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SFX Trend or Range

70 555
A remarkably simple but very useful indicator. Earlier and clearer signals than ADX or VHF. More positive ranging signal than any other indicators.

Aqua = ATR
Orange = StdDev
Red = Smoothed Moving Average of the StdDev


Usage:

Any pair, any time frame. Best used on majors and M15 period or higher

  • Orange breaks above Red when below Aqua = Trend building
  • Orange breaks below Red when above Aqua = Trend exhausting
  • Orange below Red when below Aqua = Ranging/Sideways market

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