Defining lateral/horizonta market movements

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    AlbaranAlbaran
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    Hi there,

    I’m trying to avoid entering markets where there’s literally no movement/volatility by defining lateral/horizontal movements. A try below!

    c1 = highest[45](high) - Lowest[45](low) <= 45

    Where c1 defines the max retracement between high and low

    c2 = Lowest[45](low) > Lowest[90](low)
    c3 = highest[45](high) < highest[90](high)

    And c2 and c3 define the actual horizontal market movement..

    What do you think? More parameters to be defined, I’d love to hear it…

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Defining lateral/horizonta market movements


ProBuilder: Indicators & Custom Tools

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Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 10/15/2021
Status: Active
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