#5 Range-bound trading (Following WellxAMA)
Submitted by Edward Revy on June 29, 2010 - 17:57.
One of the easiest methods to distinguish range-bound conditions from trends is probably by looking at indicators.
I'd like to introduce one those indicators, which attentive readers may have already discovered on our site, called WellxAMA - a custom MT4 indicator.
Download (right click + save as)
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isn't this just a Parabolic SAR
niceee.. thnx
red vertical lines refer to 07:59 GMT candle.
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