Rising or Falling

[katya1 11]

Good confirmation of rising or falling

How to understand if there's a false breakdown or not? Often the breakdown gathers stop losses. You need a more accurate indicator. I use the range bar. Having configured the necessary settings of the delta, I can understand where there's a real prerequisite for strong growth, and where the price goes in a certain balance: from edge to edge. Note the following examples: ES, EUR / USD, WTI.

Range bar sets the bar not on the time parameters, but upon accumulation of the delta. I draw your attention to the rate of accumulation. If the bar is formed rapidly, within 5-10 minutes - it greatly increases the chances for confirmation.

And what patterns or indicators do you use to confirm a trend?

[tommyho 10]

Katya, thank you for posting.

As to determining trend. These indicators help me.

1. check a higher time frame over course of two days

2. is there 'stair stepping'

3. price action failure - higher highs - lower lows with a retest of either and failure

4. have two pivot points been broken

5. take notice of the bigger bars.

Tom