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View Strong Trend Charts

 

Read More About:

MACD-%Ds Hook

Divergence

Fibonacci Retracements

Engulfment & Reversal

Floor Traders Pivot Points

Floor Traders Mid Points

Rolling Floor Traders Pivot Points

Gap

Support & Resistance Pivot Points

Breakout

Bar Pattern Analysis

Multiple Moving Averages Crossover

Intraday Time Zones

High Low Mid Points

Trailing Stop

 

 

View Other Charts:

MACD-%Ds Hook

Divergence

Fibonacci Retracements

Engulfment & Reversal

Floor Traders Pivot Points

Floor Traders Mid Points

Rolling Floor Traders Pivot Points

Gap

Support & Resistance Pivot Points

Breakout

Bar Pattern Analysis

Multiple Moving Averages Crossover

Intraday Time Zones

High Low Mid Points

Trailing Stop

 

 

 

 

View Strong Trend Charts

 

Strong Trend

The Alchemy Strong Trend Indicator is an enhanced Keltner Channel indicator that was designed to assist traders with identification of strong trending markets and then identify possible entry points in the direction of the trend. Many traders feel frustrated when the market races strongly in one direction or the other and the trader is not “on board” riding the trend.  The strong trend indicator was developed in response to this dilemma and can provide possible entry points in the direction of any strong trending market in any time frame.

When a strong trend is identified, the indicator will paint the price bars cyan in the event of a bullish trend or magenta in the event of a bearish trend.  A bullish strong trend is defined as price penetrating the upper band of the Keltner Channel.  A bearish strong trend is defined as price penetrating the lower band of the Keltner Channel.  Once the strong trend is identified and color-coded, a possible entry zone will pop up on your screen giving possible entry points in that trend.  The entry zone is defined as the mid-Keltner and lower Keltner channel band in a bullish strong trend and the mid-Keltner and upper Keltner Channel band in a bearish strong trend.  The “buy zone” is identified with a green and cyan band of dots.  The green dot represents the first level of entry and the cyan dot represents the last entry level in a strong up trend.  The price bar will change to green when price enters the “buy zone” in a strong up trend.  The “sell zone” is identified with a red and magenta band of dots.  The red dot represents the first level of entry and the magenta dot represents the last entry level in a strong down trend.  The price bar will change to red when price enters the “sell zone” in a strong downtrend.

The strong trend indicator is self-adaptive and responds to market volatility to adjust the potential entry points in real time.  The strong trend indicator can be used in conjunction with other indicators to assist traders with identification of strong trends.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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