OPEN-SOURCE SCRIPT
[blackcat] L1 Adaptive Choppiness Index
Level: 1
Background
I have been working with choppiness index type indicator for long. However, there are several problems in tradintional one.
Function
One of the issue of conventional choppiness index is the noise or ripple is too obvious. I was wondering several ways to smooth it. As you may know, choppiness index is "one line" indicator. There is little room of freedom to change it too much. Then, I introduced adaptation algorithm to make "length" parameter adaptive, which can smooth choppiness index indicator to some degree. Meanwhile, I use ALMA to smooth the output again.
Remarks
I used my published dc_ta lib, which collects several dominant cycle algorithm from Elhers to make many indicator adaptive possible.
Feedbacks are appreciated.
Background
I have been working with choppiness index type indicator for long. However, there are several problems in tradintional one.
Function
One of the issue of conventional choppiness index is the noise or ripple is too obvious. I was wondering several ways to smooth it. As you may know, choppiness index is "one line" indicator. There is little room of freedom to change it too much. Then, I introduced adaptation algorithm to make "length" parameter adaptive, which can smooth choppiness index indicator to some degree. Meanwhile, I use ALMA to smooth the output again.
Remarks
I used my published dc_ta lib, which collects several dominant cycle algorithm from Elhers to make many indicator adaptive possible.
Feedbacks are appreciated.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.