Curioso wrote: Wed Jul 17, 2024 7:42 am I think the correct term is that.
Like the G-Channel have, i think is a great idea to detect when the market is on sideways.

Indicator have 3 state in code originaly, but it is look that there is not neutral zones....I added filter to this version, for experimenting.
Is this what you want? ( also you have menu for 2 or 3 state coloring...)