Choppiness Index (CHOP)

The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). 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.

Read more about Choppiness Index in TradingView wiki.
Jadtecnic Jadtecnic USDCHF, D,
USDCHF: USDCHF  rebound suggests further choppy sideways trading
3 0 4
USDCHF, D
USDCHF rebound suggests further choppy sideways trading

The pair went through a mini roller-coaster Wed's session. Price dipped to 0.9930 in Europe b4 rebounding to session highs of 0.99 68 in NY but only to fall to 0.9929 after announcement of Trump's tax plan. . Looking at the daily chart, despite dlr's resumption of MT fall fm 2016 6-year peak at 1.0344 after breaking Jan's low at 0.9862 to a 4-month bottom at ...

TheBanker TheBanker EURUSD, D, Long ,
EURUSD: euro downside has its days numbered!
1499 7 46
EURUSD, D Long
euro downside has its days numbered!

the risk is not getting stopped out from the highs (1.08x) but instead it is getting married to the position; you noticed I have changed my outlook on the euro as I think the end of the downtrend is around the corner. I am seeing a lot of frustration from some holding shorts and then the other side of the coin we have longs who are pleased that we may move away ...

ew-forecast ew-forecast PRO TY1!, D,
TY1!: Elliott Wave Analysis: 10 Year T-Notes Trapp In A Correction
391 0 14
TY1!, D
Elliott Wave Analysis: 10 Year T-Notes Trapp In A Correction

On the 10 Year US Notes we see price undergoing a potential five wave drop, with price now trading in wave four as part of this drop. That said, price seems to be undergoing some slow and choppy price activity, which means wave four may unfold as more complex. As such we expect more overlapping price movement to come in play and probably a triangle correction will ...

Viking83 Viking83 PRO SPX, M, Short ,
SPX: SPX is highly likely going into yearly cycle low
198 2 8
SPX, M Short
SPX is highly likely going into yearly cycle low

SPX reached a level of high resistance and it can be quite choppy going forward. We are at the same time-based fib-degree as 1987. It also fit the time cycle band. Price has shown some weakness already and is way above all meaningful averages.

TheBanker TheBanker EURUSD, D, Long ,
EURUSD: never marry a position, huge upside unlocked in euro
2867 13 70
EURUSD, D Long
never marry a position, huge upside unlocked in euro

Morning guys, I'm sure many of you didn't expect to wake up and see me posting this chart.. As one of the biggest bears on the euro here on here alongside many others; it is only right to keep you updated with my outlook. The end of the downtrend in the euro is around the corner, whilst there is little support below 1.04x a break below certainly unlocks ...

Jadtecnic Jadtecnic T, D,
T: AT&T revenues dip as wireless equipment sales slide
23 0 4
T, D
AT&T revenues dip as wireless equipment sales slide

AT&T (T -0.2%) is up 1.2% now in choppy early postmarket action after reporting Q1 earnings that met profit expectations but recorded a billion-dollar miss on revenues. Consolidated revenues slipped 2.8% on "record-low equipment sales" in wireless. EPS fell on a headline basis, but adjusted EPS grew to $0.74 (in line) from a year-ago $0.72. Cash from operations ...

SPY: General Market, as indicted by the SPY, may be consolidating
44 0 4
SPY, D
General Market, as indicted by the SPY, may be consolidating

The General Market, as indicted by the SPY, may be consolidating. The Choppiness index level is low, which can indicate the start of a trend. With a new column of "O's", the new primary direction is lower. Time to put the Defensive team on the field!!

shevectorie shevectorie EURNZD, 60, Long ,
EURNZD: Breakout overdue?
58 0 4
EURNZD, 60 Long
Breakout overdue?

Just be careful on where to put the stoploss. It might get choppy a little bit

xChampi0nx xChampi0nx PRO USDCAD, D, Long ,
USDCAD: USDCAD long..
19 0 5
USDCAD, D Long
USDCAD long..

