What are the factors which affect the quality of a trend ??
The price movement in a security is affected by interplay of
trends across different timeframes. The trend quality and robustness of price
movement is determined by the following factors in Triple Trend Oscillator.
1.
The position of trend oscillators(TO) across
different time frames inter se. What it
means is that the position of TO of the
lower degree as compare to the position of TO of the higher degree.
2.
The direction of the TOs, whether bullish or bearish and,
3. The placement of TOs on the indicator, whether
above or below the zero line.
For example the TOs placed above the zero line and in bullish mode with the TO of
lower timeframe placed above intermediate and long term TO will result in
runaway prices. In such a scenario, an appropriate entry using the trigger line
could result in extraordinary profits in a short time, for a long trade.
The converse is true
if the TOs are placed below zero in the reverse alignment, for a short trade.
Hence the positioning of each TO plays an important role in
establishing the trend quality ranging from
highly bullish to mild bullish and highly bearish to mild bearish.
Here are a few examples of how Triple Trend Oscillator can be used in trading across various timeframes and different markets -
Intraday Trading with 5 Minute Chart - Capturing Large Moves :
 |
| Trading in the direction of larger trend |
Intraday Trade Setup :
 |
| Intraday Long and Short Setup in 5 minutes chart |
Trading with Multiple Timeframes :
Monitoring Higher and Lower Timeframes Together :
 |
| The TO on Weekly and Daily charts of Apple |
Identify the Trend in Higher Timeframe TTO and Trade in Lower Timeframe TTO :
 |
| The Zommed up Trend from Daily chart |
Trade the TTO, not the Price :
 |
| Initiate the trade on trigger crossover in the direction of the higher trend. |
Bollinger Squeeze and Directional Breakout :
 |
| The shorter TO hinting at the direction of the break out. |
 | |
| The shorter TO moves well ahead in the direction of the breakout.
Catching Trend Reversal :
|
 |
| The trigger line falling below zero indicating a trend reversal. |
Staying Ahead using Trend Transition :
 |
| The short TO rise above long TO indicating trend transition and impending reversal. |
Using the Divergence :
 |
| Divergence for booking short term profits. |
Identifying Elliott Wave with TTO :
 |
| Elliott Wave in conjunction with TTO
Long Trades with Synchronized Bullish Alignment :
     |
Short Trades with Synchronized Bearish Alignment :
Identifying the Tops and Bottoms :
Trading Option Strategies :
Creating Long and Short Position in Commodities :
