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Chop Indicators


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Chop Indicators

  #21 (permalink)
 psnively 
Florida
 
Experience: Intermediate
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Is it possible to get your settings for the two graphs at the bottom of your chart.....a snapshot etc....

Thanks you

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  #22 (permalink)
 
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 sharky 
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so panel 2 has two indicators the eco2 and the macd and panel 3 is the 22 ema 22 zerolag...sharky

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  #23 (permalink)
 sukhsan 
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psnively,

Check post #18 on page 2 u will see the parameters
3rd panel is ECO 7,4,21 in plots fading with 80 width and style as Hash all other transparent and squeeze the panel
4th panel is 20-20 zero lag DMA instead if line with big size width and Hash and squeeze

Also check above Sharkye's post

That is it

SSS

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  #24 (permalink)
 zeller4 
Orlando Florida
 
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Thanks SSS and Sharky,

Just delete the label if it's in the way when you load the indicator.

I made this because I have to load / unload indicators all the time!

Test to see if it works for you. If I can finalize the rest of the chart, I'll post an updated screenshot.

HTH,

Kirk

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  #25 (permalink)
 KJAVED 
Toronto Canada
 
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Could you please bring up indication/signal on the chart ( up or down arrow), when signal line cross below or up ECO2 line. I know it is out of way, if you could, it will be great.

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  #26 (permalink)
 MXASJ 
Asia
 
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RE: Chop Indicator

There is an indicator called "ATRRatio" which you can place at the bottom of your chart as a visual filter. Red means there is not enough volatility in the price to trade, green means there is. You can also use it in a Strategy to filter entries where ATRRatio>1 must be true before entering a trade.

If you look at a 5 min ES chart with the default settings for ATRRatio, you will see it generally only lets you enter during the first few hours of European trading, then the US market open up until about 11:00 am, then the afternoon session after about 2pm... which makes sense.

Good luck!

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  #27 (permalink)
 zeller4 
Orlando Florida
 
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found the NT support thread download here for the ATRratio

thanks MXASJ.

kz

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  #28 (permalink)
 
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 sharky 
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mxasj thanks i will look at that and see if i can use it in my charts somehow will let you know what i think after a couple of days playing with it...sharky

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  #29 (permalink)
 MXASJ 
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Also try it with a 4 Range chart on the ES. Got a long signal at 7:56 EST on the 4 Range that I didn't get on the 5 min. That trade would have worked out.

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  #30 (permalink)
 MXASJ 
Asia
 
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Side-by-side ATRRatio (bottom panel of the charts) with ES 5min and ES 4Range after the European open. Note sure how useful that indicator is on a range chart, at least with the default settings.

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