ChopShield Pro
- 지표
- 버전: 1.0
ChopShield Pro — Smart Range Shield & Trend Hunter
ChopShield Pro is a technical trend indicator that utilizes the dynamic momentum oscillator (Chande Momentum Oscillator — CMO) to automatically adapt its smoothing period to current market volatility.
Unlike standard fixed-period moving averages (EMA, SMA), ChopShield Pro continuously measures market momentum:
- In the consolidation phase (ranging market / chop): As relative volatility decreases, the smoothing factor drops, and the indicator line flattens into a horizontal plane, significantly reducing false crossovers.
- In the directional trend phase (momentum / volatility): As momentum surges, the algorithm's responsiveness increases, providing tight tracking of price action with minimal lag.
Key Features:
- Adaptive filtering of market noise during sideways consolidation.
- Dynamic identification of local support and resistance levels.
- Full multi-asset support: Forex, Metals (XAUUSD), Indices, Crypto.
- Non-Repainting — values on closed bars remain strictly permanent.
- Built-in alerts (Pop-up, Push notifications to mobile, Sound).
Input Parameters:
- Period — base period for smoothing calculation (default: 9 / 14).
- CMO Period — period of the dynamic momentum oscillator (default: 9).
- Applied Price — price type for calculation (Close, Open, High, Low, Typical, Median).
- Enable Alerts — enable sound, pop-up, and push notifications on direction change.
Recommendations:
- Can be used as a standalone trend filter or as part of complex trading systems.
- Recommended timeframes: M5, M15, H1, H4.
