If it is mostly moving horizontally for an extended amount of time, then the price isn't trending, it is ranging. While general overbought and oversold levels can be accurate occasionally, they may not provide the most timely signals for trend traders.
Combine indicator strategies, or come up with your own guidelines, so entry and exit criteria are clearly established for trades. For investors and long-term trend followers, the 200-day, 100-day and 50-day simple moving average are popular choices.
Trading platforms used by insurance companies|
Equity trading strategies
Mt4 broker london