================== True; or more accurately,partly true anyway. Thats a preference; not a requirement for a trend. Moving averages like 200dma..........; help a lot, in trend measure, trend end, trend friend.
========================== Well, this does not '' nail it everytime'', LOL. But neat thing about a trend; a trend, tends to trend , more than end..... PSAR[parabolic stop & reverse] doesnt nail it every time, but note the neat way it tightens up as a trend gets more extended
Perfect Indicator for When The Trend is OVER... When you start loseing money everyday...I would say the trend is over... Really. just breaking the 30 MA ,is enough to tell the trend is over
I find these rules to be very effective in determining the end of a trend. If there isn't divergence, the trend is continuing. Evidently they measure divergence in several different ways but if you combine them together .. its very useful. Nice work here. http://www.rsksys.com/spdivergence.html
I like the Trader Vic steps- but he forgot step #4: If you aren't in by this time, it's too late- you already missed it