Registered User Joined: 7/18/2011 Posts: 16
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Hello Bruce:
Is it possible to create an indicator which continually calculates % gain or loss in price from one bar to the next bar (closing prices) and adds or subtracts this % value fom the previous cumulative % value of all bars under consideration (all available bars).
I am thinking of something like up down volume ratio except my indicator looks only at prices.
I am hoping to see if a given instrument is gaining or losing value overall at any giventime. Thanks.
Natarajan Asokan
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You could add a Custom PCF Cumulative indicator to the chart with the following settings.
- Up Condition: C > C - 1
- Down Condition: C < C - 1
- Value to Add/Subtract: 100 * (C / C1 - 1)
How to add an indicator to a chart template
How to edit an Indicator
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/18/2011 Posts: 16
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Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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