What's your best range/trend measurement ?

1
I know about Hurst's Exponent which is supposed to analyze price action to determine if it's more often trending or ranging
but what are other indicators that could measure additionnally the same metrics ?

thanks

Jeff
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Scalping the Century TimeFrame since 1999


Re: What's your best range/trend measurement ?

2
Don’t know of any, i just look for highs and lows being broken combined with time spent along a trend line, this kumo cloud breakout histo is a good example, about as accurate as it gets, unless you have some deep learning ai using multiple indicator across multiple timeframes
Also simply a zero lag macd studied carefully can produce great result, always need historical data for future prediction no way around it
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Re: What's your best range/trend measurement ?

6
Hello,

A friend made this for me a while ago, in 2016 :sweat:

Fractal dimension index :

The indicator is RED when the market is in a trend. And it is blue when there is a high volatility.

When the FDI changes its color from red to blue, it means that a trend is finishing, the market becomes erratic and a high volatility is present. Usually, these "blue times" do not go for a long time. They come before a new trend.

Have fun !
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Re: What's your best range/trend measurement ?

8
LittleCaro wrote: Thu Nov 14, 2024 11:43 pm Hello,

A friend made this for me a while ago, in 2016 :sweat:

Fractal dimension index :

The indicator is RED when the market is in a trend. And it is blue when there is a high volatility.

When the FDI changes its color from red to blue, it means that a trend is finishing, the market becomes erratic and a high volatility is present. Usually, these "blue times" do not go for a long time. They come before a new trend.

Have fun !
Hey Caro Merci ! tu es d'où en France ?

Hey Caro thank you ! where in France are you ?
Scalping the Century TimeFrame since 1999