Tool: Chop & Trade Zones

5 באוג׳ 2020

A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades

It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line.
The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing.

Thanks dgtrd and imzeeshan for the inspiration 🙏