%Chg (Indicator)

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Input Information

Name Expression Default Description
Price Numeric Close Price used in calculating the percent change.
Length Numeric 14 Number of bars to look back for percent change calculation.
HiAlert Numeric 0 Defines the high percent change value that will trigger an alert.
LoAlert Numeric 0 Defines the low percent change value that will trigger an alert.
UpColor Numeric Cyan Color used when the percent change is positive.
DnColor Numeric Red Color used when the percent change is negative.

Market Synopsis

The %Chg indicator calculates and plots the net change, expressed as a percent, between a bar's price, as specified by the input Price, and that price the number of bars ago specified in the input Length.

This indicator is a quick and easy method of viewing price swings between bars, illustrating price volatility.

Plot Information

Number Name Default Color Description
Plot1 %Chg Cyan/Red Plots the percent change value.
Plot2 HiAlert Dark Green Plots the high alert reference value.
Plot3 LoAlert Dark Green Plots the low alert reference value..

When applied to a chart, this indicator displays three plots in a separate subgraph from the price data.

Related Function

PercentChange