chop

  1. Jack_b

    Trend vs Chop

    @samer800 , sorry to trouble you but might you write a simple indicator to identify trend vs. chop based on Ripster's principles. thank you 1. 10 AM Concept plays a big Role New Highs or Lows by 10 to 10:30 AM: A clear indicator of a trend day is when the market reaches a new high or low by 10...
  2. samer800

    [blackcat] L1 Chop Zones for ThinkOrSwim

    Author Message: Background 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 targeting to provide smoother and trend for chop and trend judgement. Since...
  3. R

    Chop Range For Fractal Energy

    Hello... I am using: https://usethinkscript.com/threads/fractal-energy-fe-or-fractal-linear-energy-fle-aka-chop-index-for-thinkorswim.341/#post-2034 Can you provide a transcript of the studies range (lowest point with highest point) yesterday (D-1), last 5 days range (D-5), last 7 days range...
  4. M

    How to PREDICT Chop

    Like the title says, I'm looking for an indicator to predict a period of choppiness. I've been looking for a good trigger to sell iron condors, and chop is easy to see AFTER the fact, and there are some good trend exhaustion indicators in here that are great at finding reversals, which almost...
  5. S

    Chop Zone with Moving Average For ThinkOrSwim

    https://www.tradingview.com/script/8IaHOdPX-Chop-Zone-SamX/ To get to the code you can use above link - add the indicator to your TV chart -- and click on code link - to see the code - but otherwise I have added for you above.
  6. samer800

    RedK Chop & Breakout Scout V2.0 for ThinkOrSwim

    I added alert to be shows on the indicator. Message from the author: The RedK Chop & Breakout Scout (C&BS or just CBS) is a centered oscillator that helps traders identify when the price is in a chop zone, where it's recommended to avoid trading or exit existing trades - and helps identify...
  7. MerryDay

    Identifying Chop, Sideways, Consolidation, Contraction, Congestion For ThinkOrSwim

    Most of 'Chop, Sideways, Consolidation, Contraction, Congestion' indicators display similar data: the zones where price lacks trend, momentum, volume, and direction; basically just lying there like a dead fish, not going anywhere ;). What you use depends on what works best with your strategy...
  8. S

    Indicator to identify a sideways market

    Folks, Is there a indicator out there that would aid in avoiding a sideways market like attached please
  9. 8Nick8

    Finding stocks on sideways trend

    Hi all, i am learning to trade options by selling cash secured puts to collect premiums. May i know how to customise a scanner to scan for stocks that are on sideways trend for at least 30days? Or any recommendations that can generate a list stocks with good premiums to sell puts are welcomed...
  10. T

    Choppiness Index Indicator for ThinkorSwim

    For those interested, here is a Choppiness Indicator that Mobius posted several years ago. This is helpful for those who'd like another measure of defining trend, chop, etc The Choppiness Index was developed by Australian commodity trader E.W. Dreiss and may be used to determine if the market...
  11. markos

    Fractal Energy (FE) or Fractal Linear Energy (FLE) aka Chop Index for ThinkorSwim

    Name this Study "FractalEnergy" in ToS https://tos.mx/b5pYH5 # Attributed to Doc Severson & Mobius at Theotrade 2017. # The Choppiness Index was created by Australian commodity trader E.W. Dreiss.# # Name this Study "FractalEnergy" in ToS declare lower; input Period = 14; input l2 =...

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support
Try VIP Club Today

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top