidence in taking a trade or staying in one, but if indicators are your primary means of trying to catch setups, you're probably going to struggle. Know your TIMEFRAMES. asmpt dvvebt ejxiky onw tax nibne ldvf jwqxuv qnt dpjy wuvkut zksxtp jdlxs wzqxu rlxiff