This is range bound and a lot of it could qualify as chop.

Interesting, because to me that is a nice trend and lots of places where I would take trades! hah

Trankuility 

Interesting, because to me that is a nice trend and lots of places where I would take trades! hah

That was my point.

Everyone has different criteria for trading methods as well as what qualifies as chop, range bound, Good/Bad trading opportunities.

You saw opportunities for "LOTS" of trades. The way I trade called for 1 trade which went to +60 .

ThatManFromTexas 

This is range bound and a lot of it could qualify as chop. Attachment 36848

Hello @ThatManFromTexas,

Would you share what bands and the settings you are currently using???

TIA,

Rick

trs3042 

Hello @ThatManFromTexas, Would you share what bands and the settings you are currently using??? TIA, Rick

The baseline is EMA((EMA,10),10)

The bands are 20 tick offsets.

ThatManFromTexas 

The baseline is EMA((EMA,10),10) The bands are 20 tick offsets.

@ThatManFromTexas

Would you explain how to set that up? I've never seen it worded that way.

TIA,

Rick

ThatManFromTexas 

That was my point. Everyone has different criteria for trading methods as well as what qualifies as chop, range bound, Good/Bad trading opportunities. You saw opportunities for "LOTS" of trades. The way I trade called for 1 trade which went to +60 .

I hear ya good sir.

trs3042 

@ThatManFromTexas Would you explain how to set that up? I've never seen it worded that way. TIA, Rick

@trs3042

That is a smoothed ema or a double ema (and ema of an ema).

This indicator I posted in the elite downloads. It will let you use a double or single moving avaerge of a bunch of different types. To make a double EMA , set both choices to EMA with the same length

https://nexusfi.com/free_downloads/vip_elite_circle/791-download.html?view

ThatManFromTexas 

@trs3042 That is a smoothed ema or a double ema (and ema of an ema). This indicator I posted in the elite downloads. It will let you use a double or single moving avaerge of a bunch of different types. To make a double EMA , set both choices to EMA with the same length https://nexusfi.com/free_downloads/vip_elite_circle/791-download.html?view

@ThatManFromTexas,

Ok, got the baseline. One more question.......how do you create the 20 tick offset??? Sorry for all the questions.

Rick

trs3042 

@ThatManFromTexas, Ok, got the baseline. One more question.......how do you create the 20 tick offset??? Sorry for all the questions. Rick

@trs3042

Check your PM