Hi,

I'm looking for an indicator that can filter trading when there is no trend and no movement prices in short tm like 5M, 3M and or 1M, calm trading session like in this screenshot.

Thank you !

HELLO,

You can use this on 5 minutes chart

Then look on the next higher tf to see a bigger picture of what you see or take another pair.
Why and what trading when their is no movement? But beware there will be a breakout and the longer the narrow movement endures (rotating around a middlevalue) the bigger the breakout.

winner246 wrote:HELLO,

You can use this on 5 minutes chart

Why couldn't you?

I know about that Krelian99, thank you.

I don't plan to trade when there is no movement, you have misunderstood my query or maybe, I didn't give you enough details.

I'd like to have an indi which tell me that can detect such durmant trend in advance so that I can avoid trading. Hope it's more clear now.

Krelian99 wrote:Then look on the next higher tf to see a bigger picture of what you see or take another pair. Why and what trading when their is no movement? But beware there will be a breakout and the longer the narrow movement endures (rotating around a middlevalue) the bigger the breakout.

Doesn't work for me your indi. Maybe I would need also the ex4 file.

MT4 didn't create it.

winner246 wrote:HELLO,

You can use this on 5 minutes chart

Try it now. Can be helpful if you set ATRmode to false.

Thanks!  Winner 246 & Krelian99

Krelian99 wrote:Try it now. Can be helpful if you set ATRmode to false.

35 MA Squize MA Ed FLET color Mod nmc 1.1
An user friendly version of "35 MA Squize MA Ed FLET color Mod nmc 1.1"

Squize MA Averages zones mtf 2.01
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