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chi_index indicaor
http://www.dukascopy.com/swiss/english/forex/jforex/forum/viewtopic.php?f=146&t=57153
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Author:  OMSalo [ Tue 17 Sep, 2019, 05:18 ]
Post subject:  chi_index indicaor

Hello Support,

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

Author:  vadim_berezhnoj [ Tue 17 Sep, 2019, 14:54 ]
Post subject:  Re: chi_index indicaor

Hello.

Unfortunately not in the nearest time.

Kind regards, Support Team.

Author:  OMSalo [ Sun 29 Sep, 2019, 00:45 ]
Post subject:  Re: chi_index indicaor

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)

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