How to read a trend on OhMyTrends

Introduction

OhMyTrends uses a unique tilt detection algorithm to identify market trends. Here's how to interpret the signals.

Trend slopes (tilts)

Our algorithm calculates two slopes for each instrument:

• Top tilt: represents the dynamic resistance
• Bottom tilt: represents dynamic support

Interpretation of signals

When the two slopes are parallel and oriented in the same direction, this indicates a clear trend:

• Bullish trend: both slopes are positive
• Bearish trend: both slopes are negative
• Undecided trend: the slopes diverge

Price targets

The values ​​​​expected today on the high and low slopes constitute target zones. When the price reaches these areas, it can represent a trading opportunity.

Conclusion

By combining slope analysis with price targets, you can identify trading opportunities with precise stop loss and take profit levels.