BlogMarch 12, 2023Michael Covel

“I lost in vain years until I found the idea of trend following…”

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I lost in vain years until I found the idea of trend following. I use Bollinger Band 20 period penetration signal with adx rising for 2 bar and the MA for trailing stoploss. I often trade H1 H2 H4 and use market order on close candle price, it put me on the road to recover. I code and size position 0.5-1% auto but when I backtest on markets, some have great results and some don’t. I listen to some of your podcast and still don’t know how to diversify and what market trend. Which one should I trade? I want to improve my strategy cause I find that market volatility affect my entry point a lot. Is there any way I can bring multi time frame in to improve my strategy? Thank you.

Dũng P.

Candlesticks?

Hourly bars?

Not trend following at all.

Learn the rules behind trend following, and the systems to apply them.

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