Designed after years of experience in trading markets
Automation has always been one of my goals so it goes without saying that it's been a dream of mine to create a highly robust indicator capable of interpreting price action in roaring bull markets and brutal bear markets for the purpose of identifying high impact areas of interest and defining trends that would supplement my trading activities. After years of experimenting with several Technical Indicators I have designed a strategy that I use to identify long term trends. So I put it to the test, and this algorithm performed significantly better compared to both a hold strategy and a modified MACD strategy during the period of 2017 to 2018. I deliberately chose this time range as it was a very diverse range of price action complete with a full bull market but also what I look at as a reversal and subsequent bear market. To me the results speak for themselves during that dynamic period of price action and I'll let them do the rest of the talking. This is the strategy I run while I'm away from my trading station for long periods of time.