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But there is no point in figuring out who is right and who is wrong, a trend has no specific definition, everything is determined by eye.
I showed a picture of how a trend is determined programmatically. I've already written about the eyeballs.)
I have shown in the picture how the trend is detected by the software. I have already written about the eyeballs).
No.
YES! )
I see that many people have a different idea of what a trend is. And they don't take the classics in stride.
Makr from the search of regularities branch did not like this picture and led me out of the branch by the scruff of the neck)).
I showed the classic representation of the trend in the markets and how I see the trend myself.
If someone does not like it, I am not forcibly imposing it. You will not take me by the scruff of the neck.
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What is the advantage of wave and trend analysis?
That you can enter the game on an already established environment. A trend is a strong movement and may last a very long time.
In a trend, waves always alternate between impulse and correction waves. But there is an alternation of waves impulsive after impulsive or corrective after corrective. Such combinations are not a trend.
If there is a trend and there is a corrective wave, there is a chance to successfully become trending.
I completely agree, that is why I don't even enter that thread, I'm not a psychiatrist)).
Is the definition attached to profit? And what if the spread overlaps half of this trend? For example M1 on a low liquid market with a similar pattern.
What is a trend?
We can talk about its use, but it is not a priority right now.
My opinion has been expressed. On each TF we may determine its own trend.
The trend of the younger TF may be just a wave of the older one, but that wave in the older TF may not be a trend wave, but a wave of expansion or collapse formation. I have this laid out and I want to bring it to you.
It's better than "timeframes", but "something's still missing".
Non-linear quantization?
What is a trend?
We can talk about its use, but it is not a priority right now.
My opinion has been expressed. On each TF we may determine its own trend.
The trend of the younger TF may be just a wave of the older one, but that wave in the older TF may not be a trend wave, but a wave of expansion or collapse formation. I have this laid out and I want to bring it to you.