Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Huraian
⋅
This is a refactored and advanced version of my filter tool "Chop and Trade Zones"
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.
New Features:
More than 60+ Moving Averages to choose from
Multi-Timeframe Selection with Repaint Protection
Signal Plot so you can access the signal from another TradingView study/strategy (0 = No Trade Zone / 1 = Long Only / 2 = Short Only / 3 = Long & Short Allowed)
Alerts for Long/Short Zones (you could enable/disable your trading bots automatically)
Idea looks great but doesnt work, been playing around with settings but the line stays in no trading zone:(
PeytoLake
⋅
In addition to comments on your previous and new Chop Indicator : it doesn't work (flat line). Haven't find any propper feedback or support in regarding this issue (from you or other traders)
Yahmez
⋅
This doesn't work
nomacac684
⋅
pl give me access
Invest0rStallone
⋅
how to make this work for lower timeframes like eg. 5min on US100?
robfoot
⋅
Hi, quick question, how do you access the signal plot from another strategy? Struggling to call the variable
mangelv942
⋅
this work for stocks?
rhanna
⋅
Thanks mate for the updated version. i really like it a lot.