Using a combination of these indicators can strengthen your trend following strategy. For instance, use a moving average crossover to enter a trade, confirm the trend with RSI, and manage exits with the Paraboli
The key to trading this strategy successfully is in identifying trends. It is also best to trade on fresh trends and avoid overextended trends. Trends that have retraced for more than three times is more likely to reverse rather than continue to trend. In this case, it is best to avoid ...
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