Lei Wulong wrote: Sat Sep 23, 2017 5:46 am Here is my small contribution how to detect a trending or sideways market : BB 360 (bollinger with period 360, timeframe is M5). Comments are on the pictures. I have tried to make my chart simple, so everyone can understand, ha ha.
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Re: Range Trading & Sideways Market filters for MT4
friend4you, Sun Sep 24, 2017 11:51 pm
Yes, that works, because 360 is near a high fibonacci nummber, but you get more and clearer trades with fibonacci number bollinger 144 (thick blue lines).
