Timeframe M1 · unit 0-100
Quantifies how much price movement is directional versus fragmented across 14 bars, using the ratio of cumulative bar ranges to the total high-low span.
Scale 0-100. Values above ~61.8 (Fibonacci level) indicate choppy, non-directional action where individual swings cancel each other out. Values below ~38.2 signal highly directional price movement with sustained momentum in one direction. The midpoint (~50) represents balanced chop/trend.
Imagine measuring how far you actually walked versus how far you moved from your starting point. If you zigzagged a lot but ended up close to where you started, that's a high choppiness score. A straight walk gives a low score.
Janira computes Choppiness Index 14 deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.