This overlayed utility is used for showing the volatality of the price.
It is useful to see the changed percentage of the price in order to decide what stock/crypto to buy, b/c if the volatility (changed percentage) is high it's likely that you can make bigger profit.
Added option to display changed percentage for: - Current Close price compared to previous Closed price. - Close price compared to Open price. - High price compared to Low price.
As a limit of current pine script, it can only show the last 50 labels for now.
Versionshinweise
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Draw background color based on chart time.
Versionshinweise
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Fix weekly background issue.
Versionshinweise
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Add alertcondition if price drop over 1%.
Versionshinweise
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Add several channels to choose from.
Versionshinweise
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Add background color for big drop for visual alert.
Versionshinweise
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Added ZeroLag DEMA, ZeroLagTema MAs and new Bollinger Bands to check signals.
this is the first script that uses numbers in the label. can you adapt this to make a "pivot points high low" like the built in indicator? I've been trying to figure out how to do it but no luck. basically, set a length for the high pivot and low pivot. 12 candles, 50 cacdles etc. and use the max and min function to identify the candle. and then display the "price" as the label above the candle.
why is that so difficult to do? can you help me?