accurate trend detection methods

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03/01/2021 at 9:56 AM #162804 quote

kevin12345
Participant

Average

hi,

is there an accurate trend detention method out there?

thanks

03/01/2021 at 9:59 AM #162806 quote

Nicolas
Keymaster

Legend

If you can definite in logic what is a trend, then it can be possible to code an accurate method 🙂

03/01/2021 at 10:13 AM #162810 quote

kevin12345
Participant

Average

when i look at i chart, i draw a straight line of best fit across all candles and if the angle with respect to the horizontal is greater than 0 then it is a uptrend. vice versus for downtrend.

03/01/2021 at 10:19 AM #162811 quote

kevin12345
Participant

Average

i guess moving average is a good starter

03/01/2021 at 10:41 AM #162819 quote
Nicolas
Keymaster

Legend
Ok, so you are looking at regression line slope, so you’ll get the same with:
```
bullish = linearregressionslope[max(1,barindex)] > 0
bearish = linearregressionslope[max(1,barindex)] < 0

return bullish coloured(0,255,0) style(histogram), bearish coloured(255,0,0) style(histogram)
```
03/01/2021 at 10:51 AM #162825 quote
kevin12345
Participant

Average
how does the return command work?
```
DEFPARAM CUMULATEORDERS = false

bullish = linearregressionslope[max(1,barindex)] > 0
bearish = linearregressionslope[max(1,barindex)] < 0
 
return bullish coloured(0,255,0) style(histogram), bearish coloured(255,0,0) style(histogram)

if bullish then
buy 1 contracts at market
endif

if bearish then 
sellshort 1 contracts at market
endif

set stop ploss 30
set target profit 45
```
says there is some error on the return line
03/01/2021 at 11:45 AM #162842 quote

Vonasi
Moderator

Master

You have posted strategy code. RETURN is only used in indicators. Nicolas provided indicator code. Delete the RETURN line in your strategy.
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