Re: The Trend
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What is the actual criteria that separates uptrend from non-uptrend?
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It depends? What is your timeframe? As Sniper showed there are several different timeframes you can consider and each timeframe can have a different trend going. I tend to trade short term by daytrading and scalping so I look at shorter timeframes. I couldn't care less what the monthly or weekly is doing and I'm typically only minorly interested in what the daily is doing with much more concern about interday trends.
If you want to test things (which it seems) I find moving averages as the best trend identifiers. Use a crossover or a longer term MA (ie 200 bars). If you are above it,it's an uptrend and below it a downtrend. Then do whatever testing you feel needs to be done.
But this type of trading is more of an artform than a science. There is no magic formula.
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