I GIVE YOU THE ULTIMATE TOOL FOR IDENTIFYING TRENDS AND RANGES!
While price is Black - price is in range.
When price turns Greentrend is present.
Change 'Length' to control the sensitivity of the indicator.
Is this suitable for short- or long-term trading?
if you think it's trending - does it trending up or down? rediculos
ultimate... same simpol range, ravi, ind.
what you give us? just .ex shell..? i give you .mq4 file...
her's the better one - and the source: MaxRange - MQL4 Code Base
and the RAVI (one of many) - Indicator RAVI (Modification) - MQL4 Code Base
I think it should needs further test
what the point of testing - if it's "ULTIMATE"?
there are many like this and better - StD, range, ma angle, ravi, atr, bbwidth, PrChanl, - all good, - and they don't call itself "ultimate"
and this one gives you only only .ex ... - to test...
Both. It depends of your chart period.
I like to call it ultimate.. I am a megalomaniac
You are all welcome to use any other range indicator you like, however I like this one :-)
Good trading everybody!
Does anyone still have this indicator from their archives? Depositfiles has deleted it.