How to define a "Ranging" Market using the MACD-v
One of the most challenging & frustrating tasks for a trader,
is to define with a rules-based (systematic) methodology
and identify on a real-time basis,
when the market is in a trading range.
Using the MACD-v both of these goals are achieved.
The market is defined as being as "Ranging"
(one of the Core 7 Range Rules/States)
when the MACD-v is between the -50 and 50 ranges,
for more than 25 bars consecutively.
is to define with a rules-based (systematic) methodology
and identify on a real-time basis,
when the market is in a trading range.
Using the MACD-v both of these goals are achieved.
The market is defined as being as "Ranging"
(one of the Core 7 Range Rules/States)
when the MACD-v is between the -50 and 50 ranges,
for more than 25 bars consecutively.
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AlexSpiroglou.com
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