Dukascopy
 
 
Wiki JStore Search Login

chi_index indicaor
 Post subject: chi_index indicaor Post rating: 0   New post Posted: Tue 17 Sep, 2019, 05:18 

User rating: 4
Joined: Mon 21 May, 2018, 03:47
Posts: 4
Location: CanadaCanada
Hello Support,

Would it be possible to add the CHOP_Index indicator to the visual Jforex?


 
 Post subject: Re: chi_index indicaor Post rating: 0   New post Posted: Tue 17 Sep, 2019, 14:54 
Visual JForex expert at Dukascopy
User avatar

User rating:
Joined: Mon 22 Apr, 2013, 11:30
Posts: 566
Location: Ukraine, Kiev
Hello.

Unfortunately not in the nearest time.

Kind regards, Support Team.


 
 Post subject: Re: chi_index indicaor Post rating: 0   New post Posted: Sun 29 Sep, 2019, 00:45 

User rating: 4
Joined: Mon 21 May, 2018, 03:47
Posts: 4
Location: CanadaCanada
I have found the formula for the index, would it be possible to set up the calculation in visual?

Choppiness Index Formula
Sum True Range for the past n periods.
Divide by the result of the following two steps:
Calculate the lowest TrueLow for n periods.
Subtract from the highest TrueHigh for n periods.
Calculate Log10 of the result then Multiply by 100.
Divide the result by Log10 of n.


Mathematical Notation
Choppiness Index = 100 * Log10{Sum(TrueRange,n) / [Maximum(TrueHigh,n) - Minimum(TrueLow,n)]} / Log10(n)


 

Jump to:  

cron
  © 1998-2011 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com