#1 Range-bound trading (50 SMA angle)

Submitted by Edward Revy on December 17, 2009 - 17:40.

One of the methods to detect a range-bound market is by looking at the angle of the Moving average.
If, for example, our Moving average (MA) is rising fast - the angle of the MA line on the chart will get steeper and steeper.
Already at this early stage we can make a conclusion: if the angle of the Moving average is rising – the trend is getting stronger. If the angle is dropping – the trend is getting weaker.
If the angle of the moving average is insignificant, close to flat or is flat – we know that the market has entered its sideways mode.

Read entire post >>>

Submitted by User on June 16, 2010 - 07:43.

setup? entry & exit?

Submitted by yizhe on March 16, 2010 - 19:36.

the sma angle has its shortcoming,it's hard to decide which period to use.50sma ? 60sma or 100sma. I found that when I use the 50 sma, sometime the price would range around the 50 sma. it's best to use the 90 sma angle,but 90 sma is not much sensitivity at that time.

yizhe

email:yizhe2000(at)gmail.com

Submitted by Edward Revy on February 22, 2010 - 04:56.

I have no programming skills to convert it to ninja, I'm sorry.
A help from traders would be appreciated.

Best regards,
Edward

Submitted by Edward Revy on February 21, 2010 - 08:55.

Hi Manus168,
That's quite an idea!
I like it. Let's look what it can do.

Best regards,
Edward

Submitted by Ann on February 18, 2010 - 15:48.

any chance we can have it converted to ninjatrader?
Ann

Submitted by Manus168 on February 6, 2010 - 08:00.

Helo Ed;

I just want to share how to detect Range or Trending Market, but unfortunately this
tehnique I just try & apply only in EUR/USD at H1 TimeFrame; please feel free to tweak.

Here's The Deal:

At EUR/USD Timeframe H1; try to put this 2 Indicators : ATR(14) & Standard Deviation(14)
Now here's the rules ...

If you find ATR(14) > then the Standar Deviation(14) it means EUR/USD = Ranging/Sideways.
If you find ATR(14) < then the Standar Deviation(14) it means EUR/USD = Trending.

The Logic behinds is; if the SD is smaller then the ATR it means Market in range of the 14 bars because ATR is meassure the range (high to low) of the N bars (in this case 14 bars); BUT if SD is more large then the ATR it means Market break the boundries of High to Low 14 Bars Range
& the result Market is Trending.

Please feel free for comment Bro Edward.

Happy Trading ;)

Best Regards;

Manus168

Submitted by Ola.in.cam on January 27, 2010 - 22:03.

....still reading but i'll like to say a million thanks already!!! .....Ola.in.cam

Submitted by User on January 2, 2010 - 05:07.

Thanks you Edward..

Submitted by User on January 1, 2010 - 04:34.

||Eddy,Happy new year. Thanks for your hardwork and help.

Submitted by Edward Revy on December 27, 2009 - 14:17.

Hi,
you'll find the guidelines here:
how to install custom indicators

Best regards,
Edward

Submitted by User on December 27, 2009 - 09:16.

hi Edward, thks for the indicator but i just cant attached to the mt4 platform, pls advice

Submitted by User on December 23, 2009 - 18:09.

Excellent work ! This work will help many traders. Thank you guys for sharing this work.

Submitted by James on December 18, 2009 - 11:11.

Nice one

James from Bondfx

Who's online

#1 Range-bound trading (50 SMA angle)

Post new comment