Author: Andy Ismail
If you're on the lookout for a reliable indicator to help you spot the strongest trends each day, the Alpha Trend Spotter is just what you need. Whether you're into intraday trading or swing trading, this tool is designed to give you an edge.
How to Use the Alpha Trend Spotter
- RED BAR indicates a Bearish Trend for the next candle;
- GREEN BAR indicates a Bullish Trend for the next candle;
- ORANGE BAR indicates a Sideways Trend for the next candle.
Example:
When using the D1 timeframe, keep an eye on the last BAR. If it's a RED BAR, it’s a signal to open a short/sell position for the day. Conversely, if you're on the H1 timeframe and you see a GREEN BAR, you should consider opening a long/buy position until the next hour.
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