Trending markets are often smooth while moving in one direction. Ranging markets have a high difference between lows and highs. To make it easier to see a trending market or a ranging market an indicator would be useful, which displays the difference of highs and lows.
Does such an indicator exist?
PS: I know that candles can be used, but I am interested in other solutions.
Does such an indicator exist?
PS: I know that candles can be used, but I am interested in other solutions.