Trend following trading system

#2
Can you turtle trading methodology in detail, and it will better if you explain it with some examples.?

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#4
most of the trading systems work.

i am actually looking for a system that tells me when are we in trading and when are we in trending mode - no no , plz dont tell me ADX is the answer. because it is not.

if someone has any ideas , plz share.
 

detrich

Active Member
#5
In my view to determine trading or trending market a single indicator is not helpful. A combination of RSI,MACD and long 50 and 100 Day exp moving average has to be considered for e.g. currently all the nifty indicators for weekly charts are somewhat flat( i am tracking through icharts for 3 years) and try zig zags a helpful method for trend determination ........, I just hope this help and best of luck tc
 

detrich

Active Member
#6
dear Karan first of all it is always good to hear from everybody and thank you for sharing your view. Basically in technical analysis the chief component involved is price. Price movement is depended on supply and demand of that asset. In real market the resources and ability to use that information between the participants is always asemetrical. For this purpose technical analysis is used to level the gap because the factors affecting an entity gets factored in by movement of price in a particular direction and by studying the price pattern you get a rough idea of overall market sentiment. By use of technical indicators along with basic charting tools you can decide when to buy. Because in this complex market fundamentals can overwhelm you
 

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