Forex Market Conditions, a
graphic depiction.
Many people are using the different way to estimate the market condition. The best was as I know is standard indicators in Metatrader.
I just colected some way for estimation.
Because estimation the market condition is somwething about what will be in the future, right (breakout, flat, etc)?
Personally I am using Ichimoku charts (see the links below) for D1/H4 timeframes, digital filters for D1 and W1 and asctrend M5 for M5 timeframe (intraday estimation).
But please find all the links on our forum concerning this subject.
You may use any system, or create your own.
how to estimate and predict the market conditions (choppy, trend etc):
the post with many links.
some usefull indicators explanation is
here.
digital filters' trading systems:
trading system thread,
generator of digital filters,
indicators' description,
download digital filters indicators,
template with indicators.
ZZi version of the CCI for OverBought and OverSold levels is
here.
Divergence:
indicators, links, explanations and so on.
Momentum indicator: all the
links.
MaksiGen Trading system (light Paramon): many veriations of the system is
here, examples of market condition is in the end of
this thread.
forecasting indicators: public
thread.
'Trend indicators' thread:
indicators to detect the trend.
evaluation of the market condition using six SMA indicators:
original public thread.
Channel trading system is
here.
-
SHI Indicators is
here.
-
Highest high for an indicator: explanational
thread.
AscTrend System.
-
M5 asctrend trading system. Elite section system. Based on 3 templates. For trading, or for evaluation of the market condition.
Templates,
thread (the rules to trade are different and depends on the market condition - posted inside the thread in different posts).
Ichimoku chart/system with forecasting possibility:
-
thread (with explanation, market condition estimation and forecasting) is
here and
here,
-
some template is
here,
- indicators are
here,
-
MTF Ichimoku indicators is
here,
-
new Ichimoku indicators are
here and
here (thanks fxbs).
B]Trend /Reversal /Continuation HELPER[/b]:
original thread of very good indicator