What Is The Trending Band Indicator?
Everything in this software is based on an elite Trend Following System called The Trending Band Indicator. This type of model is used by hedge funds and commodity trading firms around the world.
There are different types of scenarios when dealing with the Trending Band Indicator. Don’t worry that software handles them all for you, but here is the list if you were curious:
- Long Entry (Buy) - Where you buy quality up trending stocks like SPY, XLK, etc to make money on the way up. The goal is to enter when the candle closes above the green band then automatically set a 3% stop loss to limit your loss if it goes against you. You will slowly move your stop up each week based on the top of the band or key support levels.
- Long Exit (Sell) - Where you sell the quality up trending stocks that you have been holding. The goal is to not worry about selling because you are constantly moving up your stop loss, so the position should automatically lock in profit for you.
- Short Entry (Buy Inverse ETFs) - Where you buy quality inverse ETFs like SDS, SQQQ, etc to make money on the way down. The goal is to enter when the candle closes below the red band then automatically set a 3% stop loss to limit your loss if it goes against you. You will slowly move your stop down each week based on the bottom of the band or key resistance levels.
- Short Exit (Sell Inverse ETFs) - Where you sell the quality up trending stocks that you have been holding. The goal is to not worry about selling because you are constantly moving down your stop loss, so the position should automatically lock in profit for you.
- Range Bound - When the stock is inside the band, this is known as a range bound market. This is the worst time to invest because the market is unpredictable, it could easily go up or down.