let me show you a great trading strategy for trend following trading and how to set up your charts first of all we want to add two moving average we open the indicator and you can just type in ma and then you can just click on moving average twice so we go into the first indicator we open the settings change it to 20 periods and very important the source should be the high next we go into the other moving average we change the settings as well and the source this time to loaf and now you see that we have this channel on our charts generally you would like to look for breakouts out of previous highs and lows to find relevant following traits because in a trending market the price action will often move on one side of the channel another way how you can do it is wait for the market to dip back into the channel so here you can see the market moves back into the channel which is your consolidation and then on the next breakout you have your trend following continuation now we're looking at gold and you can see the pattern holds up and it unfolds in a very similar way