By analyzing the trend report we can understand trends in pairs, which pairs have a tendency to enter into long trends and which have short trends
What is the meaning of Consecutive Bars?
The number of candles that were in the same direction in a row.
For example: 5 Consecutive Bar, this means that there were 5 candles going down or up in a row
What # Trend represents?
The number represents the number of times it happened both ups and downs.
With the filters above you can filter the type of trend you want to analyze.
How the graph chart can help understand the behavior of the selected pair
With the help of the graph, we can understand what the average moves that the pair is able to produce usually. We can identify moves that the market goes in one direction sharply and try to plan a trade move according to the graph
Why is it important to know the average of down or up trend?
There are pairs that tend to go in one direction more strongly than the opposite direction. With the help of this report, we can easily identify these pairs and plan the amount of pips we would like to obtain in a trade that is going strong in the chosen direction