indicator to identify SIDEWAYS TREND

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Hi Guys,

Can someone please mention indicators which I can use to identify a sideways market. Also, is there a possibility to identify a sideways trend using Moving Averages? If yes, it would be great if I can know the MA period.

Thanks,

Rahul

 
rahulrijhwani:

Hi Guys,

Can someone please mention indicators which I can use to identify a sideways market. Also, is there a possibility to identify a sideways trend using Moving Averages? If yes, it would be great if I can know the MA period.

Thanks,

Rahul

Hi rahulrijhwani,

It's Bollinger Band, just study it.

:D

 

hi onewithzachy,

thanks for the bollinger recommendation. but dont u think that we start late on a trend when using bollinger?

 
rahulrijhwani:

hi onewithzachy,

thanks for the bollinger recommendation. but dont u think that we start late on a trend when using bollinger?

It is late, it base on lagging MA, so it's not always reliable, but you're asking for sideways and MA to identify.

Do you get this

 

I made this indicator for that purpose:

https://www.mql5.com/en/code/10765


The sensitivity (gamma) of the detector can be adjusted.

Cheers

 
rahulrijhwani:

Hi Guys,

Can someone please mention indicators which I can use to identify a sideways market. Also, is there a possibility to identify a sideways trend using Moving Averages? If yes, it would be great if I can know the MA period.

Thanks,

Rahul


See this

-BB-

 
thank you.
onewithzachy:

It is late, it base on lagging MA, so it's not always reliable, but you're asking for sideways and MA to identify.

Do you get this

 
thanks.
BarrowBoy:

See this

-BB-

 
thanks.
flaab:

I made this indicator for that purpose:

https://www.mql5.com/en/code/10765


The sensitivity (gamma) of the detector can be adjusted.

Cheers

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