I was looking to write a logic for identifying sideways market for doing scalping…any pointers?
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May be, you may try out (bahut jhamela), Williams Alligator in TT: Keyword Documentation (tradetron.tech)
Basically if the Alligator is sleeping - the lips (fast MA), teeth (middle MA) and jaw (slow MA) are criss crossing and price is stuck b/w the lip and jaw then Most Likely it’s not a clear trend.
Tradetron does not have the Ichimoku Cloud indicator. Otherwise if the price stuck inside the cloud then it may be inferred as sideways.
