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Date/Time: Sun, 28 Apr 2024 20:52:29 +0000



Post From: Measuring percent move on daily basis?

[2023-01-13 22:04:58]
John - SC Support - Posts: 31159
If you are doing this on an Intraday chart and you want the "Day" to be the trading day that starts with the prior day's Evening Session, then start with the Daily OHLC study to get the High and Low for the day. Refer to the following for the Daily OHLC study:
Daily OHLC

Then it's your choice on which study to use to do the calculation. I personally like the Spreadsheet Formula, where you would enter the following for the formula:
=(ID1.SG2 - ID1.SG3) / C

Where ID1 is the ID number of the Daily OHLC study and C is the close of the bar, so at each bar you will see what the close is in comparison to the Range at the current time. The most current bar will give you the current value.

Refer to the following for the Spreadsheet Formula:
Spreadsheet Formula

If you want to display the values as Percentages, then set the Value Format to Percent. You could also multiply by 100 if you do not want to see the % signs. Refer to the following for information on the Value Format:
Chart Studies: Settings and Inputs Tab >> Value Format
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