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[blackcat] L1 Chop Zones

4470
Level: 1

Background

I was inspired by NILX's "Tool: Chop & Trade Zones". This can used as an element for trading system control.

Function

I use my own customized algorithm to replace that core of NILX one, which is targetting to provide smoother and trend for chop and trend judgement.
Since it is quite differnt now but an oscillator within range of 0~100. The pro is it can use the contstant threshold values for all time frames and all trading pairs now.

Remarks

Feedbacks are appreciated.
Nota Keluaran
make the plot line change color according to sentiment

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.