trend following entry point

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04/18/2017 at 2:27 PM #32475 quote

Francesco78
Participant

Master

Hello everyone,

I was wondering wether a screener who identify good potential entry points for prices with a very well identifiable trend and that are retracing. For instance prices with a clean uptrend that are approaching the 20 or 50 moving averagefrom above and viceversa.

An other way of selecting good entry point might be picking up strong upward movement with RSI below 40 or strong downward movement with RSI above 60.

Many thanks for your help

04/18/2017 at 2:38 PM #32477 quote

Nicolas
Keymaster

Master

Any oscillator should do the job for this. Oscillators are made to give an hint about the center of the price. So if your trend is consistently going upward with the same “strength”, an oversold cross over should indicate a potential new buying zone.

04/18/2017 at 2:56 PM #32481 quote

Francesco78
Participant

Master

thank you Nicolas

04/18/2017 at 3:59 PM #32491 quote

Nicolas
Keymaster

Master

But any new discover worth being said, so please don’t hesitate if you find something relevant! 🙂
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trend following entry point

ProScreener: Market Scanners & Detection

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Francesco78 @francesco78 Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Nicolas
8 years, 10 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	04/18/2017
Status:	Active
Attachments:	No files

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