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[User Discussion] - Choppiness Indicator

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[2013-10-25 01:11:40] #1 [Go To First Post]
User60436 - Posts: 19
Is choppiness indicator available in the Sierra Chart? If not, any plan to add it, and when?

[2013-10-26 16:51:38] #2 [Go To First Post]
vegasfoster - Posts: 444
Seems to be working correctly, let me know. Uses this calculation https://www.tradingview.com/stock-charts-support/index.php/Choppiness_Index_(CHOP) Date Time Of Last Edit: 2013-10-26 16:52:31


Choppiness.cpp - Attached On 2013-10-26 16:50:42 UTC - Size: 1.28 KB - 669 views Choppiness.dll - Attached On 2013-10-26 16:50:51 UTC - Size: 15.5 KB - 877 views

[2013-10-26 23:50:12] #3 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Thank you for the contribution. For easy access this will be added to the Analysis >> Studies >>Add Custom Study >>User Contributed Studies list. For the time being, to use this study, follow the instructions here: http://www.sierrachart.com/index.php?l=doc/doc_DLLUsage.html Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2013-10-26 23:50:46

[2013-10-28 00:59:31] #4 [Go To First Post]
User60436 - Posts: 19
Thank you very much. This is the indicator I am looking for.

[2022-02-28 07:39:54] #5 [Go To First Post]
SC Support Tom - Posts: 450
This is done, and it will be available in the next release. I used the code attached to Post #2, with the following modifications. 1) I eliminated the Input called "Input Data" since the study never uses it. 2) I re-named the Input called "Period" to "Summation Period". 3) I changed the lower limit of Summation Period to 2, since the log10 of that period appears in the denominator of the Choppiness Index. log10(1) = 0, so this would be a problem if 1 were a valid setting. 4) I added a new Input called "ATR Period", because I found that this is supposed to default to 1, not 14. Now the ATR Period and Summation Period can be set separately. Date Time Of Last Edit: 2022-02-28 16:19:54

[2022-03-12 03:43:54] #6 [Go To First Post]
SC Support Tom - Posts: 450
The study is documented here. Choppiness Index

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