Price Change Indicator

Version: 1.0
Author: LazyTrader ๐
๐ 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.
โ๏ธ Key Features
โ Customizable Calculation Method: Choose how the price change is calculated:
Opening Price
Closing Price
High
Low
โ Flexible Display Format:
Show Percentage (%) Change.
Show Natural (Absolute) Change in price.
โ Adjustable Sensitivity with Multiplier:
100 (Standard Change)
1000 (Small Change)
10000 (Tiny Change)
โ 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.
โ Perfect for Any Market:
Stocks ๐
Forex ๐ฑ
Crypto ๐
Commodities ๐ข๏ธ
๐ How It Works
The indicator calculates the difference between the current and previous barโs 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.
โก 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!
๐ง 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.
๐ฏ Best Use Cases
๐น Identifying strong price movements
๐น Spotting trends and momentum shifts
๐น Comparing price movement intensity
๐น Works for scalping, swing trading, and long-term analysis
Version: 1.0
Author: QCodeTrader ๐
๐ 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.
โ๏ธ Key Features
โ Customizable Calculation Method: Choose how the price change is calculated:
Opening Price
Closing Price
High
Low
โ Flexible Display Format:
Show Percentage (%) Change.
Show Natural (Absolute) Change in price.
โ Adjustable Sensitivity with Multiplier:
100 (Standard Change)
1000 (Small Change)
10000 (Tiny Change)
โ 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.
โ Perfect for Any Market:
Stocks ๐
Forex ๐ฑ
Crypto ๐
Commodities ๐ข๏ธ
๐ How It Works
The indicator calculates the difference between the current and previous barโs 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.
โก 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!
๐ง 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.
๐ฏ Best Use Cases
๐น Identifying strong price movements
๐น Spotting trends and momentum shifts
๐น Comparing price movement intensity
๐น Works for scalping, swing trading, and long-term analysis
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda โ ketahui lebih lanjut di sini.
Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda โ ketahui lebih lanjut di sini.