recommendations-analysis

Choppiness Index is a technical indicator which helps you understand the momentum and trend of them market. So, basically, this indicator is two in one indicator. You would be making trading decisions based on the indicator you see in the indicator window. Choppiness index indicator works best when it is combined with moving averages. Moving average is necessary when trading with indicator because this indicator itself doesn’t give clear buy and sell signals. At most of the times this indicator can be confusing for the new traders. You will get good results when you use this indicator in a trending market. When you install Choppiness Index in your trading platform, your chart should look like this: Choppiness Index Choppiness index consists of a channel and an oscillator which moves like a MACD signal line. The upper band of this indicator works as an overbought and the lower band works as a support zone. Therefore, when the yellow oscillator is around the lower band you