Hi Guys, So TrendSpotter uses multiple indicators to catch trend moves as they happen. All you have to do it follow the entries when 2 green or red arrows appear, you enter the move.
Basically it has a few rules. 1.I trade the 1 min time-frame 2.The background turns Red ( Short ) or Green ( Long ) when the stock is going that direction. 3. Wait until the Psar is under for Long and over for Short. 4. Wait until the second Green for Long or Red for Short Arrow to appear. You are getting in on the end of the first one.
Here's my profile on Tradingview.com with all the explanations of how to use it. It can be used for FOREX and CRYPTO also. tradingview.com/u/enda99/
Check out my videos to see it's not that complicated.
If you have any questions please contact me. Thanks, Enda
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Hey, Fixed some entries to make it more accurate. Thanks for the feedback, Enda
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Update
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Hi Guys, Just an update to TrendSpotter to spot the moves faster. I removed an EMA so the moves should be earlier.
Any comments below please, Enda
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Hi Guys, Just a quick update to add Buy and Sell labels to TrendSpotter. You will still have to use the Trendmeter to confirm as per your strategy.