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Chop & Trend

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Chop & Trend
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A handy little indicator illustrating not only areas of Chop or "flat" market conditions, but also to indicate the start of a new trend and the new trend's direction.

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Using just a few algorithms to indicate the aforementioned (RSI, Jurik Moving Average and Angle of MA) we've tried to keep it simple as we believe adding too many variables can only degrade a good indicator, and not enhance it, as many would lead you to believe.

There's a few settings to play with regarding Relative Strength, Jurik MA and the ability to set an angle to determine when chop/trend starts or ends.

Good Luck and Happy Trading!
-theCrypster
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UPDATE -
- Tidied code and added comments for better clarity

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