Trend Strategy by zdmre

25 thg 10, 2021

This Strategy is a trend following indicator. It is plotted on price and the current trend can be determined by its placement vis-a-vis price. It is constructed with just three parameters: Period, Multiplier and Entry/Exit Point with Superformula.

The default parameters are 14 for Average True Range (ATR) and 4 for its multiplier. The average true range (ATR) plays a key role in ‘Trend’ as the indicator uses ATR to compute its value and it signals the degree of price volatility. You should note that any changes to these numbers can affect the use of the Trend indicator.

While you using this indicator, you should not avoid putting your stop loss.

For a long position, you can put stop loss right at the red indicator line. For a short position, you can put it at the green indicator line. You can insert your own settings as well.

Using Trend Strategy along with a stop loss pattern is the best way for earning the best wealth in trading.

There is no best setting for any trading indicator.

26 thg 10, 2021

Phát hành các Ghi chú

Visual improvements.

2 thg 11, 2021

Phát hành các Ghi chú

Visual improvements.

8 thg 12, 2022

Phát hành các Ghi chú

Visual improvements.