Valuable, and both easy to build a tool for trend analysis.линия тренда

 

The main value of the trend line - to help the trader in time to see a possible change in trend.

 

Principles of construction of the trend line

The trend line is based on 2-3 points

- Bull market - 2-3 minimum

- Bearish trend - 2-3 maximum

The presence of 3 or more touches the trend line is a sign of well-formed.
 

Sloping channel, as a kind of trend line

Sloping channel, in contrast to the trend line has a second, "target" line.

Sometimes prices vary up or down the channel.

In this case, the second line can be used as a guide closing.

линия тренда

The main disadvantages of the use of the trend line and the classic sloping channel are:

- Rules for the construction of these instruments are blurred, which often leads to errors

- It is difficult to properly build these tools in real time. Price rarely provides us with clear reference points to validate the application of the tool.

- In real-time is difficult to estimate the trend line breakout - true or false

- Price rarely goes in ascending or descending channel, so the second boundary is basically just useless.

MF sloping channel

To solve these problems in the trading system Masterforex-V:

- Put unambiguous rules for constructing sloping channel

- The use of the indicator Awesome Oscillator provides accurate filter false signals

- Introduced additional types of inclined channels (internal and control)

The benefits of using an inclined channel Masterforex-V:

- You rely on clear rules for the construction and adjustment of inclined channel

- You can appreciate the truth of the channel of real-time

- You get one more accurate tool wave analysis

 

Read more:

Support and resistance levels

trend-turning figure


If you are familiar with these concepts - safely move to the next class: 
Elliott Wave Theory