Does anyone have a good indicator that could prevent taking an entry signal when price is choppy?

Question

Jacob · Accepted Answer

The Adaptive Price Zone, also commonly referred to as APZ, is an indicator that is particularly useful for choppy markets. This volatility-based indicator can be represented as a series of bands over price charts, and aids traders in identifying potential turning points in the market.When the market witnesses more significant swings in price, the distance between the APZ bands will further be augmented. Conversely, when the market witnesses decreased price movements, these APZ bands will get further constricted.Used mainly when the markets are choppy and non-trending in nature, this technical indicator is useful when making a decision to sell (in the case when the price surpasses the upper APZ band) and to purchase (when the price pushes through the lower APZ band).However, while useful in the above-mentioned situations, the APZ indicator isn’t of much significance as a stand-alone indicator and can be supplemented with the use of an Average Directional Index (ADX).

Does anyone have a good indicator that could prevent taking an entry signal when price is choppy?

1 Answer

1 Answer

Does anyone have a good indicator that could prevent taking an entry signal when price is choppy?

1 Answer

1 Answer

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