Since CoRA Waves and Ribbons could help you to identify the trend better and more reliably, this indicator provides a good baseline for your strategy.
The indicator " CoRA Ribbon - Multiple Compound Ratio Weighted Moving Averages " (#revision: lv21) was used in the following screenshots. Information and details on CoRA waves can be found in the description of...
GBPCHF
Price has broadly moved above the EMA's ribbon its one of the easy method to predict the trend on September 08 the price felled below the ribbon and the selling happened rapidly. Whenever the ribbon is constricted the trend going to reverse and if the ribbon is widen enough still the upside/Downside momentum is intact
In GBPCHF the ribbon was turned upside...