Some way to find trend

Discussion in 'Technical Analysis' started by SEALAND, Jan 5, 2015.

  1. lindq

    lindq

    Trying to define a trend is much like trying to define pornography. You know it when you see it.
     
    #11     Jan 10, 2015
    i am nobody and i960 like this.
  2. SEALAND

    SEALAND

    This is my simulation result for Chinese stock market index in 2009; I donot know how to get 60min , 30min , 15min stock data in excel format, is anyone can help me with that? SZ 000001 60min.jpg
     
    #12     Jan 11, 2015
  3. SEALAND

    SEALAND

    This is for recent couple of month
    SZ 000001 60min  .jpg
     
    #13     Jan 11, 2015
  4. %%%%%%%%%%%%%%%
    200 day moving average was a very good measure of a trend; as IBD noted.And it still is a very good way to measure a trend............................................................................................................................................................................
     
    #14     Feb 3, 2015
  5. Defined trend on the hourly chart does not grantee the 1-min chart will run in the same direction. Reversals on hourly charts starts from 1-min chart. Price on 1-minute chart could run for several days in opposite to hourly chart price-trend until you see confirmed rend change on hourly chart.

    Your strategy may work during long-term bullish trend when volatility is low and it is take time for radical price trend changes. I do not think it will work in highly volatile markets. Check the current S&P 500 hourly and 1-minute chart now when when we have high volatility - you may have 1.5% trend changes within a single session and if you use hourly charts now to define trading on 1-minute chart you will be buying at the top and selling at the bottom.
     
    #15     Feb 7, 2015
  6. Buy1Sell2

    Buy1Sell2

    Certainly hourly trend does not mean that 1 min or 5 min will run the same direction. However, over the long run, 1 min and 5 min trades taken in the direction of the hourly, will have a tendency to run further, with less obstacles, and be more profitable than trades against the hourly trend.
     
    #16     Feb 7, 2015
  7. stephane

    stephane

    You cannot define a thrend without knowing which timeframe we are talking of.

    Here AJ daily is in a downtrend (roughly)

    AJ_Daily.png
    But on the monthly it is rather an uptrend (here again roughly)

    AJ_M.png

    What may be seen as a consolidation on this monthly lookslike a nice full trend on the daily.

    Therefore, you must defint which TF is your trading TF and which Tfs is important to define the trend.
     
    #17     Feb 13, 2015
  8. Scaleout.Scalper

    Scaleout.Scalper Guest

    Except ET is so full of amateurs the concept of multi-timeframe is unknown to them or considered a waste of time.

    Nice to see someone approaching this crap the right way.

    Now tell them how to determine which is the TF commanding the rest :)
     
    #18     Feb 13, 2015
  9. Buy1Sell2

    Buy1Sell2

    DUH
     
    #19     Feb 13, 2015
  10. I think the best way to show what to trend means to you is by posting a chart.
    For me the optimal trend is to buy at the low and sell at the high of every significant move.
    If you want to define the trend you should define these points. Who can tell me how to do that? :confused: buy or sell.jpg
     
    #20     Feb 15, 2015