sunnym wrote:Mon Jul 10, 2017 7:42 pm

Good day

Is there a site or video to learn about this indi,am a big tick indicators fan,it seems very interesting.

Intrest 1 wrote:Wed Jul 12, 2017 6:51 pm

if you are interested in indicators on tick volume, then that's another. is zigzag without redrawing with the tick volume on each leg. the more tick volume in this area, the greater the size of the square indicator

Xronos__ wrote: Fri Jul 14, 2017 2:16 am Hello tok,
moded the ind ... hope this is what you want

mladen wrote:Wed Jul 19, 2017 12:01 am The Choppiness Index is designed to determine whether the market is choppy or trading sideways, or not choppy and trading within a trend in either direction. Using a scale from 1 - 100, the market is considered to be choppy as values near 100 (over 61.80) and trending when values are lower than 38.20).

The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market's trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending.

chop index.png