Best way to detect uptrend/downtrend?

[sivricmarijan]

What do you think, what’s the best way to detect uptrend/downtrend on a daily chart? Do you use some indicator for this (like Moving Average) and can you share the properties of this indicator, or you do it manually (and how)?

Thanks in advance!

[alanamc]

What do you think, what’s the best way to detect uptrend/downtrend on a daily chart? Do you use some indicator for this (like Moving Average) and can you share the properties of this indicator, or you do it manually (and how)?

Thanks in advance!

Basically I use Price Action patterns to identify trends. Such as higher highs when going up , Lower lows when going down, etc

[fxturtle]

Use 5 & 35 EMA on the 4HR. You’ll see when it is trending up or down or when it is about to range.

[sivricmarijan]

Use 5 & 35 EMA on the 4HR. You’ll see when it is trending up or down or when it is about to range.

I am currently trying with 50 SMA on a daily chart and it works fine. I assume you have some kind of moving average crossover strategy!