Is there such a thing. Im looking for a sideways market finder and to trade it. Once then market is hitting a small range of around 20-30 pips range sideways I want the EA to trade this. I will be looking to turn this EA on and off at cetain times in a day or even leave it on 24/7
can anyone help
thanks
ADX indicator measures trend strength. When it falls below 25 and more so 20 on M15 u often have a range. It can’t of course tell you how long this will last. And whether you use 15, 5 or 30 depends on your trading profile.
i found a ea which finds a range then trades the breakout but how to set the parameters to reverse the signals it outputs. eg. if the its a buy i want to sell and vice versa .
lol, I was actually going to jokingly recommend that. Take a simple ma cross over EA and reverse the signals (switch the words “buy” and “sell” in the code? lol)…we know a range is an account killer for ma cross systems. I say jokingly because I don’t use EAs, and would never actually do this.