How to detect sideways markets - page 3

[Ali]

I see stoch and RSI when the market is stuck in 60 - 100 pip range. By looking at these two indicators on hour 1 time frame you will easily know that the market is ranging now.

[nevar]

wintersky111:
You can download from here:

FX Stage Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast

I happened to be looking into this too as it looks interesting.

It's EX4 sadly so no way to know whats's really going on on the inside. But it seems to be looking for an almost-fixed length cycle varying by slight periods. Naturally, as you can see in the picture, alike all cycle indicators, signals dont go well during trending periods, so be careful.

Yours sincerely,

Wintersky

It looks like standart deviation over ATR : Trending or Ranging and Trend Strength Indicator - MQL4 Code Base

[Alexander Puzanov]

wintersky111:
You can download from here: FX Stage Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast

The same in mq4: 3 ATR + change direction indication