The Choppiness Index — Detecting Trends & Sideways.

Creating and Coding the Choppiness Index for Trading.

Knowing when we are trending and when we are ranging is primordial to select which strategy we will use. After all, using Trend-Following systems on ranging markets will unlikely provide any profits. Similarly, using mean-reverting strategies will unlikely make us any money. In this article, we will look at an indicator that can help to detect the curre…