The All Seeing Eye is the Logarithmic Ultimate Oscillator (marked blue) interposed with a special Choppiness Index I call the "Trend Energy Index" (marked red) that has been averaged over multiple time frames. Key levels are set at the 50 center line, and then 1 and 2 standard deviations from the center line. This oscillator is intended for use in the standard...
This is a fairly complex, but powerful indicator that combines 3 different indicators. 1. Chaikin Money Flow (CMF)- Oscillator that uses the sum of Money Flow Volume (MFV) values over n periods to determine and compare the amount of buying/selling pressure. We modified the CMF's scale so that values fluctuate between {-100, 100} for easier...
INDICATOR DESCRIPTION Quintalytics Trend Sentry is a combination of a Trend direction, Momentum, Sideways/Chop Detection, Trade position setup and Trade position exit indicator. This indicator is suitable for use in all timeframes, chart types (Bar, Renko, Range, etc.) and markets. Trend Sentry is presented on the chart as a Histogram (values above and below...
RSI in Laguerre Time with Embedded Fractal Energy Includes all features of the CHOP_LRSI indicator Added possibility to select 5x or 25x factor for HTF All advanced features deactivated by default Added LRSI crossover/crossunder alert conditions
This script shows choppy zones and attempts to estimate the proceeding direction using a variety of methods. The methods used to calculate the estimate are user configurable.
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
Approach for detecting price 'chop'. It's quite simple; instead of trying to detect chop, just measure the weakness of a trend. This is done by essentially taking two moving averages, measuring their relative difference and then take a moving average of this difference of 'n' periods (Lookback) The result can be measured against a threshold 'floor' which...
Highlights areas where there is an increase in volatility and trend. Does not determine direction, just good times to trade.
Here is a solution to find entry points to trade. This indicator highlights price sections with low choppiness, where both the ADX (Average Directional Index) indicator shows strong movement (up or down!) in the price and a customized Money Flow indicator (which uses only the change of the volume not the change of the price, hence a Volume Flow indicator), also...
2017 - First Code This is a another way of looking at DMI indicator. Almost similar to any oscillator. You still need to understand the indicator and chart before you can trade with these. ---------------------------------------------------------------------------
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.
Chop Filter to remove lateral trade under a threshold. Change the FilterOut parameter to filter all you want. Example of a model using it with a filtering of 0.003 (use to filter out to the level you prefer):