Nik_Chop_Overlay — Indicator by nik0580

AAPL

A tool/ indicator to predict volatility mean reversion zone for both scalper and Trend Traders

Green Zone: Market to possibly remain Sideways / Choppy / Squeeze predicted
Blue Label up : sideways move started (Market to possibly stay in range for next appx. 4 to 8 bars, relative to past 7 to 15 bars)
Red Arrow : Volatility most like to increase (In any direction)

Scalpers : Entry and Exit in Green zone
Trend Traders : Avoid Green zones or be patient in green zone

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