OPEN-SOURCE SCRIPT
Chop and explode (ps4)
The purpose of this script is to decipher chop zones from runs/movement/explosion. See description in the code.
Added scaler to remove indicator rendering problems.
Added scaler to remove indicator rendering problems.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.