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Tool: Chop and Trade Zones (v2)

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This is a refactored and advanced version of my filter tool "Chop and Trade Zones"

A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades.

It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line.
The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing.

New Features:
  • More than 60+ Moving Averages to choose from
  • Multi-Timeframe Selection with Repaint Protection
  • Signal Plot so you can access the signal from another TradingView study/strategy (0 = No Trade Zone / 1 = Long Only / 2 = Short Only / 3 = Long & Short Allowed)
  • Alerts for Long/Short Zones (you could enable/disable your trading bots automatically)

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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.