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Simple Chop Zone
The original Chop Zone indicator by Trading View is good, but has a few limitations which I've addressed in this one
This one has just 3 customizable colors for
* Uptrend - default = Turquoise
* Downtrend - default = red
* Everything else - default = lime
And you can set your own EMA length. The default is 34 as per the original Chop Zone indicator
- Too many colors which confuse and/or overwhelm users like me
- Inability to change the EMA period
This one has just 3 customizable colors for
* Uptrend - default = Turquoise
* Downtrend - default = red
* Everything else - default = lime
And you can set your own EMA length. The default is 34 as per the original Chop Zone indicator
Notes de version
- Added Inputs options for EMA Angle Uptrend and Downtrend - Defaults are 5 & -5. If you change the EMA from default 34 to any other, then the default threshold for Uptrend & downtrend no longer apply. So this is a way to change that.
- For faster EMA's i.e. faster than the default 34, use a higher EMA Angle value as the ema will tend to to rise/fall steeper and vice versa for slower EMA's
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.