Ways to determine the basic trend?

• 05/03/2023 at 5:50 PM #214086
  aldtrading

  What are your favorite reliable way(s) to determine the background trend on the go?

  Other than looking to the higher time frames and adapting your algo based on it it, I’m talking about staying the most autonomous possible

  

  aldtrading

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  05/03/2023 at 6:18 PM #214087
  aldtrading

  Looks like Roberto’s Stiffness Indicator could be really good for that, provided you find the perfect setting

  

  aldtrading

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  05/03/2023 at 6:21 PM #214088
  GraHal

  Uptrend – Higher Highs and Higher Lows (HH & HL)

  Downtrend – Lower Highs and Lower Lows (LH & LL)

  Above applies / works on any Timeframe.

  Attached illustrates above since 15:00 today on the DJI on 1 min TF.

  

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  05/03/2023 at 7:54 PM #214091
  phoentzs

  I mostly use very simple things like SMA10>SMA20 now… put them on the chart and go through the TFs. Depending on the index, a TF that gives the best signals stands out. Broadly speaking, it’s a kind of trend strength.

  

  phoentzs

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