Non-trending markets are usually not considered friendly for directional traders, breakout traders, and trend traders. However it is highly preferred by non-directional traders.
SBER SMI helps you know timely that market is non-trending in the following ways:
- Price sandwitched between decision range markings (purple lines). Wider the range, better is for non-directional traders
- Price has given breakout of decision range but yet to test strength level
- Textual information on expected range (useful for non-directional traders once price reaches desired range)