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Indicator that show if market is trending/ranging? Indicator that show if market is trending/ranging?
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Old 11-24-2006, 09:09 AM
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Indicator that show if market is trending/ranging?
Is there any indicator that would show a.s.a.p enough if the market is ranging or trending?


How to read that indicator?
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Old 11-24-2006, 10:03 AM
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Quote:
Originally Posted by SloForeX
Is there any indicator that would show a.s.a.p enough if the market is ranging or trending?


How to read that indicator?
It to me so it is the price itself and trend lines (support and resistance lines).
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Old 01-29-2008, 09:32 AM
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ADX by default should be used to show the trend or ranging on instrument
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Old 01-29-2008, 12:09 PM
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hi
Quote:
Originally Posted by newdigital View Post
It to me so it is the price itself and trend lines (support and resistance lines).
that's right draw a support and resistance lines ...just monitor it ...if the price moving between them in several times so it's ranging ..if in one time frame was ranging ussually not the other time frame...

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Old 01-29-2008, 02:27 PM
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tor
There is an indicator on this forum called t.o.r. (trending or ranging).
I attached it for you. Look up the thread to learn how to handle it.
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File Type: mq4 ToR_1[3][1].03.mq4 (9.9 KB, 152 views)
Last edited by roodstaart; 01-29-2008 at 10:18 PM.
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Old 01-29-2008, 04:05 PM
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Try with 3 EMA34 (open, close, high)
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