OPEN-SOURCE SCRIPT

BossHouse - Price Change

BossHouse - Price Change

What it is:
In the stock market, a price change is the difference in trading prices from one period to the next or the difference between the daily opening and closing prices of a share of stock.
Here you have a timeline with a bar price change. In seconds you can see if the selected market has good and high price changes or not.
The values are in percentage and you have a limiter in the settings, so you can show only bar/values above a value. Ex. 2.4%.

Why it Matters:
Price changes are a core component of financial analysis, and predicting price changes can be as, if not more, important than an actual price change.
It is important to remember, however, that percent-based price changes are useful only in the context of the number of dollars involved.

A 75% change in the price of a company X, for example, may only involve a few dollars while a 75% change in the price of company Y may involve thousands of dollars.

Settings:

  • Show the SMA 21 line
  • Minimum Limit - Set the minimum value to show a bar


Calculation:
For example, let's say Company XYZ shares opened at $25 this morning and closed at $24.

The price change is -$1, or -$1/$25 = -4%.

Any help and suggestions will be appreciated.
Marcos Issler @ Isslerman
BARSOscillatorspercentagepricepricechangeTrend AnalysisVolatility

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

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