What is the best way to determine trend?

Trading Discussion
1

Hello All,

Finishing up my strategy - will post it here later on - with a home brew indicator. One more thing:

What is the best indicator, or combi of indicators to determine the trend on H1.

– I now use the simple rule: Above Kumo Cloud = UP and Below = Down. But that is far from ideal.
– Same with Chinkou Span.
– Simply using an SMA / EMA gives wrong results in ranging markets

Very curious to the results.

Semper.

2

No one knows? Or no one wants to share?

3

Hey Mate,

Easiest way to detect trends are your eyes. Additionally you can 3SMA to identify trends. Would like to see your system

4

I do use my eyes. It’s merely to alert me on things happening, so i do not have to look in my monitors all day.

I only want to trade on the trend, not against it. That’s all.

5

When I first started, I used a combo; 5 period SMA, 3 period SMA and MACD when the 3 period is above start of an up move. When 5 period is above start of down move. Confirm by lining cross with MACD. There are tons of trend indicators you can find If you do a google search. You can also get some demonstrations of how to draw a trend line at baby pips school or Utube. Now I use my eyes, along with a 24 period SMA and fibonacci tool

6

Keep using eyes if you do not want to waste your time searching indicators.
Regards