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ALFRED MURIITHI  

New Function Added

In the 2.1 update, we have added the functionality to disable the Histograms. This introduces another ability of the indicator, which is to help you know when the market is actually retracing and enter long or short early. On it's own now, it can help you trade without adding too many indicators on the chart.

BUY1: If the long-term signal line is above line -20, enter buy if the short-term signal line moves below level 10 and then moves back above 10

BUY2: If the long-term signal line is above line -20, enter buy if the short-term signal line moves below level -20 and then moves back above -20


SELL1: If the long-term signal line is below line -20, enter sell if the short-term signal line moves above level 10 and then moves back below 10

SELL2: If the long-term signal line is below line -20, enter sell if the short-term signal line moves above level -20 and then moves back below -20

Example of a buy using the indicator after disabling the histograms

Example of a buy using the indicator after disabling the histograms



ALFRED MURIITHI  

The Ranging Market Detector works in unison  with the True Oversold Overbought indicator.

With the new update of the True Oversold Overbought you will be able to to see areas of convergence or divergence and make more accurate entries.

👉 Check it out https://www.mql5.com/en/market/product/68396

ALFRED MURIITHI  

Ranging Market Detector and True Oversold Overbought

Prediction of price using Ranging Market Detector and Today July 9th. Ranging Market Detector and True Oversold Overbought

ALFRED MURIITHI  

Ranging Market Detector

This is how you trade when the market is ranging; don't run away from it. If the yellow and blue histograms are active the indicator will show you when the price reaches the Bottom or the Top range. Therefore, you can trade these tight zones. 

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