Hello everyone,
How can we combine two trend indicators to create a highly reliable trading strategy?
This time, the strategy will be a combination of Easy Trend + Ruby River.
Use Easy Trend with a larger period to confirm the long-term trend.
Use Ruby River with a shorter period to detect minor trend shifts within the larger trend.
Example:
- When both Easy Trend and Ruby River signal a downtrend, it confirms that a downtrend is in progress. During this downtrend, there will be small pullbacks where Ruby River temporarily shifts to an uptrend. At these points, we do not enter a trade. Instead, we wait until Ruby River shifts back to a downtrend while Easy Trend still confirms the overall downtrend-this is when we enter a Sell position. The same logic applies in reverse for uptrends.
- Similarly, when both Easy Trend and Ruby River signal an uptrend, the trend is confirmed. During this phase, Ruby River may temporarily shift to a downtrend, indicating a pullback-no entry yet. We wait until Ruby River turns back up while Easy Trend still confirms the uptrend, then enter a Buy position. Similarly, the same logic applies in reverse for downtrends.
See detail this combination here:
