Clear Trends

[U0000999]

Hello!

I need to find an indicator, which shows trends more clearly, it's necessary to choose the best time frame for trading: 10 min, 15 min etc.

Are there any..?

[aligator]

Hello!

I need to find an indicator, which shows trends more clearly, it's necessary to choose the best time frame for trading: 10 min, 15 min etc.

Are there any..?

Any type of moving average will give you an indication of trend. Perhaps if you better define "Clear Trends" and provide examples of what is or is not a clear trend then it would be easier to answer.

Cheers!

[U0000999]

there are trends when consecutive candles follow each other, and there are trends when candles alternate: either black or white. When the candles are homogeneous, this is a clear trend, when they alternate, this is a fuzzy trend. Fuzzy trend is better to define with Moving average, because MA may include alternate candles. It's a 2 different types of processes.

[aligator]

there are trends when consecutive candles follow each other, and there are trends when candles alternate: either black or white. When the candles are homogeneous, this is a clear trend, when they alternate, this is a fuzzy trend. Fuzzy trend is better to define with Moving average, because MA may include alternate candles. It's a 2 different types of processes.

There are indicators that will count the number of consecutive up or down bars for your kind of trend. How many consecutive bars would you consider as a sign of a trend? That is difficult to decide because if the number is too low one might be getting in too early, or if too high one might be getting in too late. Typically, more than 7-10 consecutive high or low bars occur not too often and when they do it is too late to get in a trade.

Aside from moving averages, ADX, and momentum type indicators there is no better way to see a "fuzzy" trend. However, in terms of price action a LL followed by a higher L has a higher probability that an up trend is forming. Alternatively, a HH followed by a lower H indicates the possibility of a down trend (kind of an ABC formation). This is what most professionals use to guess a potential trend, aside from knowing what to do next.

The bottom line is trends are at best a guessing game. It is the money management and understanding what makes the markets move that make a difference.

Happy trading.