What exactly is "trend" with respect to trading scripts?

General
1

Hello,

I cant seem to understand how 'trend' works.

For example can the below be considered a "UP" trend for short term?

 

How does the "trend" method in tradescript work? (keeping the "Be flexible with patterns (quantify and verify)" in mind) ;)

Thank You

2

A trend is with reference to the movement of the stock/index in the market. If the stock price is moving up day after day, then the trend if said to be up. If the stock price is moving down day after day, then the trend is said to be down. However if the stock is stuck and trading within a range, then the trend is said to be sideways.

The picture you have posted suggests that the stock is in ‘up trend’.

3

Thanks for the answer bro