Choppiness Index (CHOP)

Popular Today
Popular Today
Popular All Time
Newest

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.
6.1.8.Family 6.1.8.Family PRO SPX, 60, Short ,
SPX: S&P 500: Expecting a Fall
150 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.

james0577 james0577 PRO EURUSD, 240, Short ,
EURUSD: Down to 1
52 0 9
EURUSD, 240 Short
Down to 1

4 hour chart showing the the large pin formation sent me over the edge on this one. It almost looks to good to be true.

ChartArt ChartArt BTCCNY, D, Short ,
BTCCNY: Back to chop
627 3 6
BTCCNY, D Short
Back to chop

The correction on Sunday, February 16 was too strong to allow the uptrend to resume. We we will see several days of choppiness until we could be fully back in the despair trend. The last uptrend was way too fast: https://www.tradingview.com/v/eZ30SXtq/ Update: It looked like the moon dream is over, but my chart showed my I was wrong.

ZC1!: No Chicken dinner today!
49 0 0
ZC1!, D
No Chicken dinner today!

ZC is starting to feel choppy in this area so we are taking off our long position at a small loss. Like we mentioned, this could chop until harvest starts. We will keep her on the watch list. NEXT!

United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out
Browse