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Stock patterns : Detection of range trading or trend
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Hi,
Is there a way to detect if a stock is range trading or following a trend? Did anybody work on that ??
Thanks
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There are huge number of ways to define if stock is traded in the range or in the trend. Main part of the trading is to define the trading mode and act appropriately. So all traders (except maybe pair traders) work on that.
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Hi,
thanks for your reply. I've stumbled upon this article and I find it quiet interesting.
it seems to work fairly well.
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If you have another article or papers that you can share it'll be great!!
