Narrow Range indicator

 

I'm trying to filter my signals and the best one's seem to have narrow range bars as the signal bar.

I trade 5minute cable looking for turning points. When prices are topping and I get a signal I sell 1 pip below the last closed bar.

When prices are bottoming and I get a signal I buy 1 pip above the last closed bar.

Like I say the best signals seem to have a narrow range but if someone has other suggestions please feel free to speak up.

Ideally the narrow range indicator would have a input value that can be adjusted.

Thanks!

 

Sorry newdigital, just found your filter thread. I should of posted there.

If I wasn't clear, I'm looking for a mq4 narrow range indicator.

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