Why use the Flat Market and Low ADX Indicator ? Flat markets, where prices remain within a narrow range for an extended period, can be both critical and dangerous for traders. In a flat market, the price action becomes less predictable, and traders may struggle to find profitable trading opportunities. As a result, many traders may decide to take a break from...
This simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width. It's showing the Bollinger Bands in red when the market is detected as flat. You can adjust the Width Threshold with precision on the inputs settings. Enjoy :)
Introduction People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of...