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Choppiness Index

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=68259
Forum: 48 · Topic 68259 · 3 post(s)


Choppiness Index

Alexander.Gettinger · Sat Mar 30, 2019 3:27 pm

The Choppiness Index is designed to measure the market’s trendiness (values below 38.20) versus the market’s choppiness (values above 61.80). When the indicator is reading values near 100, the market is considered to be in choppy consolidation. The lower the value of the Choppiness Index, the more the market is trending. The period supplied by the user dictates how many bars are used to compute the index.

chop_idx.PNG

Download:

chop_idx_JS.jsl


Re: Choppiness Index

xristos1982 · Thu May 18, 2023 1:55 pm

Can i have this in lua,please?


Re: Choppiness Index

Apprentice · Fri May 19, 2023 6:36 am

Try this version. https://fxcodebase.com/code/viewtopic.php?f=17&t=7115