CHOP indicator?

• 05/16/2017 at 7:24 PM #35740
  robdav

  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

  

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

  Hello Robert

  Is below what you are looking for?

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

  Cheers
  GraHal

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  robdav

  

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

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

  Cheers

  Rob

  

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

  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"

  1 2 3 4 5 6 7 8 9 10 11

  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"

   

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  robdav, Nicolas

  

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