1/15/2024 0 Comments Magic trend indicator thinkorswim![]() ![]() I am a swing trader, not a scalper so trending strategies work great for longer intraday and daily aggregations. Search for SuperTrend, Half-Trend, Trend Magic, Trend Painter, Blue Magic to name a few. ![]() Searching some of the other threads concerning trend indicators will elucidate how others are using them. One also needs to look at the overall Market Trend as it doesn't pay to buck the trend. ![]() Successful trending strategies look at price action along w/ support and resistance and volume and then one of the hundreds of oscillators like RSI, TMO or Stoch's to time entry and exits. Like said it is used to indicate trends so can be used successfully with any trending strategy. This study tracks like moving average crossovers however I feel it smoothes out the edges and therefore shows the overall trend somewhat better. ![]()
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