Stay Out Of Choppy Markets (Free Indicator Download From Counter Punch Trader)
One of the reasons for Counter Punch Trader day trading success is the Chop Indicator. Now you can download this powerful indicator for free.
If you are an active day trader, you know nothing eats up your profits like placing trades in a choppy market. When market conditions are favorable, you can rack up some nice profits very quickly and easily. But when the market is choppy, moving up and down with no clear direction, trading can be very frustrating and costly.
Here is an free indicator you can use to keep you out of choppy markets:
Here is what it looks like when you put it on your charts:
One of the interesting benefits about the Counter Punch Trader Chop Indicator is it not only keeps you out of choppy markets, but it can help you catch the breakout AFTER the choppy market ends for some nice profits. When choppy markets end, there is usually a nice burst to breakout from the consolidation. And when that range breaks out, there are some good profits to be made.
The Choppy Market indicator is part of Counter Punch Trader, a highly accurate and profitable system primarily for day traders. And one of the reasons for its success is the Choppy Market indicator. You can download it for free and check it out… and see if it improves your accuracy on the day trading system you are trading.
If you do not already have a good day trading system, I would recommend checking out more about Counter Punch Trader… it is a simple system to learn and very profitable.