Is there a way for us to determine the price level at which the chop filter will flip? When trend catcher has confirmed and a trader is waiting for the chop filter to change, knowing that level would allow use of the stop trigger on Nadex to possibly get a better fill.
thanks.
Excellent question. I usually can guess where it will happen but I have been wrong on many occasions.
You won’t know exactly when it will flip, but overtime you get a feel. If you think it will flip in two bars, then that is 12 ticks on a 12 tick Diagnostic bar. I more bar is 6 ticks, and 3 more bars is 18 ticks. If You are wrong and it doesn’t flip, then move it up/down another half bar size.
Happy trading!!! Brad
