PROTECTED SOURCE SCRIPT
Trend-Efficiency Line
Simple yet Powerful script to identify trending vs choppy zones(no trade zones). Can be used on any time frame, just adjust the lookback and threshold to your preferences. I personally keep an 18 lookback with a 2.5 threshold for scalping NQ on 1m charts. Easy to set alerts on so you know when a trend is beginning, otherwise keep your eyes off the charts.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.