PROTECTED SOURCE SCRIPT
Updated MTF Chop Index

Simple Multi Time Frame Choppiness Index Heatmap
You can set five different timeframes, set triggering chop value above which the bar will turn green.
Colors can also be adjusted in settings
You can set five different timeframes, set triggering chop value above which the bar will turn green.
Colors can also be adjusted in settings
Release Notes
Add option to reverse orderRelease Notes
Fix publishingRelease Notes
You can now set 2 threshold values and three colors for low, medium and high valuesRelease Notes
Add text color customisationRelease Notes
Fix messy timeframe to string conversionProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.