PROTECTED SOURCE SCRIPT
Choppiness Index

This is another implementation of the Chop index that also has a smoothed chop.
Marked for more visibility the extreme and danger zone crosses.
Colored areas for better visibility.
Added alerts on danger and extreme zone crosses (up/down).
!!! Don't use it as RSI to see overbought and oversold
Marked for more visibility the extreme and danger zone crosses.
Colored areas for better visibility.
Added alerts on danger and extreme zone crosses (up/down).
!!! Don't use it as RSI to see overbought and oversold
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.
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.