OPEN-SOURCE SCRIPT

Binance CHOP Dashboard by Kzi

Updated
Here is a Dashboard to find the opportunuty of bigs moves with 20 pairs.

The Dashboard is too big for the phone view. I thinks we can use it only on computer view.


How it's work ?

I look for the CHOP on Weekly and Daily time frame
The CHOP give the "tension" of the pair.
So i look for the biggest "tension" to take the "big mooves"

I look for the align tension between weekly and daily
The CHOP can be 0 to 100 , the result is:
(Weeky CHOP x Daily CHOP) = 0 to 10 000
To make the result easy to read, i divide so that the "note" is between 0 and 10.
If you have more than 3 /10 = RED => HOT Opporunity for big mooves
If you have less than 1/10 = BLUE => COLD opporunity


Thanks for your comment,

Kzi


The code is well.
But i think there is an opportunity to do it better with some for loop.
Is some of you do it, please let's me know.


Release Notes
Just a small change on a pair because Luna ending so that the dashboard canot load without changing the pair in the parameters.
binanceCHOPChoppiness Index (CHOP)dashboardmultitimeframePortfolio managementsentiment

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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