Powertrend Volume Range Filter Strategy wbburgin by wbburgin

Powertrend Volume Range Filter Strategy wbburgin by wbburgin

UseThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets. This service is designed for traders who want the thrill of 150% or even higher potential returns, but don’t like the risk of trying to capture these gains in just days or a few weeks.

• The market count can drop all the way to 4 now before any sell signals are generated.
• The start of a power trend is the ideal time to get more aggressive in your trading.
• Given TradingView alerts are stored server-side, you can be on notified even if you are not currently running TradingView.
• We cannot and do not make any promises or guarantees about your ability to get results or earn any money with our ideas, information, tools, or strategies.
• The price action in a major index, such as the Nasdaq Composite, is the source for determining a Power Trend’s status.
• We find options with the potential to bring in big gains.
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PowerTrend

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• The reason for the latter is that various ETFs such as ARKK, which are focused on “disruptive technology,” can be helpful to track trends for growth traders.
• UseThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies.
• Power trends do not happen frequently but when one starts it usually leads to a strong sustained uptrend.
• There is a Power Trend “circuit-breaker” when the price breaks below the 50-day line and closes 10% or more from a recent high.
• The Power Trend is designed to keep you fully invested during these powerful uptrends.

Of course, not every trade in this service will deliver winners like we’ve outlined above. But, fortunately, Bernie has found a better way…where the returns are faster, you risk less money, and your gains can be huge. This chart of current growth leader Zoom (ZM) is vastly outperforming the Nasdaq and S&P indexes. The S&P benchmark is actually declining (the S&P chart is in black on the chart) compared to Zoom. With growth stocks, this is especially true as they are inherently volatile. The leaders will vastly outperform the indexes, while the laggards will underperform.

FXSSI.TradingActivity

This indicator is for informational and educational purposes only. We accept no liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on this indicator. There is a Power Trend “circuit-breaker” when the price breaks below the 50-day line and closes 10% or more from a recent high.

How Does The Power Trend Work?

Adding positions or adding shares to positions that are working (pyramiding) are two ways to get more invested. The power trend turns off when the 21-day moving average crosses below the 50-day moving average, and the index closes down for the day. There are a few other ways it can turn off but this one is the most common.

Once the 21-day crosses below the 50-day that is a sign the trend may be coming to an end. Mike also mentioned there are “circuit-breaker rules” that can end a PT before the 21-day to 50-day crossover. Notice how the Power Trend status didn’t really help out a stock like this. The Market Count is our main indicator of the health of the market. The Power Trend turns on when an index is in a particularly strong uptrend and is consistently moving up into new highs. One of the most powerful features of the Market Trend Advisory is the Power Trend indicator.

Lifetime Investor is not financial advisors or investment advisors and are not licensed to sell securities or investments. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk. We cannot and do not make any promises or guarantees about your ability to get results or earn any money with our ideas, information, tools, or strategies. The price action in a major index, such as the Nasdaq Composite, is the source for determining a Power Trend’s status. Using an index is based on the definition of a Power Trend from Market School.

There's a Better Way to Make Money

Very aggressive traders will go on margin during this time. In any uptrend, it’s not uncommon to have periods where the big institutions start to sell their holdings, sending the indexes lower. Power trends do not happen frequently but when one starts it usually leads to a strong sustained uptrend. Knowing that there is a Power Trend in play can be helpful to gauge how aggressive to be with your trades.

Unless you are a deep value investor, you are not making any money here in this vastly underperforming stock. Having the market count increase up to 7 from 5 gives you a buffer; you can sit through periods of milder institutional selling without having to get signals to sell or lighten up. The market count can drop all the way to 4 now before any sell signals powertrend are generated. A high count (5, 6, or 7) shows the market is in a strong uptrend that is trending above its moving averages and has usually shown very little institutional selling. To make really big gains even faster on momentum trades, you simply trade options, not stocks. The start of a power trend is the ideal time to get more aggressive in your trading.

The uptrends of the Nasdaq Composite were studied in great detail, looking for characteristics that were similar across significant uptrends. The end result was a set of rules that define when a Power Trend starts and ends. When a Power Trend is active, there is a stronger than usual uptrend underway.

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