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#1
30th November 2006, 05:49 PM
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Help on detection of Trend & its Reversal
To All SR. Members
Whether Trend is Up or Down that doesnot matter but one should catch a ship of Trend & leave it before its reversal I have Fibotrader Free software , trying to detect trend with so many indicators , reading book on candlestick pattern. But still not successful totally in early detection or at the innitial time of trend so I am in need of a software which will indicate that whether the share is trending , also which measures strength of trend & which can give early detection of reversal of trend. I have no Metastok or Amibroker as I am a Newbie here , Kindly tell me whether it has this facility or tell me which indicators i should use & how in fibotrader to detect trend early or its in innitial period along with detection of reversal of trend ( what is happening with me is when i noticed trend its nearly 30% journey is over & after that one reverse colour candle or doji comes i.e if trend is up , then for some prd it goes down & vice versa in this case how to recognise that it is not reversal of trend ) I am interested in short term trend only i.e. 6 to 10 days max. I also post the same thread in TechAnalysis Forum as it relates to working with TA indicators to trace trend & its reversal Kindly help me 
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