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ZombieStar
Jul 20, 2020 8:30 PM

Chop Zone 10k Education

SPDR S&P 500 ETF TRUSTArca

Description

Introducing the Chop Zone 10k. This is an improved version of the Chop Zone 9000 and includes "RSI-like" lines but this is not RSI-- it's better than RSI. There are 5 lines and as the selling begins, 4 of the 5 split into positive and negative dualities, resulting in very hot "do not touch" look on the chart. If you do touch it while it's hot, you may get electrocuted! Real RSI at the bottom for comparison. This indicator would have gotten people out of the market as early as FEB 20th and back into the game on March 24th. I created this indicator to create trading as easy as possible. There are no special rules on how to use. It is also my belief that the tools made available to average traders are severely lacking because all of them require additional indicators to verify the signal. I am not sure if there is much else I can do with Chop Zone. This is pretty much as good as it gets.
Comments
Rolandmele
Looks amazing!!!
bjersey
Looks amazing! You're definitely right about needing so many indicators for confirmation. I been closely following your ideas because I feel like it could help me reduce reliance on so many different indicators. Very excited for the release.
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