"The Advanced Choppiness Indicator with CPMA is a technical analysis tool designed to assist traders in identifying choppy market conditions and determining trend direction. It combines two key components: the Choppiness Index and a Custom Price Moving Average (CPMA). The Choppiness Index is calculated using the Average True Range (ATR), which measures market...
The original Chop Zone indicator by Trading View is good, but has a few limitations which I've addressed in this one Too many colors which confuse and/or overwhelm users like me Inability to change the EMA period This one has just 3 customizable colors for Uptrend - default = Turquoise Downtrend - default = red Everything else - default = lime And...
What is a Cluster Filter? One of the approaches to determining a useful signal (trend) in stream data. Small filtering (smoothing) tests applied to market quotes demonstrate the potential for creating non-lagging digital filters (indicators) that are not redrawn on the last bars. Standard Approach This approach is based on classical time series smoothing...
This script aims to help identify sideways markets. Once price leaves the Box the market will usually start a trending phase. Users can set a percent range to detect markets moving sideways within the range.
Based On the "Chop and explode Indicator by fhenry0331 We Updated to Pine 5 - Added break out alerts and Signals -Customize thresholds How To use when the line is blue confirmed Buy Line is Red confirmed Sell ALWAYS use in confirmation with your strategy and Trade with the trend. Match with the on chart version for best results
This is my spin on the Chop Zone indicator. It was forked from the built-in TradingView Chop Zone indicator. There were several reasons for this effort... The built-in indicator version had no real configuration options It was hard-coded to use the 34-period EMA with fixed span sizes for identifying price range There was no real context to the meaning of...
A simple tile on the chart that indicates the choppiness index on the chart for the chart's timeframe. The index tile will show 3 different colors based on the value of the choppiness index. 61.8 for the high threshold and 38.2 for the lower threshold.
Phantom Trader is a "counter-trend" strategy built to take advantage of non-linear trading ranges and heavy chop zones. Phantom Script is forward-thinking, and will project the next possible reversal zone (PRZ) well head of the move. This script can be utilized for : Hedging Swing...
Based on Changes: - red bars removed and replaced by silver ones - yellow bar (start of new trend) had been added - more parameters can be set in settings dialogue (SW constants as well)
This indicator lets you see when a trend may be exhausted and require consolidation, as well as choppy trading zones. When the oscillator is in the bottom bar, the price is in a chop zone. When it reaches the top bar, it is due for consolidation.
This is another implementation of the Chop index that also has a smoothed chop. Marked for more visibility the extreme and danger zone crosses. Colored areas for better visibility. Added alerts on danger and extreme zone crosses (up/down). !!! Don't use it as RSI to see overbought and oversold
The purpose of this script is to decipher chop zones from runs/movement/explosion The chop is RSI movement between 40 and 60 tight chop is RSI movement between 45 and 55. There should be an explosion after RSI breaks through 60 (long) or 40 (short). Tight chop bars are colored black, a series of black bars is tight consolidation and should explode imminently. The...
Excelente indicador a mi parecer, bastante complejo pero muy bien acoplado; dejo aquí las fuentes para aprender a utilizarlo: www.x-trader.net www.x-trader.net www.x-trader.net www.x-trader.net
Chop Filter based on Chaikin's Volatility but faster with 0 lag. Use it to filter out (in brown) when it is not worth trading as we are in chop zone.