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According to the author, web references, we have.
Ranging/Sideways market
ATR(14) > Standard Deviation(14)
Trending market
ATR(14) < Standard Deviation(14) it means EUR/USD
if A.DATA[period] > mathex.stdev(source[Price], period - SP + 1, period) then
Value:setColor(period, instance.parameters.Tranding);
else
Value:setColor(period, instance.parameters.Ranging);
end
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