Sideways Market indicator

To add comments, please log in or register
jluyt
38
jluyt  

Hi all,

I am looking for some suggestions to find an indicator to help me prevent trading in sideways markets and prevent whipsaws. Any suggestions?

J

William Snyder
9394
William Snyder  
jluyt:
Hi all,

I am looking for some suggestions to find an indicator to help me prevent trading in sideways markets and prevent whipsaws. Any suggestions?

J

Hello Jluyt,

That's a good question, you ask 10 people that question you will probably get 10 different answers, and the one who has the answer is not telling

I would imagine this could be one way, just trade the dots.

jluyt
38
jluyt  

Thanks for sharing - I will check it out

secretcode
896
secretcode  
mrtools:
Hello Jluyt,

That's a good question, you ask 10 people that question you will probably get 10 different answers, and the one who has the answer is not telling

I would imagine this could be one way, just trade the dots.

...nice answer too Mrtools

Thanks

Michael
237
Michael  

I did heard another good sideway indicator is xpma period 34, no trade on the color yellow.

hermes
505
hermes  

Good flat trend indicator is a million dollars question! Try EMA10, if horizontal stay in bed. Other variant could be Kijun Sen from Ichimoku or the old indicator Magic Trend. Kaufman? Not enough pearls to trade.

What about that beauty: avgSpectrum.mq4 ? Prints nicely flat trends.

Hermes

Moses Olawale  Ajayi
2222
Moses Olawale Ajayi  

I need a side way detector indicator that will draw a two line like the one in the above picture, if trend beak the line up it means buy and if trend break the line down it means sell. Anybody please, help

Files:
mql5saja
511
mql5saja  

Yes, it is difficult to understand when the market will flat.

By much trainning our eyes, we may understand.

techmac
2976
techmac  

Market is moving within predictable range. It does not matter if it is up, down or sideways - the essence is that the range is predictable

George
998
George  
mrtools:
Hello Jluyt,

That's a good question, you ask 10 people that question you will probably get 10 different answers, and the one who has the answer is not telling

I would imagine this could be one way, just trade the dots.

Hi Mr Tools,

The Kaufman mq4 file is downloaded but will not 'take' on the chart.

Can you post again or help me in getting it to work?

Thanks

TEAMTRADER

krelian99
1202
krelian99  

Maybe Master Candle can also help. It's a price action pattern, after which very often a a nice trend takes place, not always the direction the first candle after is showing at - so, watch your momentum indicators.

atm_mastercandle_ib_pb.mq4 (chart should be in the foreground)

Files:
12
To add comments, please log in or register