The Elite Circle - Chop Zones
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Chop Zones 5 *
Here is an indicator that I had my programmer whip up for me as I was looking at adding time and volatility for use with Range and Renko bars.

Average Bars per minute - if the average time per minute then smoothed by a moving average is over x period of time - don't trade.

Period and Signal are from the ADX component of the DM, the reason I had my programmer use DM instead of just the ADX is to experiment with the +DI and -DI. But the + and -DI and not functional in this version but instead time per bar is used. As always my indicators have JAM in front so I can keep them in one place. Feel free to rename for your own organization process.
(Vendor License taken out sorry)
JAM


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January 11th, 2012
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