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Thread: Sideways Market indicator



  1. #1
    jluyt is offline Junior Member
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    Sideways Market indicator

    Hi all,

    I am looking for some suggestions to find an indicator to help me prevent trading in sideways markets and prevent whipsaws. Any suggestions?

    J

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    mrtools's Avatar
    mrtools is offline Moderator
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    Quote Originally Posted by jluyt View Post
    Hi all,

    I am looking for some suggestions to find an indicator to help me prevent trading in sideways markets and prevent whipsaws. Any suggestions?

    J
    Hello Jluyt,

    That's a good question, you ask 10 people that question you will probably get 10 different answers, and the one who has the answer is not telling

    I would imagine this could be one way, just trade the dots.
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

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    Trading Apps Here http://www.tradcode.com/

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    jluyt is offline Junior Member
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    Thanks for sharing - I will check it out

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    Quote Originally Posted by mrtools View Post
    Hello Jluyt,

    That's a good question, you ask 10 people that question you will probably get 10 different answers, and the one who has the answer is not telling

    I would imagine this could be one way, just trade the dots.
    ...nice answer too Mrtools
    Thanks

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    mtuppers is offline Senior Member
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    I did heard another good sideway indicator is xpma period 34, no trade on the color yellow.

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    hermes's Avatar
    hermes is offline Senior Member
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    Good flat trend indicator is a million dollars question! Try EMA10, if horizontal stay in bed. Other variant could be Kijun Sen from Ichimoku or the old indicator Magic Trend. Kaufman? Not enough pearls to trade.
    What about that beauty: avgSpectrum.mq4 ? Prints nicely flat trends.
    Hermes
    Last edited by hermes; 02-06-2013 at 11:35 PM. Reason: more stuff

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    gbemitte is offline Junior Member
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    I need a side way detector indicator that will draw a two line like the one in the above picture, if trend beak the line up it means buy and if trend break the line down it means sell. Anybody please, help
    Click image for larger version. 

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    anton1 is offline Senior Member
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    Re: Sideways Market indicator

    Yes, it is difficult to understand when the market will flat.
    By much trainning our eyes, we may understand.

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    techmac is offline Senior Member
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    Re: Sideways Market indicator

    Market is moving within predictable range. It does not matter if it is up, down or sideways - the essence is that the range is predictable



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