I'm interested in methods people use, if any, to determine trend strength/continuation. At this stage I am using volume, difference between bid/ask, speed etc. But keen on hearing what ideas others have, whether you're actually using it or not doesn't matter, any ideas will do. I want to try some stuff out
I've had a browse around via Google and haven't really found anything worth reading(mostly BS that makes you rich by the time you've finished reading this, that costs $328937218321), so I thought I'd give here a try.
There was one idea that Tom Williams(VSA/TradeGuider Inventor person man) uses, where he allows for one up/down bar or level bar while you are in the position eg. If you're short you allow one up and/or level bar and you stay in, otherwise exit, or at least be wary. Vice versa for longs etc. Haven't actually tried this method much while I'm actually trading, but in hindsight it looks as though it could work ok....but so does everything I guess.