Indicator for spotting trends vs. ranges

Quote from murray t turtle:

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Sridhar
Long story short, mostly [market] X will continue uptrend,
but for more info ;
may want to study trader Victor Sperandeo books.
Neat 1987 trend info-insight.
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No offense, but Vic was quoting average % change for trends- the most important detail he left out was the dispersion of the data points that make up the average. Why's this important? If Vic's studies lead him to state that the average intermediate uptrend is a 25% move but the dispersion is +/- 15%, using the average is useless for real-time trading (the spread could be anywhere from 5% to 40%).
 
Quote from svrart:

Hi,

What indicators can one use to know if the market is going to be in a trend or a range?

eg. Futures X is trending strongly up. Using other indicators, feel etc i decide that the trend is about over. Then what indicator can i look at, to know if X will be in a trading range or on a down trend?

Please dont talk about the risks of going against a trend. My only question is - what indicator to use to tell if the future action will be a range or a trend.

Thanks,
Sridhar
More...

People often ignore simple but widely known methods.

Moving averages (you know, KISS :P) are good candidates to spot trend. Another candidate is MACD. Probably any trending indicator can do the job. Pick one which you feel most comfortable or useful.

For ranges, turn to overbought/oversold indicators like RSI.
 
the answer is none. there is no indicator that will tell you when the chop begins and the trend ends. I know when the chop begins because my trending strategy fails several times in a row. By then it is too late to avoid losing. So the question should be "How do you survive the transitions between trending and consolidating phases of the markets?"
 
Quote from svrart:

Hi,

What indicators can one use to know if the market is going to be in a trend or a range?

eg. Futures X is trending strongly up. Using other indicators, feel etc i decide that the trend is about over. Then what indicator can i look at, to know if X will be in a trading range or on a down trend?

Please dont talk about the risks of going against a trend. My only question is - what indicator to use to tell if the future action will be a range or a trend.

Thanks,
Sridhar
More...
lots of experts around on that one to give you perfectly useless answers.
 
Quote from science_trader:

Hmm, it's a joke, isn't it ?

Market in range -> use of range-type strategies
Market in trend -> use of trend following-type strategies
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NN: Please tell me that the above tips dated 12-29-04 are useful, as I hope.

Until today I'm still working hard to figure that out.

Quote from nononsense:

lots of experts around on that one to give you perfectly useless answers.
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:confused:
 
Quote from OddTrader:

NN: Please tell me that the above tips dated 12-29-04 are useful, as I hope.

Until today I'm still working hard to figure that out.

:confused:
More...
Couldn't find anything dated 12-29-04.
:confused:
 
Quote from hardyards:

Price and volume are your 2 indicators.
Split vol into bid vol and ask vol and apply it to price.
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Does anyone know what software can do that?

Plus record volume(bid/ask) on different price levels.

Thank you. :)
 
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