OPEN-SOURCE SCRIPT

Percentage Change Indicator

By bariskurt007
Percentage Change Indicator

This indicator calculates and displays the percentage change between the current close price and the previous close price. It provides a clear visual representation of price movements, helping traders quickly identify significant changes in the market.

## Formula
The percentage change is calculated using the following formula:
```
Percentage Change = (Current Close - Previous Close) * 100 / Current Close
```

## Features
- Displays percentage change as a bar chart
- Green bars indicate positive changes
- Red bars indicate negative changes
- A horizontal line at 0% helps distinguish between positive and negative movements

## How to Use
1. Add the indicator to your chart
2. Observe the bar chart below your main price chart
3. Green bars above the 0% line indicate upward price movements
4. Red bars below the 0% line indicate downward price movements
5. The height of each bar represents the magnitude of the percentage change

This indicator can be particularly useful for:
- Identifying sudden price spikes or drops
- Analyzing the volatility of an asset
- Comparing price movements across different timeframes
- Spotting potential entry or exit points based on percentage changes

Customize the indicator's appearance in the settings to suit your charting preferences.

Note: This indicator works on all timeframes, adapting its calculations to the selected chart period.
CyclesFractalHarmonic Patterns

نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الرمز في المنشور يخضع لقواعد‎‎قوانين الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟

إخلاء المسؤولية