mrtools wrote: Tue Apr 09, 2019 9:17 am
This is a dsl of choppiness index, the rules using choppiness index aren't exact using the discontinued signal line, but still seems okay. Remember it's not a directional indicator, green = trend, red = no trend, and color in between choppy.
Indicator is spot on and looks awesome, thanks Mrtools for this new upgrade.
PS: Nice Renko chart!
PPS: For traders looking for additional information on how to use the standard Choppiness Index, here is a good post by Mladen:
What is the Choppiness Index?.