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blackcat1402
12. Febr. 2023 02:35

[blackcat] L1 Adaptive Choppiness Index 

ZHONGHANG ELECTRONSZSE

Beschreibung

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.

cn.tradingview.com/script/fFRrJMmA/

Feedbacks are appreciated.
Kommentare
m4rk3tm4k3r
Great code!
just_naba
how its work ?
blackcat1402
@naba_naif, you may need to search "choppines index" in Google to find it :D
junkie190690
Thank you for sharing!
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