sir, if you think that market is going to be rangebound you can use a indicator like RSI 14 which I think is better than other oscillators.
But pls note that we never know if market will turn choppy or trend ahead. So better trade RSI signal only after crossover. Example - Not to enter short when it cross above 70 or 80 line. Look to short when it fall below that line from above. Because majority of trending moves happen when oscillators are at overbought / oversold regions. So you can avoid getting into dangerous wrong sides.
Hi
My question is i want to avoid trending days or trending markets... I knew it is impossible to know whether when trending moves starts and ends...
Yes you are right that oscillators can be used in rangebounding market...
I tested different method it gives about 600 points in crude mega in 17 trading session but remaining 3 trading season wipes out all profits , ends in negative... Those 3 sessions are strong one sided move ...
Usually it will be other way around...people used to make money in these 3 strong trending days, loose everything or partially in other 17 days