Indicator that show if market is trending/ranging?

 

Is there any indicator that would show a.s.a.p enough if the market is ranging or trending?

How to read that indicator?

 
SloForeX:
Is there any indicator that would show a.s.a.p enough if the market is ranging or trending? How to read that indicator?

It to me so it is the price itself and trend lines (support and resistance lines).

 

ADX by default should be used to show the trend or ranging on instrument

 

hi

newdigital:
It to me so it is the price itself and trend lines (support and resistance lines).

that's right draw a support and resistance lines ...just monitor it ...if the price moving between them in several times so it's ranging ..if in one time frame was ranging ussually not the other time frame...

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Forex Indicators Collection

 

Try with 3 EMA34 (open, close, high)

 

tor

There is an indicator on this forum called t.o.r. (trending or ranging).

I attached it for you. Look up the thread to learn how to handle it.

Files:
tor_131.03.mq4  10 kb
Reason: