- Start trending, i.e. the index moves below 50
|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)|
|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.