Forex Wiki Trading > Forex Trading System > Most simple Sideways Detector

Most simple Sideways Detector

  • October 13, 2017
  • Posted by: Forex Wiki Team
  • Category: Forex Trading System
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Most simple Sideways Detector 1

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In all my time developing systems for the Financial Markets I saw a lot of people complain about having difficulties detecting sideways markets programmatically.

So I thought to share the method I'm using and being very satisfied with it. It is certainly not perfect, especially after a big move. But in the end it doesn't need to be perfect to work.

The algorithm is based on the assumption that the markets always move sideways, except when they are not.

I hope it helps you.

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Attached File
File Type: mq4 SidewaysDetector.mq4   8 KB | 2 downloads | Uploaded Jan 15, 2018 7:25pm
Big Thank's To :
 Most simple Sideways Detector 2 mw108

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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