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chi_index indicaor |
OMSalo
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Post subject: chi_index indicaor |
Post rating: 0
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Posted: Tue 17 Sep, 2019, 05:18
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User rating: 4
Joined: Mon 21 May, 2018, 03:47 Posts: 4 Location: CanadaCanada
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Hello Support,
Would it be possible to add the CHOP_Index indicator to the visual Jforex?
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vadim_berezhnoj
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Post subject: Re: chi_index indicaor |
Post rating: 0
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Posted: Tue 17 Sep, 2019, 14:54
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Visual JForex expert at Dukascopy | |
User rating: ∞
Joined: Mon 22 Apr, 2013, 11:30 Posts: 604 Location: UkraineUkraine
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Hello.
Unfortunately not in the nearest time.
Kind regards, Support Team.
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OMSalo
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Post subject: Re: chi_index indicaor |
Post rating: 0
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Posted: Sun 29 Sep, 2019, 00:45
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User rating: 4
Joined: Mon 21 May, 2018, 03:47 Posts: 4 Location: CanadaCanada
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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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