How To Setup & Use The Trend Trading IndicatorThis video gives an in depth explanation of each setting of the Trend Trading Indicator so you can understand how to set up the indicator properly and get your desired results.
We cover the following:
Master trend signals and settings
How to configure your master trend signal timeframes correctly
How to get rid of signals when the market is ranging
Each type of extra signal: strong all timeframe trends, pullbacks during strong trends, trend score signals and more
What timeframes and settings to use for intraday trading
Customizing the settings to get the results that fit your trading style
Make sure to test out your settings on various markets using historical data to ensure you have the indicator performing according to your specific parameters.
If you have any questions about using the indicator or the settings, feel free to reach out to us.
Happy Trading :)
Trendingmarket
Trending after its pullbackIn the two cases provided below, the case for the Sandbox and Decentraland are this market trending upwards. Similar is it for the case of Flux. Something to note is that flux is trending after its initial pullback.
Entry Price: 1.29
Stop loss: 1.24
Target Price 1: 2.00
Target Price 2: 2.27
Target Price 3: 2.93
The general sentiment in the metaverse tokens is that this market is trending and with other metaverse tokens trending would the market sentiment lead to the Flux token be trending in the long term.
Seen in this chart is the token is overbought in the short term and the MACD is about to close in the short term.
This is not financial advice.
Metaverse tokens are trending Following the argument listed in the analysis made on the Sandbox would this also imply that Decentraland would be trending upwards.
Entry Price: roughly 2.66
Stop loss: 2.57
Price 1: 3.52
Price 2: 3.98
Price 3: 5.02
RSI and MACD are opening upwards and are preparing to move upwards along the KC.
This is not financial advice.
GBPUSD Uptrend continues above 1.3150The PoundDollar is resuming its uptrend after a correction.
The price has behaved as expected stopping at the 50% retracement.
15 Mins Price Behaviour: Consolidation and Breakout at 50% retracement level.
We have seen the first impulse and a pause. This pause is an opportunity to Buy into the uptrend.
Stop Loss is still recommended to be the Low of Yesterday. We need to see another impulse before we can use this morning correction low 15Mins as a stop.
I encourage you to count the waves.
Always count 4 Impulse and 3 Correctives.
Trade with care.