Most simple Sideways Detector

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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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File Type: mq4 SidewaysDetector.mq4 8 KB | 2 downloads " | Fasciculi Ian 15, 2018 7:25pm*
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Author: Praenomen to Team
Nos sumus quadrigis maxime peritus congue mercatores [2000-2023] qui vitam nostram vivendo sunt addicti. Primarium propositum nostrum est libertatem ac libertatem attingere, et sui educationem secuti sumus et in Forexino foro peritia multa consecuti sumus ut media ad vitam sustinendam sui sustentandam..