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AM Trend Exhaustion/Chop

This indicator lets you see when a trend may be exhausted and require consolidation, as well as choppy trading zones.
When the oscillator is in the bottom bar, the price is in a chop zone. When it reaches the top bar, it is due for consolidation.
When the oscillator is in the bottom bar, the price is in a chop zone. When it reaches the top bar, it is due for consolidation.
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Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. However, you can use it freely and without any limitations – learn more here.
Отказ от ответственности
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.