How to stay in a bullish trend using the trends indicator for Tradestation Securities
How to stay in a bullish trend using the trends indicator for Tradestation Securities. One of the oldest maxims in trading is ‘let the trend be your friend’. But as we all know this is easier said than done! Why? Because first of all you have to identify a trend and then you have to stay in it, which is one of the hardest things to do in trading
Staying in a trend to maximize your profits is extremely difficult. In addition, how do you know when a trend has started? It’s very easy to look back and identify the trend, but not so easy at the live edge of the market.
As this is where the Quantum Trends indicator for Tradestation can help you. It is the ‘sister’ indicator to the Quantum trend monitor. Together they go hand in hand to keep you in and surfing the trend. The Quantum Trends indicator describes the trend graphically as it develops working at the live edge of price action and so moves quickly to highlight the potential start of a new trend.
And most importantly the trends indicator signals when a market is moving into a congestion phase, by painting the trend dots in a neutral grey, giving you the information you need in a timely and clear way. When these trend dots appear the market may simply be pausing, or even reversing, but this early warning signal gives you an immediate heads up that the trend is weakening for the time being. Trends themselves are then described with either red or blue depending on whether the trend is bearish or bullish, and so giving you the confidence to stay in to maximize your profits.
The Quantum Trends indicator can also be fine-tuned, giving you the right tools for the right job. If you prefer scalping, simply adjust the settings accordingly and increase the sensitivity. But if your approach is longer-term, perhaps swing or trend trading, simply adjust the control and decrease the sensitivity. The MT5 Quantum Trends indicator works in all timeframes for both the standard and custom charts, and as you with all the other Quantum Trading indicators work with all the asset classes available on the Tradestation platform including stocks, indices, commodities, cryptocurrencies, and of course forex.
How to stay in a bearish trend using the trends indicator for Tradestation Securities
Staying in a bullish trend using the trends & trend monitor indicators for Tradestation Securities
Staying in a bearish trend using the trends and trend monitor indicators for Tradestation Securities