Trendelicious: A Rolling High-Low Midpoint Trend Indicator
Summary
Trendelicious estimates direction using the midpoint between the rolling highest and lowest values of a selected price series. Its default lookback is 30 periods, and the price input can be changed. The indicator labels the market as rising or falling based on the midpoint’s direction, price position, and recent movement. In its default mode, the direction changes only when its trend conditions are met; aggressive mode adds conditions intended to react sooner when price and midpoint behavior suggest a shift. The accompanying strategy enters long while the indicator is up and short while it is down.
The document recommends higher timeframes to reduce noise and includes a short BTC-USDT futures backtest configuration, but provides no performance statistics or evidence that the indicator improves returns. The precise signal logic is more involved than a simple midpoint cross, and any direction not meeting a transition condition carries forward the prior state. The author cautions that the indicator is not trading advice and that results may vary; its response depends on lookback, price source, and aggressive-mode choice.
Key ideas
- The indicator uses the midpoint of rolling highs and lows as a reference for trend direction.
- Trend changes depend on price relative to the midpoint and on recent movement in price and midpoint.
- Aggressive mode adds conditions designed to make trend changes more responsive.
- The accompanying strategy enters long in an uptrend state and short in a downtrend state.
- The document recommends higher timeframes but provides no performance results for its published backtest settings.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.