trend and range indicating indicator | Forex Factory

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trend and range indicating indicator

  • #1
  • First Post: May 13, 2010 6:00am May 13, 2010 6:00am
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

  • #2
  • May 13, 2010 6:13am May 13, 2010 6:13am
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..
  • #3
  • May 13, 2010 6:41am May 13, 2010 6:41am
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
  • #4
  • May 13, 2010 7:19am May 13, 2010 7:19am
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.
  • #5
  • May 13, 2010 8:32am May 13, 2010 8:32am
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 | 2,380 downloads
  • #6
  • May 13, 2010 3:08pm May 13, 2010 3:08pm
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.
  • #7
  • Last Post: May 13, 2010 3:33pm May 13, 2010 3:33pm
Trust us, if there were an accurate trend/range indicator, none of us would be here.
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