Hello everyone Let's take a look at usdcad. Weekly: Price is holding kijun very nicely. Chikou is still above price. Macd is above o and crossed above. Price is in the cloud. So, ichimoku is neutral with bullish bias. Daily:Choppy trading once daily cloud broke but it held nicely. Price can be seen in a channel.Now, price is above tenkan and kijun . Chikou is ...

SIUSHINGTO SIUSHINGTO USDCHF, D, Short ,
USDCHF: USDCHF SHORT
15 0 7
USDCHF, D Short
USDCHF SHORT

Although CHF pairs are generally very choppy, but if you are brave enough, short it

markrivest markrivest SPX, 60,
SPX: Elliott Wave Tutorial Update 4/14/17
128 0 7
SPX, 60
Elliott Wave Tutorial Update 4/14/17

This is an update to my 4/5/17 post in which two downside targets were listed. The SPX had a bulls-eye hit of the first target at 2337.30 the subsequent rally did not last and as of the close 4/13/17 the SPX was just below the 2nd target of 2329.80. This is where the supposed Minute wave "c" is .618 of Minute wave "a". Bullish factor: Decline from 2378.70 is ...

surfingmarket surfingmarket PRO AMZN, D, Short ,
AMZN: Amazon running in to a corner
76 0 3
AMZN, D Short
Amazon running in to a corner

Very long term circle of amazon is about to end. I am expect choppy action going in to the highs with possible bear trap and then drop down eventually.

shevectorie shevectorie EURCHF, 60, Short ,
EURCHF: Ending diagonal
59 2 6
EURCHF, 60 Short
Ending diagonal

A bit more choppiness before we get to a decision point. Trade with caution..

fxfabianng22 fxfabianng22 CADCHF, D, Long ,
CADCHF: CADCHF - Tug of Wars.
4 0 5
CADCHF, D Long
CADCHF - Tug of Wars.

This currency pair has been in a somewhat choppy yearly consolidation range. It has recently broken the long term black down trendline into the buy zone. The question is now, is the consolidation range going to hold? Or the broken down trendline? Market has now bounced off the black down trendline and moving its way up to the near term blue down trendline. Unless ...

6.1.8.Family 6.1.8.Family PRO SPX, 60, Short ,
SPX: S&P 500: Expecting a Fall
143 0 7
SPX, 60 Short
S&P 500: Expecting a Fall

As the bullish move is losing steam, a fall in price is to be expected. This fall in price could be the beginning of a bigger corrective wave down or it could be short lived. Either way, this gives opportunity to milk some pips from the market. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.

AleksandrLombrozo AleksandrLombrozo EURNZD, 60, Long ,
EURNZD: Long EUR/NZD opportuinity
41 0 6
EURNZD, 60 Long
Long EUR/NZD opportuinity

The price in the encircled area is very choppy which brings me to believe it is going to follow its previous impulse up. There is no projection of how far it could go. However, any upside breakout might mean the BIG UPMOVE for EUR/NZD. This is why I am going to grab each opportunity.

Rocketman Rocketman PRO GBPJPY, D, Long ,
GBPJPY: GBPJPY: Daily Trade Set-Up
130 0 8
GBPJPY, D Long
GBPJPY: Daily Trade Set-Up

I like the pullback to support. It is very clear. (1) Choppy MACD suggests an impending break of the wedge. (2) The currency Meter is against the trade.... This is not good; however, this is due to the way it pulled back. there are other bullish signs. (3) The RSI has a bullish divergence... (4) Past Resistance future support... (5) Candle formation is ...

J4XLG J4XLG PRO EURUSD, 60, Long ,
EURUSD: EURUSD BUY LEVEL 3 TO LEVEL 1
62 2 8
EURUSD, 60 Long
EURUSD BUY LEVEL 3 TO LEVEL 1

Update post from previous. EU is displaying level 3 choppiness behavior. At this point im taking entries at the bottom channel line as my mark up indicates and expecting the take off into levels of rise. But be Cautious, we may still experience depths of down to the 1.05800 zone. Thank you your support.

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