Moving Gain Loss Percent — Indicator by yalla-yalla-habibi

candlestick percentile percentage percent gain gains loss

Tracks the percentage gain/loss in three ranges:
single candle (can be turned on or off)
custom range of candles
custom range of candles

For example, with a range of 3 candles, and the serie:

1 - close 10
2 - close 5
3 - close 20

The moving gain would be:

1 - close 10 - gain 10, infinite%
2 - close 5 - gain 5, infinite%
3 - close 18 - gain 8, 80%

Or, for example if the range is 12 candles on a monthly chart, then the result is the Year-To-Date gain/loss plotted as a percentage.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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