Kaufman Efficiency Ratio, use it as market filter or signal generator!

[@kaveh6161]

Great trend following and mean reversion setups thanks

[@StatOasis]

Efficiency ratio is a great filter

[@jack_sparrow1049]

does this indicator have any chop line ( i saw on another youtube indicator)

[@StatOasis]

do you mean zero line? if so, then no it ranges from 0 to 1

[@jack_sparrow1049]

@@StatOasis i saw a video on KZbin in which he said about a threshold line. Thanks for reply and what settings should i use on 5m TF...... Please can you suggest any indicator or someone's study to identify range or choppy markets

[@StatOasis]

1 means trending and 0 means choppy, 0.5 is a good threshold to use. When you use it on 5 minutes then it will give you indication on 5 minutes

[@Matt04108]

It looks like this is already included in v 130. It says that I am over-writing an existing file.

[@StatOasis]

yes, they did include it in v1.3 and I do mention that in my review of v1.3 it is the same code so no need to import.

[@tpaul5102]

Please how do I get vps and how to installed it for trading

[@StatOasis]

working on this topic, stay tuned

[@tpaul5102]

@@StatOasis ok

[@emmanuelarmah8552]

Cotanbo vps is cheaper and they guarantee RAM usage,very fast