Trend indicators
Hi
There are just too many trend indicators that can be used differently.
Stochastics,CCI,MACD, and just different moving average lines etc.
Some people use indicators for different things.
Dual average lines crosses, 7 period crossing 14 period, either simple moving or expedential moving average lines.
I personally like a combo of Stochastics 20,10,10 settings, CCI standard, and MACD standard,
Time frames are all good, but depends on your trading style.
If you want to take a trade or 2 per day or something then you want smaller time frames most likely 5min and 15min charts.
But to just look at trend quickly you could just show an up or down trend just by the direction of the line going either up or down.
But on 5min charts it changes quickly so you could use 50 or 100 period sma line to see if it's moving up, or moving down or perhaps changing from moving down to bending and starting to move up.
It's one way, but the best way is to analyze on larger times first starting with daily charts, then 4hr then 1hr then 15, then perhaps 5 min charts.
Because the trend can be conflicting in all those time frames so it's good to get a feel of what the trend is on all those times.
I know this may not be much help but I would say some sort of moving average line is probably the best automated trend indicator, but not as good as drawing trendlines which probably won't help you if your looking for automation.
Any demo trading account should have these indicators.
Anyhow happy trading hope this helps.
