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Which is the best(as per your experience)trend showing indicator for NT?


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Posted

Median of the last 60-100 bars can be a good indicator on range bars of 5 ticks. Another one is market profile, if the price is above POC so the general trend is up and the opposite. And of cause the simple ones like SMA and EMA of 50-100 bars.

 

Care to share your views please?:)
Posted
Higher highs and higher lows on a price chart.

 

Agree with you Spectral... it's price itself.

 

Uptrend = a series of higher highs and a series of higher lows on a price chart (obviously reverse for downtrend).

 

Sideways market = relatively equal highs and relatively equal lows, easy as that.

Posted

Gives you no info in rotational day, its gonna be flat or increase/decrease slightly. Additionally, its very slow to react to the price. Take yesterday CL action, the price felt 66 ticks from the high of the day, but the Vwap still was moving slightly up. Not useful at all. The only way to use Vwap is to fade the moves towards it, if the area price of Vwap consist of another support/resistance.

 

rising/falling VWAP

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