Need an Indicator That Isolates SIDEWAYS Market. - page 2
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It is the indicators from previous post.
your problem is as old as the stock markets started...if you can find an indicator that tells you the difference between a ranging and a trend market (wich is not lagging or AFTER the facts) you will become a billionare....
regards...iGoR
your problem is as old as the stock markets started...if you can find an indicator that tells you the difference between a ranging and a trend market (wich is not lagging or AFTER the facts) you will become a billionare.... regards...iGoR
Agree, but as sideway market is about 70% of the time,at least we can filter it more.
Possible or not possible?
Hello Friends,
I have been trying hard to find a simple indicator that clearly and Reliably isolates the Sideways market - Please see the attached chart - I need to Identify the region inside the eclipse...
Humble TraderHi...
I wanted to figure it out, but there is no good sollution of this problem.
Before You take a look on pictures I placed below, You must remember:
"I show You that, what You want to see".
This indicator looks nice but works only sometimes - it means it does not work at all...
Basic rule: if yellow MA is between red lines - it is "the Sideways market",
if trend is strong - MA stays under/over red lines.
Raff
Hi...
I wanted to figure it out, but there is no good sollution of this problem.
Before You take a look on pictures I placed below, You must remember:
"I show You that, what You want to see".
This indicator looks nice but works only sometimes - it means it does not work at all...
Basic rule: if yellow MA is between red lines - it is "the Sideways market",
if trend is strong - MA stays under/over red lines.
Raffhi, can you post this indicator?
Thanks
hi, can you post this indicator? Thanks
Monday morning I will clear code and send it as You wish...
Then You will know why it does not work ;-)
Raff
try smma(16) and an envelopes of smma(16) + set the deviation to fit each pair
work best in H1 scale
Maybe..
Monday morning I will clear code and send it as You wish...
Then You will know why it does not work ;-)
RaffDid you use trend band with round pip indicator..?
it looks like trend band to me
Bollinger Bands:
Were designed specifically for this issue.
1 - Test for M15 Range < 10
2 - Relax
3 - Enjoy the show!
Check Friday's charts for verification
Regards