Trading with the help of a trading system keeping in mind the slope of 200 Moving Average and estimating the strength of the current trend and displaying the parameters on the chart can be very useful..........
200 Moving Average rising up:
- Slope of the line is above 45 degrees then trend very strong
- Slope of the line is below 45 degrees then trend strong
- Slope of the line is below 10 degrees then current trend may come to end
- Slope of the line is almost 0 degrees then No Trend and wait for next move
200 Moving Average falling down:
- Slope of the line is below 315 degrees then trend very strong
- Slope of the line is above 315 degrees then trend strong
- Slope of the line is above 350 degrees then current trend may come to end
- Slope of the line is almost 380 degrees then No Trend and wait for next move
Can someone please share the afl if it exist.........
200 Moving Average rising up:
- Slope of the line is above 45 degrees then trend very strong
- Slope of the line is below 45 degrees then trend strong
- Slope of the line is below 10 degrees then current trend may come to end
- Slope of the line is almost 0 degrees then No Trend and wait for next move
200 Moving Average falling down:
- Slope of the line is below 315 degrees then trend very strong
- Slope of the line is above 315 degrees then trend strong
- Slope of the line is above 350 degrees then current trend may come to end
- Slope of the line is almost 380 degrees then No Trend and wait for next move
Can someone please share the afl if it exist.........