Sideways Market Filter

[jmsblack18]

another method of sideways filter use bollinger bands indicator then check quality of trend in bollingerband techniq from 5minute chart to 15minute,30minute,1hour, 4 hour then decide quality of trend then trade with trend use higher time frame,,,,get money

That is right. This indi must have combined with bollinger band to give better result. I think using this indicator to watch sideway is not enough. because sometime the signal we get is different from market condition. Filter it with bollinger band as your entry point. It has give some significant result.

[moonletter]

i think without indicator, we can predict when will be a sideways and not. just by looking into the custom of stock market timing.
stock market always have a tendency of very aktive only in the first half hour of opening and closing. in the middle, they always going sideways. forex usually follow this kind of trend in stock market.

If you think so, what about trading on the over-lap session, the over-lap sessions per pipsnya movement also too big? is not it? I think the trend will change or the trend is not reversed at the beginning and end of the session, but can occur at any time.

[eoneadit]

i think without indicator, we can predict when will be a sideways and not. just by looking into the custom of stock market timing.
stock market always have a tendency of very aktive only in the first half hour of opening and closing. in the middle, they always going sideways. forex usually follow this kind of trend in stock market.

[naziafarhan]

Yes moving avarege is a ver good indicaor to identify the trend. And at the same time here is a line that is provided by the indicator which I think will give more screened result to make me profitabel in forex.

[jg6073727]

All these indicators are good to use but only one thing which we don't shear is pairs for indicators and time frame. Every indicator has its limitations on every pair. so also shear pairs

[sinaga]

be careful using this indicator due to the direction of the market movement today is difficult to analyze. She was able to give a profit when the market is calm and very vulnerable if the market is trending repaid. but thank you for sharing brother

[m3x_19]

Wow, that must be usefull indicators my friend, especially for them who likes to trade with the trend. So this indicator could help them to find a good trend. This indicator can also be used to filtering a signal from other indicators, for an example, the stochastic.

[sithara]

By using Bollinger Bands also you can trade with side way markets. You can sell at the upper resistance and buy at the lower resistance. But is is better if you use RSI along with this.
And regarding the above attached indicator , can we trade by only considering this indicator or we have to use another one to support it ?

[motiurbd]

It is if you are a trend trader... And in my view it works best on higher timeframe only... Lowest is 1hour... but it dont work well on ranging market... So watch out when market moves sideways...

[peteonthenet]

The indicators and setups i suggested in this thread is aid the trader to filter out trades during sideways market.

Trading during sideways market is Risky for a Trending System, but its provitable for Martingale Systems. so Sideways indicators can be used in both systems.

I think its not wise decision to trade when market moves on sideways. Because market can be moved to any direction anytime. If our decisions proven as wrong then we should suffer for these trades.