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Basic Trendline ?

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Nendi71

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Trend UP turns into a DOWN trend when the NOW price can penetrate the LOWEST price yesterday, and Trend DOWN turns into a Trend UP if the current price breaks the yesterday's highest price. For beginners, just know this first, even though sometimes prices have not penetrated yesterday's highs but the trend can be said to change from DOWN to UP, and vice versa.

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#1 - February 03, 2019, 09:22:10 PM
« Last Edit: February 03, 2019, 11:45:08 PM by Admin »

Rudi

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trenline is indeed a tool to measure price movements according to their habits, if the habit of candles going up means trend up and if if the habit of candles goes down means a downtrend,

and the trenline basis are also very good at learning and mastering,
#2 - February 05, 2019, 03:44:46 PM

Tahajud

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Quote from: Nendi71 on February 03, 2019, 09:22:10 PM
Trend UP turns into a DOWN trend when the NOW price can penetrate the LOWEST price yesterday, and Trend DOWN turns into a Trend UP if the current price breaks the yesterday's highest price. For beginners, just know this first, even though sometimes prices have not penetrated yesterday's highs but the trend can be said to change from DOWN to UP, and vice versa.

I think your thread is incomplete, it should be better if it's accompanied by an example of how to draw a trendline and how it is used in real market trading. How to fake the signal, fake breakout and fake rejection and how to overcome it. If accompanied by this it seems to be more interesting and useful
#3 - February 05, 2019, 09:56:38 PM

siliwangi

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yes, this trendline indicator is the one I use most often to predict the direction of the price or just scribble looking for opportunity patterns on the chart.
#4 - May 23, 2019, 03:04:52 AM

aikmel

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the trend line has good accuracy for orders. accuracy is around 70%
#5 - May 23, 2019, 06:14:37 AM

satria

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Quote from: aikmel on May 23, 2019, 06:14:37 AM
the trend line has good accuracy for orders. accuracy is around 70%
I feel the accuracy of the trend line is 60%. I have tried it and missed it often
#6 - May 23, 2019, 06:35:05 AM

bertais

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Quote from: satria on May 23, 2019, 06:35:05 AM
I feel the accuracy of the trend line is 60%. I have tried it and missed it often
you cannot make conclusions like that, each person has a different experience
#7 - May 23, 2019, 06:44:53 AM

senja

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the trendline is the simplest indicator, but most traders don't know that this index is very good and accurate
#8 - May 23, 2019, 07:50:14 AM

sampang

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I like to use this trend line indicator, this is my favorite indicator besides fibo.
#9 - May 23, 2019, 08:39:04 AM

Gombloh

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right trendline is simple and very useful indicator that helpfull for traders
#10 - May 23, 2019, 08:51:07 AM

Liam

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Quote from: Nendi71 on February 03, 2019, 09:22:10 PM
Trend UP turns into a DOWN trend when the NOW price can penetrate the LOWEST price yesterday, and Trend DOWN turns into a Trend UP if the current price breaks the yesterday's highest price. For beginners, just know this first, even though sometimes prices have not penetrated yesterday's highs but the trend can be said to change from DOWN to UP, and vice versa.
interesting information, the trend can change compilation has exceeded the previous price
#11 - May 23, 2019, 03:05:10 PM

ariadingga

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The trend line is a simple but crowded indicator, even the expert trader often uses it.
#12 - May 23, 2019, 03:08:29 PM

madhan

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the basic trendline can be used for scribble for analysis material.
#13 - May 23, 2019, 04:50:33 PM

duddha

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every trader must know the trend line and this indicator is the first indicator that I know and I use to practice identifying price movements.
#14 - May 23, 2019, 05:00:33 PM

susana

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This understanding of the trend line must be understood by traders to be able to use a simple and fast but accurate tool, do not depend on complicated indicators.
#15 - May 23, 2019, 05:29:23 PM
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