This is a Strategy with associated visual indicators and Long/Short and Reverse/Close Position Alerts for the Choppiness Index (CHOP) . It is used to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). CHOP is not directional, so a DMI script was ported into this strategy to allow for trend...
Uses build-in indicator "Chop Zone" which measures angle of EMA-34.
Buy when there are 3 consecutive turquoise bar.
Close when there are 3 consecutive non-turquoise bar.