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Price Change Indicator

595
Price Change Indicator (PCI)
Version: 1.0
Author: LazyTrader ๐Ÿš€

๐Ÿ” Overview
The Price Change Indicator (PCI) helps traders visualize and compare price changes between the current bar and the previous bar. It provides a customizable display of price changes in two formats:
Percentage (%) Change โ€“ Relative price movement.
Natural Change โ€“ Absolute difference in price units.

โš™๏ธ Key Features
โœ… Customizable Calculation Method: Choose how the price change is calculated:
Opening Price
Closing Price
High
Low

โœ… Flexible Display Format:
Show Percentage (%) Change.
Show Natural (Absolute) Change in price.

โœ… Adjustable Sensitivity with Multiplier:
100 (Standard Change)
1000 (Small Change)
10000 (Tiny Change)

โœ… Intuitive Labeling:
Green label (above bar) for increase.
Red label (below bar) for decrease.
No label if no change.
Large, easy-to-read labels for better visibility.

โœ… Perfect for Any Market:
Stocks ๐Ÿ“ˆ
Forex ๐Ÿ’ฑ
Crypto ๐Ÿš€
Commodities ๐Ÿ›ข๏ธ

๐Ÿ“Š How It Works

The indicator calculates the difference between the current and previous barโ€™s price based on your chosen method.
The result is displayed as either a percentage (%) or a natural price change.
If the price has increased, a green label is displayed above the bar.
If the price has decreased, a red label is displayed below the bar.

โšก How to Use

Add the indicator to your chart.
Go to settings and customize:
Select calculation method (Open, Close, High, Low).
Choose display format (% or Natural Change).
Adjust multiplier for more sensitivity.
Analyze the labels to see price movements easily!

๐Ÿ”ง Settings Explained
Setting Description
Price Calculation Method: Choose Open, Close, High, or Low price for comparison.
Display Format: Show either % Change or Natural Change.
Multiplier: Apply 100, 1000, or 10000 to scale small price changes.
Show Labels: Toggle labels on/off.

๐ŸŽฏ Best Use Cases
๐Ÿ”น Identifying strong price movements
๐Ÿ”น Spotting trends and momentum shifts
๐Ÿ”น Comparing price movement intensity
๐Ÿ”น Works for scalping, swing trading, and long-term analysis
Nota Keluaran
Price Change Indicator (PCI)
Version: 1.0
Author: QCodeTrader ๐Ÿš€

๐Ÿ” Overview
The Price Change Indicator (PCI) helps traders visualize and compare price changes between the current bar and the previous bar. It provides a customizable display of price changes in two formats:
Percentage (%) Change โ€“ Relative price movement.
Natural Change โ€“ Absolute difference in price units.

โš™๏ธ Key Features
โœ… Customizable Calculation Method: Choose how the price change is calculated:
Opening Price
Closing Price
High
Low

โœ… Flexible Display Format:
Show Percentage (%) Change.
Show Natural (Absolute) Change in price.

โœ… Adjustable Sensitivity with Multiplier:
100 (Standard Change)
1000 (Small Change)
10000 (Tiny Change)

โœ… Intuitive Labeling:
Green label (above bar) for increase.
Red label (below bar) for decrease.
No label if no change.
Large, easy-to-read labels for better visibility.

โœ… Perfect for Any Market:
Stocks ๐Ÿ“ˆ
Forex ๐Ÿ’ฑ
Crypto ๐Ÿš€
Commodities ๐Ÿ›ข๏ธ

๐Ÿ“Š How It Works

The indicator calculates the difference between the current and previous barโ€™s price based on your chosen method.
The result is displayed as either a percentage (%) or a natural price change.
If the price has increased, a green label is displayed above the bar.
If the price has decreased, a red label is displayed below the bar.

โšก How to Use

Add the indicator to your chart.
Go to settings and customize:
Select calculation method (Open, Close, High, Low).
Choose display format (% or Natural Change).
Adjust multiplier for more sensitivity.
Analyze the labels to see price movements easily!

๐Ÿ”ง Settings Explained
Setting Description
Price Calculation Method: Choose Open, Close, High, or Low price for comparison.
Display Format: Show either % Change or Natural Change.
Multiplier: Apply 100, 1000, or 10000 to scale small price changes.
Show Labels: Toggle labels on/off.

๐ŸŽฏ Best Use Cases
๐Ÿ”น Identifying strong price movements
๐Ÿ”น Spotting trends and momentum shifts
๐Ÿ”น Comparing price movement intensity
๐Ÿ”น Works for scalping, swing trading, and long-term analysis

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.