The Chop and Trend Index (CTI) is a unique indicator that provides a different perspective on market conditions compared to traditional oscillators. It is designed to identify periods of market chop and strong trends, and it does so by combining two key components: the number of halfback taps and the strength of the trend. The CTI is calculated by first...
This indicator is designed to be used with Market Profile / Volume Profile trading techniques on a 30min chart. The halfback of a candle is the mid point between the high and the low of the candle. A halfback trade can be taken once price retraces into this point as support/resistance using the prevailing trend as your trade direction. One-Time-Framing is a...
This is a line plotted at the 505 retrace of a swing high swing low move, it has an adjustable look back period, with a default setting on 60 bars. The purpose for me is when we have a decent move in one direction any retracement that does not get past the 50% area of the move is a decent trade in the direction of the first move.