Trader Set - Choppiness Index

2018年11月18日Finally made this work as desired, time to publish another super useful script in the tool set for my methodology. This indicator easily shows when the market is moving as a CHOPPY market so that traders either don't take position or be very cautious with their positions.

2018年11月18日

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Changed the color code of the top section to red. This is a better indicating color for the most choppy times of the market. There are some situations that you can trade when market is in this section but only short lived sculpt trades.

2018年11月25日

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This is the final version of this tool, finally !

2018年11月27日

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Code cleanup, Final Version.

2018年12月6日

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There is a big change in every oscillator related to my methodology, Added all sort of averaging types : HMA, RMA, EMA, WMA, SMA, KAMA, FAMA, MAMA. Also, where ever we are calculating momentum in any sort or shape, now user has the ability to switch the type between TSI and MACD, and not only that, but the selected momentum type will also use the selected averaging type !!!!

2018年12月19日

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Finally Got this to the point I can tell it's final version.