Cleverio - Quantower Indicators Help

Price Change (PC)

Description

The Price Change (PC) indicator visualizes the median price increase as a percentage.

How It Works

The Price Change (PC) indicator calculates the median price of the current candle and compares it to the previous candle. The resulting price change is then displayed as a percentage.

Formula

if (lastPrice > previousLastPrice) { if (orderSide == OrderSide.Sell) { return NormalizedPrice(((price - takeProfitPrice) / price) * 100.0); } return NormalizedPrice(((takeProfitPrice - price) / price) * 100.0); } else { if (orderSide == OrderSide.Sell) { return NormalizedPrice(((price - takeProfitPrice) / price) * 100.0); } return NormalizedPrice(((takeProfitPrice - price) / price) * 100.0); }

Chart Settings

pc-settings-1.png
  1. "Indicator Short Name"

    1. "Bearish Color"

    2. "Bullish Color"

pc-settings-2.png

* For common indicator properties please see Common Indicator Settings

Watchlist Settings

wl-pc-settings.png

* For common indicator properties please see Common Indicator Settings

Chart View

chart-pc-indicator.png
Last modified: 24 September 2024