Sideways Indicator
- Indicadores
- Navdeep Singh
- Versión: 1.0
- Activaciones: 5
The indicator is designed to detect range market or consolidation areas on the chart. It does this by using the market volatility and price momentum. The indicator signals the start and stop of the range with icons on the chart and various type of alerts options provided in the input settings.
Usage:
The indicator can be used to check the state of the market i.e. trending or ranging to make appropriate decision and use strategies designed for specific market state.
Please see the attached video where the indicator is demonstrated.