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
Hi, what is the change %, that regularly changes? Is it based on the opening of the day?
isslerman
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@bmcCat, Hi, it's based on the closed price of the last candle.
bmcCat
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@isslerman, thank you for your reply, but why does it not change even if I change to different time frames though they have varied candle closings? Can it be referenced to a specific price regardless of the timeframe or previous candle close?
isslerman
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@bmcCat, if you want you can change to the opening price. ((close/open)-1)*100