View Single Post
  #2 (permalink)  
Old 03-25-2007, 09:25 AM
newdigital newdigital is offline
Administrator
 
Join Date: Sep 2005
Posts: 20,083
Blog Entries: 243
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
About ranging market we may see here: Forex Market Conditions, a graphic depiction

1. Personally I am using MTF_AbsoluteStrength indicator with H1 settings for M5 timeframe: original thread with indicators, live trading results and images; how to use indicator (rules): read all the pages starting from this page till this one. The rules for ranging market is the following: if the indicator is showing uprend and downtrend in the same time so it is ranging market.

2. Besides i am using Ichimoku indicator but it is personaly.

Everybody may select any way to estimate the ranging or trading market.

3. Some people are using trendlines with support/resistance. The other people are using some moving averages indicators instead of support/resistance to estimate market condition.

4. Woodie's choppy zone indicator: many choppy zone indicators from Igorad; original thread.
Meaning of the color in some Igorad's indicators:
MediumBlue: Strong UpTrend.
Crimson: Strong DownTrend
DodgerBlue: Retrace UpTrend
Tomato: Retrace DownTrend
LightBlue: Choppy UpTrend
Orange: Choppy DownTrend
Aqua: Be ready to change UpTrend
Yellow: Be ready to change DownTrend

5. SideWinder for CCI: My first release: original thread by FX-Sniper.

6. Jurik Woodie CCI: indicators are here.

7. CCI Filter: original thread with indicators and full explanation.

8. Indicator That Isolates SIDEWAYS Market: original thread; small indicator's collection with images.

9. Evaluation of the market condition using six SMA indicators: original public thread.

And so on.
There are many other ways to estimate ranging/trending market or market condition.
Reply With Quote