low volume is usually a sign that the market will be range bound and chop, also a pace of tape indicator that shows volume of ticks per time period, orders per second, will show.. both when low indicates not many traders there to move a market. time ...

Good Chop Indicator

3 ema used to be the standard, when flat like pancakes stay out, when the fast crosses the two slower ones and they rise or fall and enter the second pull back. Low volume usually results in chop and ranging market, also, if you have a pace of tape ...

What is your best chop indicator to keep you out of choppy markets?

Shana, there is an indicator called pace of tape that illustrates the changing rate of ticks. I ve only seen it for ninjatrader.

Ticks per second rate