Trend Strength

[goldpattern]

Directional movement can also be important when analyzing the slope. A negative and rising slope shows improvement within a downtrend. A positive and falling slope shows deterioration within an uptrend. Chart 3 shows the Nasdaq 100 ETF (QQQQ) with the 100-day Slope. A 20-day simple moving average was added to identify upturns and downturns. A Slope is rising when above its 20-day SMA and falling when below. Four key crossovers are identified on this chart (green/red arrows). Notice that the crossovers occurred before the Slope turned negative or positive. This is like a leading indication for the Slope. Also, notice the bounce after the negative cross in July 2008 and the retest after the positive cross in January 2009. These early slope reversals foreshadowed a move into positive territory or a trend change, but you should not expect an extended move after every moving average crossover. The 100-day Slope moved below its 20-day SMA in August 2009, yet QQQQ kept moving higher. A declining and positive Slope reflects less steepness in the advance. Notice how the 100-day Slope remained positive as QQQQ continued higher from September 2009 to January 2010.


Trade Bias
Slope alone cannot be used to participate in an ongoing trend, but it can be used with other indicators to identify potential entry points. In particular, Slope can be used for trend identification to establish a trading bias. A positive slope dictates a bullish bias, while a negative Slope dictates a bearish bias. Once a trading bias is established, a momentum oscillator can be used to identify potential entry points. The choice of momentum oscillator is really a personal preference. The example with Apple uses the 100-day Slope with 10-day Williams %R. The look-back period for the Slope should be significantly longer than the look-back period for the momentum oscillator. The Slope defines the bigger trend, while the momentum oscillator represents a subset of that trend. Chart 4 shows the 100-day Slope moving above zero in July to establish a bullish bias. Only bullish signals are considered for the momentum oscillator. These include oversold readings, centerline crossovers, or signal line crossovers. Williams %R does not have a signal line, but MACD and PPO do. The blue dotted lines show when 10-day Williams %R moves below -80% to become oversold. Notice that these readings correspond with short pullbacks in the stock. Except for the last oversold reading in early December, Apple resumed its uptrend soon after these oversold readings.

Relative Strength
The Slope of two (or more) securities can be compared to identify relative strength and relative weakness. The chart below shows Amazon (AMZN) with the S&P 500. Both securities are shown with the 20-day Slope (black). The blue vertical line marks a point in early November when Amazon had a positive Slope and the S&P 500 had a negative Slope. Amazon was clearly outperforming the S&P 500 at this time. In fact, when the S&P 500 bottomed in early November, Amazon led the way higher with a move from 117 to 143. Notice that Amazon moved higher even as the Slope moved lower. The Amazon Slope turned negative in mid-December and the S&P 500 Slope was still positive. This situation repeated the second week of January. Based on the Slope comparison, Amazon went from relative strength in November to relative weakness in December and January. During these two months, the 20-day linear regression for Amazon was sloping down while the 20-day linear regression for the S&P 500 was sloping up.


gold signals

Gold Forecast

Slope measures the rise-over-run of a linear regression. In general, an uptrend is present when Slope is positive and a downtrend exists when the slope is negative. The timeframe depends on the number of days. 10 days covers a short-term trend, 100 days a medium-term trend, and 250 days a long-term trend. As with typical trend-following indicators, Slope lags price and reverses after an actual top or bottom. This does not, however, detract from its usefulness. Trend identification and trend strength are important tools, even for traders. As with moving averages, Slope can be used with momentum indicators to participate in an ongoing trend.

[hair]

Honestly I never use any signals, I don't want bots to control my finances. but for reference, I think we can use signals for when trading. always use analysis and control your emotions and thoughts

[lepbagong]

As a reference, of course, you can use it, but the problem is that how to read it needs to be studied first, because it is clear that this requires knowledge to read the available graphics to make sure whether it is in accordance with what has been the reference that has been done.

Trend Strength

Trade Bias

Relative Strength

actually try to analyze with simple graphs and easy to do from what is already available in CMC/CG, or from the experience that occurs from the movement of the coin that we want to do. because the characteristics of coins are clear from year to year will be the same and rarely out of practice.

trying to do with what we have and juxtaposing with methods that are indeed widely available is also doable, but it all comes back to us. what we consider very well used.

[jhm]

I share a similar view with @hair

Don't take on signals via humans ...those selling them are doing that for a reason. Reason being: There's more money in selling signals for them, than actual trading. The vast majority of "truly" successful traders don't share their trades or their strategies out of the goodness of their hearts

[Rinat8368834]

The sealed trend can be understood by observing a large impulse movement after which there was a small broach, but there was no big correction. In this case, the trend can be called strong. It is better to trade when the trend is strong; in no case should you get up against the trend, because it is useless to argue with the market. You can also pay attention to vertical volumes, but without certain knowledge, they most likely will not help you.

[Paglamon]

I never want to put my assets at risk. So I never use signals given by others. Because it can never be rational. Because the signal given to them is under the control of the bot. It is never under human control. So it is better to know before using these signals. It is better to invest through self-analysis and fundamental paralysis. So one should refrain from relying on others.

[Callisto]

Of course, there is a lot of information that not everyone will understand, because not many will understand these trading mechanics even if they read deeply into your words. It was not the first time that I understood what it was really about ... Is that how I understood my personal experience? If so, what profit did you take from all of this?