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Create Column for Distance Between Stop Price and Current Price Rate this Topic:
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Gary3302
Posted : Saturday, April 28, 2018 5:09:56 PM
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Joined: 1/5/2008
Posts: 117

I have created a column on a watch list that lists the value of an indicator that I use to determine my stop level.  Is there a way to create another column that lists the percentage difference between that value and the current price of the stock ?  That of course would allow me to quickly determine my risk in the trade.

Thanks in advance for the help.

Bruce_L
Posted : Monday, April 30, 2018 11:43:27 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Can your indicator be expressed as a formula?

If you want the percent that price is above or below a formula.

100 * (C / (your formula here) - 1)

If you want the percent the formula is above or below price.

100 * ((your formula here) / C - 1)

The parenthese are important, leave them all in when replacing your formula here with whatever formula is being used as the indicator for your stop.



-Bruce
Personal Criteria Formulas
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Gary3302
Posted : Monday, April 30, 2018 11:08:32 PM
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Joined: 1/5/2008
Posts: 117

Yes it can, this works great Bruce.  Very much appreciated.

Bruce_L
Posted : Tuesday, May 1, 2018 9:07:37 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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