The market at the moment is 'blah'. I mean, anyone can see that. But what about coding for moments when the market is like this?
Momentum doesn't show it, nor volatility, nor ROC, nor any MA....and yet it's very clear, even last night, that nothing was going to happen much today.
I have a few composite indicators I use, and yes, they are down, but not more down than other times when the spec market was ripping along.
I need a good "standstill" composite indicator if anyone has one. Currently I use intuition, which is reliable but requires a fair bit of work and I haven't found a way to automate it. Less work is always preferable.