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What's your best range/trend measurement ?
Posted: Tue Nov 12, 2024 5:07 am
by ionone
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
Re: What's your best range/trend measurement ?
Posted: Tue Nov 12, 2024 5:31 pm
by MACDBOSS
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
Re: What's your best range/trend measurement ?
Posted: Tue Nov 12, 2024 5:55 pm
by MACDBOSS
Standardized (median proximity)
Is exactly what it is
From tradingview
Re: What's your best range/trend measurement ?
Posted: Thu Nov 14, 2024 2:39 am
by ionone
ok I found one more indicator
first the ADX could be used but I like the fixed range of : Choppiness Index
near 100 it's ranging and close to 1 is trending
Re: What's your best range/trend measurement ?
Posted: Thu Nov 14, 2024 3:03 am
by ionone
also Detrended Fluctuation Analysis seems to be interesting
maybe one master could implement it someday ?
https://en.wikipedia.org/wiki/Detrended ... n_analysis
Re: What's your best range/trend measurement ?
Posted: Thu Nov 14, 2024 11:43 pm
by LittleCaro
Hello,
A friend made this for me a while ago, in 2016
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 !
Re: What's your best range/trend measurement ?
Posted: Fri Nov 15, 2024 12:48 am
by andrei-1
Hello!
Friend* with an asterisk.
There is a lack of the second level (1.37).
And somewhere there is a limit on the number of bars.
This is MQL5, I don't understand it.
Re: What's your best range/trend measurement ?
Posted: Fri Nov 15, 2024 2:29 am
by ionone
LittleCaro wrote: Thu Nov 14, 2024 11:43 pm
Hello,
A friend made this for me a while ago, in 2016
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 ?
Re: What's your best range/trend measurement ?
Posted: Fri Nov 15, 2024 3:19 am
by LittleCaro
andrei-1 wrote: Fri Nov 15, 2024 12:48 am
Hello!
Friend* with an asterisk.
There is a lack of the second level (1.37).
And somewhere there is a limit on the number of bars.
This is MQL5, I don't understand it.
Yes, you know some friends are special but we still like them
Re: What's your best range/trend measurement ?
Posted: Fri Nov 15, 2024 3:21 am
by LittleCaro
ionone wrote: Fri Nov 15, 2024 2:29 am
Hey Caro Merci ! tu es d'où en France ?
Hey Caro thank you ! where in France are you ?
Hey, je suis parisienne à la base, mais je suis parti très loin pour suivre mon copain, à Nouméa en Nouvelle-Calédonie.
Et toi ?
Hey, I'm originally from Paris, but I moved far away to follow my boyfriend, to Nouméa in New Caledonia.
And you ?