Happy to see ET has offered a refuge for longer term traders – and happy to post up the current guidelines I’m using to set up trend-following trades.
I say current guidelines as they may never be perfect and complete – they are profitable but there’s always room to learn and improve.
However, I’m opposed to indicators that generate an additional chart.
My guidelines use only daily and weekly TF candlestick / bar charts, refer to daily EOD unless weekly is stated.
Some of the factors…