PROTECTED SOURCE SCRIPT
ABINASH SIR PRENCENTAGE
This indicator is designed to visually represent percentage changes from the previous day's close, PREVIOUS WEEKLY CLOSE, PREVIOUS MONTHLY CLOSE
1. Percentage Change Lines: The core function of the script is to apply lines to the chart that represent specific percentage changes from the previous day's closing price,weekly closing price , monthly closing price. It can display up to five different percentage levels, ranging from 0.50% to 2.50% by default but the user can set any value that they wish. This feature allows users to quickly gauge how the current price is performing relative to the previous day's close, weekly close , monthly close.
2. Customizable Inputs: Users have the flexibility to customize the script through various inputs. This includes the option to display lines and to select which specific percentage change levels to plot (show_pct1 to show_pct5).
INPUTS YOU COULD SELECT
1. DAILY
2.WEEKLY
3.MONTHLY
3. Dynamic Calculation: The script dynamically calculates the previous closing price (DAY ,WEEK , MOMTH) by making a request security call and uses it as a baseline to determine the percentage change levels.
% Change = (y2-y1)/y1*100
4. Positive and Negative Changes: It plots both positive and negative percentage changes, allowing users to see areas of potential resistance and support based on historical closing data.
1. Percentage Change Lines: The core function of the script is to apply lines to the chart that represent specific percentage changes from the previous day's closing price,weekly closing price , monthly closing price. It can display up to five different percentage levels, ranging from 0.50% to 2.50% by default but the user can set any value that they wish. This feature allows users to quickly gauge how the current price is performing relative to the previous day's close, weekly close , monthly close.
2. Customizable Inputs: Users have the flexibility to customize the script through various inputs. This includes the option to display lines and to select which specific percentage change levels to plot (show_pct1 to show_pct5).
INPUTS YOU COULD SELECT
1. DAILY
2.WEEKLY
3.MONTHLY
3. Dynamic Calculation: The script dynamically calculates the previous closing price (DAY ,WEEK , MOMTH) by making a request security call and uses it as a baseline to determine the percentage change levels.
% Change = (y2-y1)/y1*100
4. Positive and Negative Changes: It plots both positive and negative percentage changes, allowing users to see areas of potential resistance and support based on historical closing data.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.