Trend Following

Best Trading Books on Trend Following

“Predictive technical analysis is chart/pattern reading. Trend following, on the other hand, is reactive technical analysis – a diversified portfolio perspective of markets using momentum indicators.” – Michael Covel  Trend following is a trading strategy which attempts to profit from long-term or short-term moves in price action that happen at times in financial markets. Trend […]

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The Best Back Tested Trading Strategies With Moving Averages

What is the best back tested trading strategies with moving averages? What is the best specific moving average signal for capturing stock market trends? After trading and backtesting data for years over the past 20 years of data I have an answer. I discovered one moving average crossover on the daily chart that backtested the

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trend following indicators

What is the Best Indicator for Trend Direction?

Moving averages are the best indicators for the direction of a trend because of their power and simplicity to smooth out price direction in trend trading. They create lines on your charts to filter out the daily trading ranges and show the true direction a market is going in for a specific time frame. When

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SSO 1

A Simple Trend Trading Strategy

“Trend  followers use reactive technical analysis. Instead of trying to predict a market direction, their strategy is to react to the market’s movements whenever they occur. This enables them to focus on the market’s actual moves and not get emotionally involved with trying to predict direction or duration.” -Michael Covel Trading a trend in price

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