OPEN-SOURCE SCRIPT
Variation from Opening
📈 Purpose: This script provides traders with a clear visualization of the percentage variation from the opening price for two major futures contracts: ES1! (S&P 500 futures) and NQ1! (Nasdaq 100 futures).
🔑 Key Features:
💡 Benefits:
🎯 Ideal For: Traders looking to monitor intraday price shifts of major futures contracts.
Equip yourself with the "Variation from Opening" script and enhance your trading insights!
🔑 Key Features:
- Real-Time Price Retrieval: Fetches the latest opening prices for ES1! and NQ1! contracts.
- Percentage Variation Computation: Determines the percentage change from the opening price, offering traders an immediate view of market dynamics.
- Clear Visualization: Plots the percentage variation for both contracts in distinct colors (red for ES1! and blue for NQ1!) for easy differentiation.
💡 Benefits:
- Informed Trading: Understand intraday price movements to make better trading decisions.
- Versatility: While tailored for ES1! and NQ1!, the script can be adapted for other securities.
- Clean Display: A focused, clutter-free chart ensures traders can quickly gauge market movements.
🎯 Ideal For: Traders looking to monitor intraday price shifts of major futures contracts.
Equip yourself with the "Variation from Opening" script and enhance your trading insights!
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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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.