Technical Studies Reference
Bar Price Change Difference - 2 Chart
This study calculates the bar to bar price change for two charts which are used in the calculation and then calculates the difference between the result of those two price changes.
The following is the formula performed at each bar in the chart: (Chart 1 Close - Chart 1 Previous Close) - (Chart 2 Close - Chart 2 Previous Close). When finding the corresponding bar in Chart 2, a nearest match using the Date-Time is used.
- Chart 2 Number: This input specifies the Chart Number of the second chart used in the calculation.
*Last modified Friday, 21st April, 2017.