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In many years of research on automatic systems, I have seen many ways to earn money anti-tendentially. But it is extremely difficult to find a trend formula that is winning. My question here is very simple. A future product, a timeframe, a simple and basic trend rule that wins.
I don't ask for all the secrets explained, just a basic rule.
Can you help answer these questions from other members on NexusFi?
For me, once I stopped using lagging indicators and started thinking in terms of Price Action, my trend trading really took off. One hint...it's not easy with small stops. You need good capital to really make good money trend trading.
Thank you for your response, but I need something more concrete. For example: sp500, timeframe 10min, bollinger bands, buy lower band, sell upper band.
This is simple, antitendential and positive result.
NQ, using most any time frame. I like 5 or 10 minutes bars. No indicators. Using price action build a mathematical edge. Its only that simple. But I'm not sure anybody will give you their hard work for free. This is something you are going to have to build on your own. Good Luck.
I guess you are not a beginner, but buying lower BB and selling higher BB is the classic mistake beginners make, this will only work if the bands are flat.
Regarding trend indication, I use swing-points with a strength of 3, works great IMHO.
side chart with a 5 min
200 ema
long trades have to be above the 21 ema and in line with the 5 min 200 ema ( unless there is a mean reversion )
shorts are under the 21 ema and in line with the 5 min 200
when vwap changes from red to green or green to red, you always trade in the direction of the vwap
also only enter at the close of candles
boom
my whole system no joke
lagging indicators work
-P
"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
