what indicator works in sideways periodes(consolidation)

• 06/22/2017 at 12:49 PM #38805
  Kenneth Kvistad

  Hi.

   

  What or how do most of you here make staregy to tell the maked is moving sideways?

  I have tried to make this with two moving avragea but cant make it work.

  I was thing about same as boxes that gets drawed on the chart as nicolas have made. If price the last 12houers have been hiting hh and LL 2 times I whabt to start my enter signal.

  Other explination could be bollinger band other lines is both going sideways. (How to program this?

  

  Kenneth Kvistad

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  06/22/2017 at 12:58 PM #38806
  Nicolas

  If the price is continuously playing around (near) its mean, the market is certainly ranging, that’s why Bollinger Bands are accurate to detect ranging market, because the bands are narrowing if the deviation of price is minimal. You can try this one: https://www.prorealcode.com/prorealtime-indicators/bollinger-range-bound/ or even BollingerBandWidth keyword.

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  GraHal

  

  Nicolas

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  06/22/2017 at 8:19 PM #38826
  Derek

  If the market keeps contracting it fails to make either new highs or lows. A simple Donchian Channel can do some tricks, with a bit of research.

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  Nicolas

  

  Derek

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  06/23/2017 at 1:59 PM #38908
  GraHal

  Bill Williams Alligator is good also .. when the gator is sleeping the market is ranging … I always smile at refs to the gator, but it makes you remember … not that you need to remember as it is so obvious! 🙂

  https://www.prorealcode.com/prorealtime-indicators/bill-williams-alligator/

   

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