You can see the Choppy Zone indicator will work fantastically when used for Day candle chart to avoid choppy area , You can do two major identifications with this 01) Choppy Zone are created by Smart Money because they will be accumulating the stocks ,so you can come to know once you reach choppy zone and indicator will show you its choppy 02) Check the volume it will be keep increasing and decreasing with out Major difference so you will understand the smart money is buying 03) Use of Volume oscillator for identifying the increase in volume accumulation and use investments decision with the smart money so you can grow your Investments and your life can be very beautiful Cheers
Comments
mscarborough
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What do all the colors mean? Burgundy and cyan are obvious, what about the others?
mscarborough
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Correction; turquoise and dark red. I read your code. I get it now.
apajre
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@mscarborough, Will explain how to understand the colors? What does each color means?
Bilal12121
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Hello there, is this repainting?
sharewasi
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Hi ,
Shivji.
Can you throw more light on the strategy how to use chop zone indicator? There are no recent posts by you regarding this indicator.Does it means that indicator is not giving good results?