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:
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
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
Script de código abierto
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.