The Choppiness Index Indicator: Tutorial
Welcome to this tutorial on the Choppiness Index — a unique technical indicator designed to determine whether the market is trending or moving sideways. In this video, we’ll show you how to use the Choppiness Index on TradingView, explain how it's calculated, and break down what its values actually tell you about market conditions.
The Choppiness Index is a non-directional volatility indicator. It doesn’t tell you which direction the market will move — it tells you whether it’s likely to move at all by looking at the ATR or average true range with a very specific formula.
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