BTC——
CHOP

Choppiness Index

CLASSICVolatilityPANE

Ratio of summed true range to the window price range (0–100) — high values mean sideways chop, low values a directional move.

volatilitychoppinessrange

Inputs

LabelKindDefaultRange
Lengthint142–5000

Plots

LabelKindColor
CHOPlineaccent