trending vs trading

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Hey guys Just wondering if anyone has any good ideas for detecting whether a pair is trending or trading, obviously there is no perfect solution. Just looking for ideas. I was thinking maybe an indicator that detects divergence between macd and stochs or rsi? Or some other indicator anyone has seen around? Maybe its a bit of a wishful request, no harm in asking though I guess Thanks
 

> trending or ranging?

Look at the standard ADX indicator, StdDev, BolliBands inside/outside the Envelopes indi and here 'SVOS Multi-Indicator EA'

for the VHF

As you have realised, stochastics are hopeless in an extended trend and MACD misleading in rangebound conditions

Good Luck

-BB-

 

u can use ATR to measure the volatility, if increasing, more strength, if decreasing, less strength

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