ninjatrader indicators day trading software trading systems and mentoring
The SmartMultiTrend indicator is an excellent tool for trend determination particularly for systems that apply multiple methodologies for entry. This tool is sensitive and can turn relatively quickly while at the same time giving a good reading on the trend. This is also true in yet another way because this tool is measuring the trend on 4 different intervals or time-frames and is therefore used for multi time frame analysis and for strategies such as taking with trend type trades. Watch the video below for more information and for trading ideas using this tool. It is also suggested you take a look at Bloodhound in the Strategy Automation category and SmartTools that can help with creating a comprehensive strategy in conjunction with the SmartMultiTrend tool. Look in the related products section below. As always, as if you need assistance we are here to help.
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