How to detect choppy market
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A challenge for the community: Present the best way to detect a ranging, choppy, non-trending market.
There are many options to do this, but many indicators seem to either filter too agressively or not at all.
I will start with something a bit less ordinary, my own indicator that consists of RSI and a soup of moving averages. When white line is between 45-55, market is ranging (counter-trend strategies are safe). I came up with this in the last 10 minutes, so it is probably not quite perfect.
rsitrend.ex5 rsitrend.mq5

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Very helpful, as always.
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Thank you very Much
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@roar Nice

I will definitely take a look at this. Have you got an MT4 version or is it easy enough to convert? -
@roar Muy buen aporte!
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would you think to use less lagging MA than SMA?