CHOP indicator?

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
05/16/2017 at 7:24 PM #35740 quote

robdav
Participant

Veteran

Hi

Does the CHOP indicator exist in PRT. I can’t seem to find it and I realize it maybe similar to other indicators, maybe ADX? Just thought I’d ask.

It’s defined here https://www.tradingview.com/wiki/Choppiness_Index_(CHOP)

Many thanks

Robert

05/17/2017 at 12:03 AM #35756 quote

GraHal
Participant

Master

Hello Robert

Is below what you are looking for?

https://www.prorealcode.com/prorealtime-indicators/choppiness-index/

Cheers
GraHal

robdav thanked this post

05/17/2017 at 8:04 AM #35759 quote

robdav
Participant

Veteran

Thanks GraHal, I searched for ‘CHOP’ thinking it would find it but it didn’t.

Cheers

Rob

05/17/2017 at 9:42 AM #35789 quote
bolsatrilera
Participant

Master
Hello Robdav.Look you look for this one here : https://www.prorealcode.com/prorealtime-indicators/choppiness-index/

However I have another version.
If you are interested, the code is:
```
REM CHOP INDICATOR TRILERO

n=14
str=summation[n](TR(close))
L=lowest[n](close)
hth=highest[n](close)
height=hth-L

chop=100 * LOG(str /height)/ LOG(n)

return chop as "chop",61.8 as "61.8",38.2 as "38.2"
 
```
Nicolas and robdav thanked this post
Author

Posts

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic.

Login your account

CHOP indicator?

ProBuilder: Indicators & Custom Tools

New Reply

Author

robdav @robdav Participant

Summary

This topic contains 3 replies,
has 3 voices, and was last updated by bolsatrilera
8 years, 8 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	05/16/2017
Status:	Active
Attachments:	1 files

Loading...