Hawkeye Trend+Stops -- the tool that breathes with market condition
With Trend+Stops you get a true sense of the market trend rather than opinions from the financial media.
This powerful indicator tells you when a trend is commencing, in congestion and where the correct exit is. You’ll have the confidence to stay in a trend, a feat that proves difficult for most novice traders.
Trend+Stops is based on the Hawkeye Volume algorithm of pattern recognition and average true range . Using this tool will stop you from having "opinions" on market direction and allow you to take control of your trading.
Trend+Stops overcomes two of the biggest hurdles to successful trading:
Where the trend is at the given moment (and its momentum)
Where your stop exit should be
The Hawkeye Trend+Stops Indicator
One of the most difficult tasks in trading is to know when the market you are trading is in a trend, and when it is not. It is the correct selection of trades in trending markets that makes the difference between a profitable trade, and one that gets you stopped out with a loss.
The problem is that markets spend more time moving sideways than they do in a trend. Consequently many traders find themselves in a trade they believe is the start of a trend, only to discover that the market moved sideways, with the position being closed out at a loss. This is the single most frustrating part of trading, and it accounts for more traders making overall losses on their account than any other factor -- Hawkeye Trend+Stops