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The most important thing you can do as a trader is to establish how much a market is trending, how much forward energy it has. Of course a market always has various cross-currents of trends, but every market also has a true trend that stands out from the other trends. If you can establish the degree of this trend, or in other words how much this trend can be relied upon, you have in your possession the most important piece of information about that market that you can have.
The Ultimate Trend, or BTX (Bounded Trend Index), does that. The BTX is a revolutionary new way to establish how much trendiness a market has at this time. It is self-adjusting, but that quality arises out of the equations themselves and is not arbitrarily determined. (Perfect non-arbitriness, of course, is a goal that can be approached but never achieved, so it would be most accurate to say that The BTX is a lot more non-arbitrary than not.)
And what it does is establish, with the highest probability, the degree of trend in the market, and measures it. Knowing that, you know the most fundamental thing you need to know about a market.
The BTX is complimented by a corallary indicator, the BTX 2-line, which shows two lines that separately measure the bullish and bearish energy in a market.
Just for openers, this means that searches and sorts can be done on a wide universe of markets to identify those that are trending in a certain desirable way. Moreover, the BTX 1-line and BTX 2-line are fantastic at identifying tops and bottoms in markets. They both have charactistic BTX "signatures" that show when a trend is beginning or ending.
"BTX 2 Line is brilliant! It gets me information that I knew was there, but could not quite precisely identify in terms of the precise timing of optimum moments. I had been using the NST and NDX to time, but this is far better! The way you do the boundedness for the BTX 2 lines, is really doing it for me! I am using it on three timeframes simultaneously, and the information in it is profound. The power of the natural order is far more evident." —C.E., Los Angeles
This indicator is available as part of the Ocean Master Suite.
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