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    How to detect choppy market

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    • roar
      roar last edited by roar

      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
      0a9b97d9-24a6-45c6-846b-a49ff6395344-image.png

      Need small help? Tag me in your post
      Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

      Julianrob Y 2 Replies Last reply Reply Quote 3
      • l'andorrà
        l'andorrà last edited by

        Very helpful, as always.

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

        1 Reply Last reply Reply Quote 0
        • F
          firooz last edited by

          Thank you very Much

          1 Reply Last reply Reply Quote 0
          • Julianrob
            Julianrob @roar last edited by

            @roar Nice 🙂
            I will definitely take a look at this. Have you got an MT4 version or is it easy enough to convert?

            1 Reply Last reply Reply Quote 0
            • Y
              yerlin @roar last edited by

              @roar Muy buen aporte!

              1 Reply Last reply Reply Quote 0
              • N
                newscin last edited by newscin

                would you think to use less lagging MA than SMA?

                1 Reply Last reply Reply Quote 0
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