Alerts
- Start trending, i.e. the index moves below 50
Strength Signals
| Trending (1.0) | When the index is below the lower line (38.2) |
| Strong (0.75) | When the index is below 50 and falling |
| Medium (0.5) | When the other conditions aren’t valid |
| Weak (0.25) | When the index is above 50 and rising |
| No trend (0) | When the index is above the upper line (62.8) |
Settings
| Period | The number of periods evaluated by the indicator |
| Plots | The style of the different plots of the indicator |
The Choppiness indicator does not show you the direction of a trend, but shows you the amount of choppiness of the price.
In that regard you can compare it with the ADX.
A choppiness value below 50 is regarded as reasonable smooth, and a value above it as choppy. But the behavior of the indicator varies depending on the Instrument.