#4 Range-bound trading (ATR & Standard Deviation)
Submitted by User on February 21, 2010 - 20:13.
Submitted by Manus168
Hello Ed;
I just want to share how to detect Range or Trending Market, but unfortunately this
technique I just try & apply only in EUR/USD at H1 TimeFrame; please feel free to tweak.
Here's The Deal:
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Excellent , thank you sir
Hi there;
Just FYI: this is not a trading system, it is just for detec the market is Trending or Sideways.
Here's the screenshoot.
All The Best;
Manus168
As you can see in the attached picture I would rather check if both ATR and Standard Deviation point upward to determine if the market is trending. This gives better indication I think.
Regards,
Philipp
Hi there,
Can you please post a screenshot. The main goal is to enter/ exit trades or to identify the current price behaviour?
I assume it is the second. Any way, if this is a stratergy, pls share how to enter/exit.
Thank you in advance.
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