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Choppiness Index
PROTECTED SOURCE SCRIPT
Choppiness Index
By alxnegrila
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Nov 30, 2018
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Nov 30, 2018
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
CHOP
Choppiness Index (CHOP)
choptrading
Chop Zone
Trend Analysis
Volatility
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This script is published closed-source and you may privately use it freely.
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alxnegrila
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