Choppiness Index (CHOP)
The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). The Choppiness Index is an example of an indicator that is not directional at all. CHOP is not meant to predict future market direction, it is a metric to be used to for defining the market’s trendiness only. A basic understanding of the indicator would be; higher values equal more choppiness, while lower values indicate directional trending.
Get started with the chop
Simply make an HTTPS [GET] request or call in your browser:
[GET] https://api.taapi.io/chop?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1h
API response
The chop endpoint returns a JSON response like this:
{
"value": 41.48673369961489
}
Example response from TAAPI.IO when querying chop endpoint.
API parameters
binance, binancefutures or one of our supported exchanges. For other crypto / stock exchanges, please refer to our Client or Manual integration methods.
BTC/USDT Bitcoin to Tether, or LTC/BTC Litecoin to Bitcoin...
1m, 5m, 15m, 30m, 1h, 2h, 4h, 12h, 1d, 1w. So if you're interested in values on hourly candles, use interval=1h, for daily values use interval=1d, etc.
backtrack parameter removes candles from the data set and calculates the chop value X amount of candles back. So, if you are fetching the chop on the hourly and you want to know what the chop was 5 hours ago, set backtrack=5. The default is 0.
chart parameter accepts one of two values: candles or heikinashi. candles is the default, but if you set this to heikinashi, the indicator values will be calculated using Heikin Ashi candles. Note: Pro & Expert Plans only.
true or false. Defaults to false. By setting to true the API will return a timestamp with every result (real-time and backtracked) to which candle the value corresponds. This is especially helpful when requesting a series of historical values using the results parameter.
1685577600
1731456000 If you only use fromTimestamp, the API will return all results from that time until present.
true or false. Defaults to true. By setting to false, the API will ensure that there are no candles missing. This often happens on lower timeframes in thin markets. Gaps will be filled by a new candle with 0 volume, and OHLC set the the close price of the latest candle with volume.
number or max. Use this parameter to access historical values on the past X candles until the most recent candle. Use max to return all available historical values. Returns an array with the oldest value on top and most recent value returned the last.
Default: 14
More examples
Let's say you want to know the chop value on the last closed candle on the 30m timeframe. You are not interest in the real-time value, so you use the backtrack=1 optional parameter to go back 1 candle in history to the last closed candle.
[GET] https://api.taapi.io/chop?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=30m&backtrack=1
Get chop values on each of the past X candles in one call
Let's say you want to know what the chop daily value was each day for the previous 10 days. You can get this returned by our API easily and efficiently in one call using the results=10 parameter:
[GET] https://api.taapi.io/chop?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1d&results=10
Looking for even more integration examples in different languages like NodeJS, PHP, Python, Curl or Ruby? Continue to [GET] REST - Direct documentation.