ShreeKrishna

An Effort to Explain about trend line trading system works

NSE:APOLLOHOSP   APOLLO HOSPITALS.
Hi Friends there was Question to My DM asking weather trend line method works , and if it works how far we can catch the trend

so the Questions ware related how to apply trend line ,

I have made an small efforts in explaining how the trend line system alone can Give you a Major Out look or wide prospect of Market sentiments

i am not surprised with the Question because Majority People believe in some indicator or Methods where as Trend line method has 5 different indicators with it

01) It has Momentum Indicator

02) it has Divergence Indicator

03) it has support and resistance indicator

04) it has Next move forecasting indicator " FUNTION OF PRICE " ( this is very interesting it will forecast how far the Next move will take place )

05) it has Narrow range indicator " FUNCTION OF TIME " ( this is also very interesting when trend enters in narrow range it will inform you )

for your kind information i am not talking about any overlay indicators only and only Trend line Method

Advantage of trend line Method is it can identify the wave theory very easy , immediately , also it can identify the trend change ,

so just by knowing only trend line method you are the winner of this Stock Market Trading ,

Hope you will understand improve your trading system with help of this video

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.