Hi I have different strategies for trading either market, however, my biggest problems are determining which market we are currently in. My methods are simple using support and resistance lvls.

What are the top technical indicators used for Range-Bound Trading strategies? | Investopedia

The whole idea for me is to try to get pips each trade and my sl is the same lvl. It works for me because my winning trades outnumber my losing trades but my losing trades are usually because of my mistakes on determing market.

I saw in another forum someone had the same problems and the answer was that whenever there is major news the markets will start to trend, whenever there isn't any news they will range. What is your opinions on this matter and is there any other relevant advice you can offer? Please no generic "you will get a feel for the market" answers or "you shouldn't be trading if you don't know"..

Looking on the daily chart, it's easy to see that since Dec 09, it's going down. Also the 4-hour chart over the past couple months shows this. Should point out that for Forex, I'm more interested in longer trades verses popping in and out of positions all day long.

So, looking for how the pair is trending today might be a little different I'd still look for the perfect EMA order. When I looked earlier, there was a lot of sideways action. I don't fight trends. Even on shorter time frames it is NOT true that the markets only trend when there is news and range when there is not. Phoenix , I think he meant as a rule of thumb and news would break the market from ranging or something along those lines.

So apparently this week there's going to be some major news and I want to see if this has the effect I was looking for. That should help give you s clearer picture of what's going on. However, you may be able to gauge when the market starts trending and when the market starts ranging by using 2 different settings of indicator suited for indicating trend strengths. Among many indicators are: I saw a quite interesting approach by using Keltner Channel and Bollinger Band: But once again, it's not easy to find the appropriate settings that can become a "hard switch" to determine market environments, because the market simply doesn't switch between market environments in an instant.

Rather, there are "transition periods" between trending to ranging and vice versa. For example, you may find a ranging period within a trending market, where the overall price move is still trending in one direction but the market loses its steam.

Back to using 2 different settings for the same trend strength indicator, I personally apply the first setting to be quicker in picking up the start of a trending market, and the second setting to be quicker in picking up the start of ranging market.

And here is how I interpret it: More likely this is either a retracement or just a weak trend with higher risk of entering with trend following system.

Anyway, this is just an idea. There are many ways to gauge market conditions, and different traders may prefer different approach.

All the best with your trades. You can quite easily determine if it's trending or ranging just by looking at the chart, if it's heading in one direction or another it's trending, if it's up and down all over the place it's ranging. I don't know why this 'corpse thread' got resurrected but, I have to say, that wing makes some interesting observations. The only problem, of course, being that all suggestions made indicators lag EVEN, unfortunately, Wilder's ADX.

To be fair biased??? ADX is far quicker to indicate the pause or imminent reversal of the trend than it is in indicating the beginning of a trading range. So for what it's worth: I've been trading and investing in the stock market for the past 7 year by the help of bloomberg website ticker and graph..

Indicators for trending vs ranging markets | tradimo

I can usually determine my stock security if it is overbought or oversold this indicate if it will going up or down.. LOL, I swear this site is as entertaining as it is informative, I thought the humor in the school was a fluke until I made my way to the forums and realized that it's embedded into the very culture of the site. Jokes aside, to make things more complex, a market can be trending on a higher timeframe eg weekly, daily but ranging on the 1 hour one for example If you draw some mas and they look orderly then it might be a trend.

If they look chaotic, then it might not be a trend. If the price is above a ma then it's a bullish sentiment. As far as defining the micro time frames that is a pretty huge discussion that would take me a while to type out. Basically, I look for a perfect order of: I'm going to try out your method now. Yes you are right of course.

How to identify ranging markets in our EA? - MQL4 and MetaTrader 4 - MQL4 programming forum

NO I didn't draw the 'heart'!!! Determing trending or ranging market Beginner Questions. I'm new to BabyPips. I also look at 10,50, EMA on this chart.

Anyway, hope I'm not too far off from your question. That sounds like someone who is inexperienced, and is describing momentum from news reaction. Thanks RebelRed for the descriptive response.

See this post of mine: Is this 'Spammer Scammer Weekend' or what??? Hello, and 'Welcome to the Thunderdome' or 'Madhouse' i. Once in a while somebody comes along saying there is no trend. Hey guys, Trends are totally discretionary as well. There is a trend on every time frame, I define trends into two categories: