There used to be an (Moving Average, i think) indicator that follows the price but has a special ability in that it can go flat when the markets were not trending. It curves based on direction when market is trending and stays in a flat line when market is going sideways. Can someone please help me recall the name of that indicator.
It shows trending times as well as flat times perfectly albeit sometimes with a little lag. Anyone knows the name of that indicator ?
It shows trending times as well as flat times perfectly albeit sometimes with a little lag. Anyone knows the name of that indicator ?