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while it is trading to make sure that it is always trading in the direction of the market. |
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The TREND STOP has been implemented to protect the profits from the REVERSE function of TREND if the market turned against the trade.
If the REVERSE Function starts making over $7000 in profits,
For example on: 09SEP22:
On 21OCT22 The stop was placed at: 121-04 _____________________________________ The TREND Function is very new and I am always trying to make it better, with better and simpler algorithms and better parameters. |
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The new "TREND" Function detects WHEN a trade goes wrong and takes the system
out of the market with a smaller loss.
The function "TREND" has the following objectives:
If a trade starts losing money, "TREND" checks the direction of the market. If the market is moving in the opposite direction, "TREND" gives you a signal to TRD-EXIT the trade with a smaller loss. The REVERSE Function of TREND will also give you a 'RV-SELL' or a 'RV-BUY' signal to reverse the position, which means:
1. If the system is 'LONG' you will get 'RV-SELL' signal to go 'SHORT'.
The signal TRD-EXIT from TREND is shown on:
You also get a message on the Control Panel to check the TREND signal.
When TREND is active you get a signal on the Control Panel The correct way to Trade the Trend signal.
This is a sample "TREND" Detail Report with Notes.
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