trend following entry point

• 04/18/2017 at 2:27 PM #32475
  Francesco78

  Hello everyone,

  I was wondering wether a screener who identify good potential entry points for prices with a very well identifiable trend and that are retracing. For instance prices with a clean uptrend that are approaching  the 20 or 50 moving averagefrom above and viceversa.

  An other way of selecting good entry point might be picking up strong upward movement with RSI below 40 or strong downward movement with RSI above 60.

  Many thanks for your help

   

  

  Francesco78

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  04/18/2017 at 2:38 PM #32477
  Nicolas

  Any oscillator should do the job for this. Oscillators are made to give an hint about the center of the price. So if your trend is consistently going upward with the same “strength”, an oversold cross over should indicate a potential new buying zone.

  

  Nicolas

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  04/18/2017 at 2:56 PM #32481
  Francesco78

  thank you Nicolas

  

  Francesco78

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  04/18/2017 at 3:59 PM #32491
  Nicolas

  But any new discover worth being said, so please don’t hesitate if you find something relevant! 🙂

  

  Nicolas

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