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INVITE-ONLY SCRIPT
Updated

Trader Set - Choppiness Index Helper

2 478
This is simply a helper indicator that sits on the chart to mimic the color code of the choppiness index oscillator. It can be used when you maximize the chart to better focus on the chart and other parts of the system.

Please don't ask for getting access, these indicators are available only for my students. The English website and the related learning materials are under development and soon they will be published and I will announce it in the comment section of every related indicator.
Release Notes
some adjustment with additional control for little height placement and size of bars for flexibility and look back period for height
Release Notes
Code cleanup, Final Version.
Release Notes
Added a small little extra that is more color coding showing the place of index based on zones.
Release Notes
fixed small little issue in color coding logic, back to final version but small little dots on top of the main indicator now (;
Release Notes
There is a big change in every oscillator related to my methodology, Added all sort of averaging types : HMA, RMA, EMA, WMA, SMA, KAMA, FAMA, MAMA. Also, where ever we are calculating momentum in any sort or shape, now user has the ability to switch the type between TSI and MACD, and not only that, but the selected momentum type will also use the selected averaging type !!!!
Release Notes
Fixed the indicator using the new formula for calculating the bars.
Release Notes
Changed to mimic the choppiness index oscillator, this is the final version.

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact CAB_Member directly.

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Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

CAB_Member
Choppiness Index (CHOP)choppyhelprenkoTrend AnalysisuniformityVolatility

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Choppiness Index (CHOP)choppyhelprenkoTrend AnalysisuniformityVolatility

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact CAB_Member directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

CAB_Member

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.