Trend Analysis - Take Profit
How can we take advantage of Trend Impulses? Trend Analysis - Take Profit makes the trend structure clear for us.
Trend Structure
A trend is basically a pattern of: Impulse --> Pullback --> Impulse --> Pullback.
Positive Trend
Negative Trend
What we suggest
Since we don't know what the future looks like, we should always take some profit on trend impulses. It reduces your risk and your bank account grows.
Trend Analysis - Take Profit
This indicator shows us the underlying trend as well as current Trend Impulses. Exactly what we need to understand the current trend structure.
Trend Cycle Length is set to 100 in the picture below.
How to use
Use the indicator to understand when the market is in an impulse. Take some profit, and prepare yourself for a pullback (or a reversal if the trend has continued for a while).
Simple Concept. Powerful insight. Great complement in your trading.
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