Created by E.W. Dreiss, the Choppiness Index measures the trendiness or choppiness on a scale of 0 to 100, to depict steady trends versus conditions of choppiness. [Discuss] 💬
// usage IEnumerable<ChopResult> results = quotes.GetChop(lookbackPeriods);
int - Number of periods (
N) for the lookback evaluation. Must be greater than 1. Default is 14.
Historical quotes requirements
You must have at least
N+1 periods of
quotes to cover the warmup periods.
quotes is a collection of generic
TQuote historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.
- This method returns a time series of all available indicator values for the
- It always returns the same number of elements as there are in the historical quotes.
- It does not return a single incremental indicator value.
- The first
Nperiods will have
nullvalues since there’s not enough data to calculate.
DateTime - Date from evaluated
double - Choppiness Index
See Utilities and helpers for more information.
Results can be further processed on
Chop with additional chain-enabled indicators.
// example var results = quotes .GetChop(..) .GetEma(..);
This indicator must be generated from
quotes and cannot be generated from results of another chain-enabled indicator or method.