Thread: Woodie's choppy zone indicator
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Old 03-27-2006, 03:31 PM
newdigital newdigital is offline
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I tried this Woodie's choppy zone indicator as well and may say that this choppy indicator is working very well on D1 timeframe.

Strict red color is very strong sell. Strict blue is very strong buy.

Yellow and grey color is choppy market.

This indicator may estimate the trend.

And strength of trend (by changing the color of this indicator).

It is the good correlation with Braintrading signal indicators on D1 timeframe because this indicator may be as a filter as well: when we get buy signal and red color of this indicator we are not trading.
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