The Weber Trend Suite (WTS) supports trend trading over longer timeframes.
Identification of the trend direction
Automatic identification of support and resistance level
Multi-Timeframe
Designed as a decision making framework for trading trending growth assets such as tech stocks and cryptocurrencies
The support and resistance lines are derived from the...
The Larsson line supports trend trading of tech assets over long timeframes:
- Trend trading (unsuitable for range trading)
- 4h candles to monthly candles (less suitable for hourly candles, unsuitable for high-frequency trading)
- Tech stocks and cryptocurrencies (not designed for commodities)
The indicator can aid traders following a rule based trading system...