it's just an average moving multiplied by a percentage. this is good for measuring the acceleration of price movements
This is a far inferior method for a screener/scanner (compared to my first publication) but after looking at that script from a noobs eyes again, I could see how this form would be a lot easier to take in/understand so wanted to publish it. Everything that I could think of to mention about this is in my 1st pub so ill leave it to you to check it out...though I...
It can be used to get the indication for 20% up movement among all continuously green candles formed in past. It is suitable for Indian company stock for short term trading plans.
This script improves the Supertrend indicator by displaying a label that shows the percent difference between the latest closing price & the Supertrend. This comes in handy when one is using the Supertrend value as a stoploss level. For instance, one would like to have a maximum stop loss level of 8%. Instead of calculating how much percent the price is away...
This Indicator displays the momentum (performance) of the symbol in percent. You can compare the performance with other symbols. The default benchmarks are the S&P 500, the MSCI World and the FTSE All World EX US. The default length corresponds to one year in the timeframes monthly, weekly and daily. In intraday the default length is 200, but you can also set...
Gridimus Maximus draws N grid lines stepping by price or percent in chosen direction from set price, or draws N grid lines stepping by pivots. The queue function method used is adapted from an example provided on the PineCoders website, much gratitude to LucF for this gem! To prevent grid lines out of range from causing chart to rescale right click on chart's...
The script has two options: volatility (absolute value of change) and updown which has positive and negatives. That's it. useful for alerts.
Much like the new map for traders indicator, but with less resources needed by the computer therefore runs more smoothly.
Script which plots the % change from the open and overlays the 1, 1.5, 2 & 3% levels on the chart. The bell curve offers a quantifiable clue to the persistent percentages the price moves in the fx market. A simple histogram will convey the %change in bins this indicator just reflects that with levels on the chart. Can be an aide for intraday or longer term...
This tool is to visualize the distribution of gap % sizes, i.e. those things that I marked on the main chart. The tool uses the entire history of an instrument. The detalization depends on the Binning Step parameter. The lower chart timeframe the lower that step should be. Good luck.
This Script displays Regular or Log Returns as either a line or histogram and labels the current bar. If something other than price is selected as the source, the result is percent change with a positive or negative slope. If a moving average of price is used as the source, the result is analogous to a strength index Other options include a look-back period...
Average True Range in Percent to price - 2 customizable horizontal line: to be used as custom levels.
The following indicator shows the percentage drop from ATH
Simple indicator to the plot percentage change of the candle
Get the percentage of previous candle price to current high candle price. This script will make your life easier to get percentage without you calculating it. Hope you enjoy the tool and let me know if there is any feedback or improvement request. Thank you very much. :D -------------------------------- Formula: Previous To High Percentage Per Candle =...
This indicator shows WMA ribbons of the percentage of price movements. Strong peaks show unusual price movement and might indicate a good time to close your position. A narrow band shows stable price movement and could indicate a good time to get into a position. (Squeeze)
A relative strength indicator that compares your main symbol (one on your chart) strength to another symbol by percentage. The result is plotted as a histogram showing which symbol is rising or falling more in percentage. In case your chart symbol is TSLA (Tesla) and the indicator 'Symbol to compare' is SPX: GREEN area (above zero) means TSLA is rising more than...
ATR_percent is an indicator that i have created to find and be ready for volatility in stock or index. Works best in the 15 min time frame. Use case can be for Nifty and Banknifty. Basically, whenever the ATR _percent line leaves the yellow line for upwards, market is falling. While if it is heading downwards, the market is rising.