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Hi
You can use the TRIX indicator to see if the price go up or down and if go through the zero for price confirmation
Also the squeeze indicator is really good.
Thanks very much for the suggestion. I am not into horse fetishes.
I just felt a bit unsure, whether conventional trading tools can be applied to horses. Saw the Gom Volume Ladder on the QuantSports video and was wondering, what the horse does with the ladder. The relative strength index, spikes, troughs, head and shoulders, everything gets a new meaning. And you definitely should not bet on any moving average.
But then I must acknowledge that the Heikin Ashi chart already looks like a horse mane, racing over Welles Wilder's parabolic SAR. Very British, indeed.