PZ Flat Market Index MT5
This indicator calculates how relatively shifted symbol to find the trend or to the flat market. It displays what percentage of the latter price range is directional.
- A value of zero indicates that the absolute flat is on the market.
- A value of 100 means that the market trend is fully
- The blue line indicates that the price range is healthy
- The red line indicates that the price range is narrow
- Moving Average - an index to the flat market (FMI)
It has immediate opportunities for trade.
- Use strategy to trade with the trend, when the blue line is above and FMI
- Use strategy for range trading, when the red line is below and FMI
- Choose tools on the basis of FMI
This indicator is particularly useful to avoid to the flat market in your advisors.
Author
Arturo Lopez Perez, a private , speculator, programmer and founder of Point Zero Trading Solutions.
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