#TrendTradingStrategy
Trend Trading is an approach in trading where trades are opened in the direction of the main trend. The idea is simple: "the trend is your friend".
Trend:
1. Uptrend - consecutive higher lows and higher highs.
2. Downtrend - consecutive lower highs and lower lows.
3. Flat (sideways movement) - a market without a clear direction.
Positions, how the strategy works:
1. Trend determination - use moving averages (Moving Averages), for example, the crossover of 50 SMA and 200 SMA, analyze the market structure (highs, lows);
2. Entry into position - buying in an uptrend after a correction to support, selling in a downtrend after a bounce from resistance.
3. Stop-loss and take-profit - the stop is placed below the last local minimum/maximum, the take can be determined by Fibonacci or fixed R:R.
Advantages - simple rules, high efficiency in trending markets, works well with automated systems.
Disadvantages - performs poorly in flat conditions, requires patience, often needs filtering of "noise" on small timeframes.