Hi all
I am looking at trading on an hourly timeframe... maybe and things are looking good backtesting (as they always do!) I have a problem however that my profits reduce during times whe the market is really flat, i'm getting buy and sell signals all the time which are stopping me out.
Is there an indicator (and I know they all lag!) that shows a market entering a flat stage? maybe a short and long term sma combination? when the market is in amongst these it is flat?
Thanks
Max
I am looking at trading on an hourly timeframe... maybe and things are looking good backtesting (as they always do!) I have a problem however that my profits reduce during times whe the market is really flat, i'm getting buy and sell signals all the time which are stopping me out.
Is there an indicator (and I know they all lag!) that shows a market entering a flat stage? maybe a short and long term sma combination? when the market is in amongst these it is flat?
Thanks
Max
Gravity goes both ways in forex...