Top Traders Unplugged cover image

SI242: How to Detect when the Trend Changes ft. Mark Rzepczynski

Top Traders Unplugged

CHAPTER

The Importance of a Trend Following Model

Mark O'Mara: We talked about as price is primal. If you just took it as a simple scale from zero to 100, you know, anything above zero, you're long and at 100, you're fully long. So on any one given day, our trend strength in a market will be 50% or 55%. And what I like about it is that it actually then incorporates quote unquote the probability of how strong the model believe in that the price trend will continue. But if it is at 100, so all these sub signals are pointing in the same direction, you could say on that day, at least the conviction or the probability of that trend continues continuing is pretty strong

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