This is one of the ingredients behind my personal indicator script. It's really powerful when used with my chop indicator to avoid flat trades
IgniteFX
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@colinmck, Which chop indicator are you referring to please mate?
colinmck
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@ipanoramic360, haven't published it as a stand-alone tool as yet, but you can see it in action in the screenshot above and within my 5 min scalping tool. Red boxes at the bottom of the screen indicate areas of no trade for the QQE script.
IgniteFX
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@colinmck, Yeah I see, nice. I'm not a scalper, but your work is intriguing me to have a look. Thanks for the explanation mate.
guntavanuk
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@colinmck, Looking forward to this chopping indicator as well. Keep us posted when you release it.