Re: Range Trading & Sideways Market filters for MT4

24
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).
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

26
friend4you wrote: Sun Sep 24, 2017 11:53 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).

bb Screen_20170924_155031.png

Yes, my friend Friend4you, but your chart is M15 and mine M5. Of course you can make it faster, I have already a fast BB for the compressions before a price move, and fast MA. I also have a BB360 on my M1 chart which is much faster, on a M5 chart that should be a BB72, but there I prefer a slower one.


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