chop
The Choppiness Index (CHOP) measures whether the market is trending or ranging. Higher values indicate choppy conditions; lower values indicate stronger trends.
chop (tick)
The Choppiness Index (CHOP) measures whether the market is trending or ranging. Higher values indicate choppy conditions; lower values indicate stronger trends.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
SQL example
TICK chop WITH minutes=60 > 61.8 THEN order SET size=100, price=51.00, transmit=truecci
Commodity Channel Index (CCI) is a momentum oscillator that measures the current price level relative to an average price level over a given period. It helps identify cyclical trends and extreme conditions, with values above +100 indicating overbought conditions and below -100 indicating oversold conditions.
ema
Exponential Moving Average (EMA) is a type of moving average that gives more weight to recent prices, making it more responsive to price changes than a Simple Moving Average. It helps identify trends and potential support/resistance levels, with shorter periods being more sensitive to price changes.