ＴＲＥＮＤＩＮＡＴＯＲWelcome traders.
This is ＴＲＥＮＤＩＮＡＴＯＲ , the best indicator to trend following trading.
It consists of four elements:
1 - The cloud: Formed by two moving averages that cross each other and varies from red color ( bearish trend ) to green color ( bullish trend ) depending on the short trend. They are more sensitive to price changes.
2 - The power line: A slow moving average of purple color. It shows the mayor trend. Doesn't change color.
3 - The cloud cross visualizer: It's a background vertical stripe, trigged every time the fast moving averages, varies from red color ( bearish trend ) to green color ( bullish trend ).
4 - The Table: helps to better visualize some risk management things.
¿How to use it?
-If the cloud is green buy on every pullback and vice versa. Watch out for the purple line trend.
-A vertical stripe event shows you that a new trend haves started. So it's a good idea to enter on the next pullback with Buy #1.
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Telegram: @trendinator
