 When Is A Trend A Trend?, Trend Identification |
 Mar 13 2009, 12:17
Post
|
||
 |
QUOTE (Arnaud Jeulin @ Mar 13 2009, 9:01)  a trend on the hourly chart could be only a retracement on the daily chart. It's very hard to find the exact point where a retracement becomes a trend. This is why I develop the indicator ForexTrend. It gives me a visual indication to confirm the trend.
Is the forex trend indicator available to us? Or does it remain a proprietary tool? Thank you Hans |
|
|
Mar 13 2009, 13:52
Post
|
|
|
|
You can have the indicator with prorealtime :
http://www.prorealtime.com/common/partner....&from=mataf |
|
Mar 15 2009, 8:21
Post
|
|
|
|
QUOTE (trendmaniac @ Mar 12 2009, 21:48) At what stage is a trend a trend? When a series of how many higher lows are connected is it a trend as opposed to a retracement? Does one measure a trend on a daily chart only? Am I right in thinking that a chart of shorter duration can not show the trend of a pair, but rather only retracements? Thank you Use the PRTime charts and they can alert you to exit a trade when a retracement takes place and then renter when it stops retracing. This helps me maximise pips from an intraday trade but you have to be at your PC throuighout the trade, available for each M15 period. It also helps me not lose too much when trends actually change |
|
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
Similar Topics
| Topic Title | Replies | Topic Starter | Views | Last Action | |||
|---|---|---|---|---|---|---|---|
 |
1 | toros | 3,380 | 6th April 2006 - 22:51 Last post by: dieupip |
|||
|
0 | moise | 3,082 | 19th July 2006 - 8:32 Last post by: moise |
|||
|
1 | nighty2k | 2,598 | 22nd July 2006 - 9:16 Last post by: jctrader |
|||
|
0 | Saxo Banque | 1,469 | 6th June 2008 - 7:49 Last post by: Saxo Banque |
|||
|
0 | Saxo Banque | 1,838 | 18th June 2008 - 7:54 Last post by: Saxo Banque |
|||
| Lo-Fi Version: When Is A Trend A Trend? - Forex Forum |