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nxasokan
Posted : Monday, February 29, 2016 12:24:02 PM
Registered User
Joined: 7/18/2011
Posts: 16

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

Bruce_L
Posted : Monday, February 29, 2016 1:34:27 PM


Worden Trainer

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

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
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nxasokan
Posted : Monday, February 29, 2016 2:58:00 PM
Registered User
Joined: 7/18/2011
Posts: 16

Thanks

Bruce_L
Posted : Monday, February 29, 2016 2:59:16 PM


Worden Trainer

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

You're welcome.



-Bruce
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TC2000 Support Articles
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