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Date/Time: Sun, 05 May 2024 12:16:05 +0000



[User Discussion] - Choppiness Indicator

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[2013-10-25 01:11:40]
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]
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
attachmentChoppiness.cpp - Attached On 2013-10-26 16:50:42 UTC - Size: 1.28 KB - 634 views
attachmentChoppiness.dll - Attached On 2013-10-26 16:50:51 UTC - Size: 15.5 KB - 587 views
[2013-10-26 23:50:12]
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]
User60436 - Posts: 19
Thank you very much. This is the indicator I am looking for.
[2022-02-28 07:39:54]
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]
SC Support Tom - Posts: 450
The study is documented here.

Choppiness Index

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