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Attachments: trend and range indicating indicator
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trend and range indicating indicator

  • Post #1
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  • First Post: May 13, 2010 7:00am May 13, 2010 7:00am
Is there any acccurate indicator or is it possible to make an indicator which can show

  1. up trend
  2. down trend
  3. ranging market




regards

Quoting swingtrader
Is there any acccurate indicator or is it possible to make an indicator which can show

  1. up trend


  2. down trend
  3. ranging market



regards

How accurate u expect?
Dont say 100%, many traders here in FF dont like the term 100%...you will be shot to death..
Quoting akukaya
How accurate u expect?
Dont say 100%, many traders here in FF dont like the term 100%...you will be shot to death..
maximum accuracy
yes, it is possible to make an 100.00% accurate indicator that show up/downtrend and ranging based on your definition of up/downtrend and ranging.

will the indicator give you 100.00% profitable trade is another case.
Heres one I think that I found on FF called ToR (Trend or Range) :-
Attached File(s)
File Type: mq4 ToR_1.20.mq4   33 KB | 2,133 downloads
Quoting swingtrader
maximum accuracy

Nothing on the computer will work as well as your eyes. Just do a search in this forum for others who have struggled to solve this problem.
  • Post #7
  • Quote
  • Last Post: May 13, 2010 4:33pm May 13, 2010 4:33pm
Trust us, if there were an accurate trend/range indicator, none of us would be here.
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