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hi,
the beginning of chop you dont realize - thats fact.
but then - if its not making real HH / LL in this timeframe, its a warning for me. i stop trading + watch the market. for new trades to start again , i want to see new + clear steps with a HH / LL - series out of the range - not only a one-time peak above/below. thats pure priceaction-reading then.
or - like said - a break out in bigger charts.
a second way that could be traded countertrend on the the edges of the range, using some kind of a channel indicator - but thats another tradingstyle - i personaly cant handle that good - so i stay away.
max-td
I found this software company called Scalper Software. They claim that their pivot indicator works realy well in choppy conditions. I am considering buying the indicator for additional confirmation ... Here is what it looks like
Try and get a trial first. I've spent a lot of money on indicators, and my opinion is that if they don't offer a way to view them in action for free, even if it's only for a few days, then they are hiding something or over-marketing it.
I pracically check this, It works in choppy markets , perticularly for ES with 4 range charts. But as you higher for range risk level increases. I practically check lot of softwares . This is some what useful about 50:50 in Choppy Markets.