Trend Mystery Indicator
How to Determine the Trend in the Candlestick and Line Charts
which timeframe should I use?”
general guideline:
Day traders are on the 30minutes timeframe and below
Swing traders are on the 1 – 4-hour timeframe
Position traders are on the 4-hour timeframe and above
Trend Indicator # 1 Price Action/Candlestick Chart
Here are 3 things to remember:
An uptrend consists of higher highs and lows
A downtrend consist of lower highs and lows
A range is contained between the highs and lows
Trend Indicator # 2 Line Chart
And here’s how you can interpret line charts:
If the line is pointing higher, it’s an uptrend
If the line is pointing lower, it’s a downtrend
If the line is flat, it’s a range
Grab your Copy of TrendMystery here
Remember when using Trend Mystery Always trade in favor of the trend. For example:
Uptrend Only Buy Signals
Downtrend Only Sell Signals
Range Market: Do not trade
Works on ALL pairs & in timeframes 15M, 30M, 1H, 4H & 1D
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