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Kaufman Efficiency Ratio
This indicator is ported from on FatTails' Kaufman Efficiency Ratio indicator for NinjaTrader 7.
The Kaufman Efficiency Ratio shows the amount of "trendiness" versus chop. When the Efficiency Ratio crosses above the chop line, there is a trend. If the Efficiency Ratio crosses below that, the market is range bound.
Efficiency Ratio's above the horizontal chop line cause this line to be coloured yellow to help with the interpretation of chop vs trend.
Category
MultiCharts
Details:
Kaufman Efficiency Ratio
Category:
MultiCharts
January 21st, 2012
Size: 8.71 KB
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Jura
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September 27th, 2016 03:46 PM
hobbys11
thanks
February 1st, 2014 02:47 PM
hamstrus
Very nice, thanks!
January 22nd, 2012 07:08 PM
Fat Tails
Excellent visualization of the trend.
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