http://fxprosystems.com/choppy-market-index/ Rules Strategy Choppy Market Index
Trading in volatile/choppy market:
Buy when the moving average (blue line) indicator below 40 CMI and CMI red line itself.
Sell when the moving average (blue line) indicator below 40 CMI and CMI of the green line.
Exit the position when CMI exceeds 50.
Trading in a trending market:
Buy when the blue moving average above 60 and the line color CMI - green.
Sell when the blue moving average above 60 and the line color CMI - red.
Exit the position when CMI falls below 50.
Range strategy rules:
1. Enter a long when the 10-bar SMA of the 60-bar CMI
is below 40 and the difference between the current
bar’s close and the close 20 bars ago is negative.
2. Enter a short when the 10-bar SMA
of the 60-bar CMI is below 40 and
the difference between the current
bar’s close and the close and the
close 20 bars ago is positive.
3. Exit trades when the CMI moves
above 50.
Trend strategy rules:
1. Enter a long when the 10-bar SMA
of the 60-bar CMI is above 60 and
the difference between the current
bar’s close and the close 20 bars
ago is positive.
2. Enter a short when the 10-bar
SMA of the 60-bar CMI is above
60 and the difference between the
current bar’s close and the close 20
bars ago is negative.
3. Exit trades when the CMI moves
below 50.
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I made a few mods to the CMI indicator and updated the TRO_MM_CMI.
It's still a SQUIGGLY...LOL!!