PROTECTED SOURCE SCRIPT

Choppiness Index

This is another implementation of the Chop index that also has a smoothed chop.


Marked for more visibility the extreme and danger zone crosses.
Colored areas for better visibility.

Added alerts on danger and extreme zone crosses (up/down).


!!! Don't use it as RSI to see overbought and oversold
CHOPChoppiness Index (CHOP)choptradingChop ZoneTrend AnalysisVolatility

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This script is published closed-source and you may privately use it freely.

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