Discover and monitor market trend changes within the top 5000 crypto assets.
Trend following has produced impressive results historically, particularly during periods of strong market moves. Famous hedge funds like those run by Richard Dennis (of the Turtle Traders fame) and other Commodity Trading Advisors (CTAs) have used trend-following models to generate significant returns.
Especially in crypto there are some simple indicators that can help and support in trading decisions. Some well know are:
The Alligator indicator uses three smoothed moving averages, set at 5, 8, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with an SMA, adding smoothed averages that slow down indicator turns.
When the lines are intertwined, the alligator is "sleeping," indicating a consolidating market; when they spread apart, the alligator "wakes up" and "feeds," signaling the start and continuation of a trend. Traders use this metaphor to decide when to enter trades during the alligator's feeding phase and avoid the market when it sleeps.
The Larsson Line is a trend-following indicator created by analyst and YouTuber Anders "CTO" Larsson. It changes color to indicate market trends—typically gold for bullish and blue for bearish—helping traders easily identify trend direction and make informed trading decisions.
It also uses two smoothed moving averages very similar to the smma-15-29 indicator we use on SCTA.