T3 Trigger Lines Define Trend
Simple trigger line configuration for trend trades
Last updated
Simple trigger line configuration for trend trades
Last updated
T3 Trigger Lines are pivotal in assisting traders with accurate trend analysis, enabling them to execute trades with the highest probability of success. The key components of triggers include trigger lines, momentum, colors, and trends.
Background color changes to green when the smaller trigger lines intersect and cross over the larger trigger lines while remaining above the larger ones; the background color will be green. Background color change may suggest the possible end of a downtrend. NOTE: trend trades require BOTH large and small triggers to be crossed in the same direction. Do not confuse background color with "odds favorable triggers" covered in the sections below.
Conversely, when the smaller trigger lines cross under the larger triggers and consistently remain below them, the background color will be displayed as RED.
Understanding the interplay between trigger lines, momentum, and color coding provides traders valuable insights into market conditions, empowering them to identify high-probability trade opportunities.
Odds Favorable Momentum occurs when both sets of triggers are appropriately positioned and both triggers are either wide or expanding. This alignment indicates a higher likelihood of sustained momentum in the market.
When small triggers are positioned above large triggers, this is your #1 observation for a trend continuation. This configuration indicates a high probability that the prevailing trend will persist, making it an opportune time for long trend trades.
When small triggers are positioned below large triggers, it is considered the primary observation for a trend continuation to the downside. This configuration indicates a high probability that the prevailing trend will persist, making it an opportune time for short trend trades.
When the small trigger is positioned inside the large trigger, but no Fibonacci areas have been reached, it suggests a high likelihood of trend continuation. In such instances, both triggers exhibit a crossing pattern while trending within each other. This configuration commonly occurs when the market breaks through Fibonacci areas during an extended trend.
Identifying the small trigger within the large trigger provides valuable insights to traders. It indicates that the existing trend will likely persist, presenting potential opportunities for trend trades. Traders should closely monitor the price action and observe whether the Fibonacci levels are broken or have not yet been reached. If Fibonacci areas reached, the trend may end with "weakened" triggers inside of each other.
When the trigger lines align with or reach the Fibonacci levels, it signifies a higher probability of the trend coming to a halt. This occurrence suggests that the prevailing trend will likely experience a pause or potential reversal.
