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$0
Type: Indicators
Seller: Laron Demetris Burrows
Published:
Updated:
Version:
Downloads: 300
Get alerts when a trend is breaking out. This indicator signals when price makes a large move in the direction of the dominant trend. These signals can serve as entry points, or points to add to an existing position in a trend.
Note: Trend following has a low win rate (less than 50 percent), but the return of the average winning trade is typically 3 to 5 times larger than the average losing trade.