Simple indicator - Percent Change

[strewthmate]

Hi

I've tried to search for this but can't find it anywhere. It's a very simple calculation but I've no coding skills so am lost. I'm surprised it's not a standard calc for most platforms.

I simply want a rolling indicator that plots the day's percentage change (a) and the absolute percent movement (b). E.g. -2.5% for a and 2.5% for b. Separately or on the same chart it doesn't really matter, as long as I can then use the strategy analyser.

Close (or current level) minus previous close divided by the previous close.

Is there anywhere this could be found or could some kind soul knock this up quickly (even just a).

Many thanks

[NinjaTrader_Matthew]

Hello,

There are a few NetChange indicators which should accomplish this, or at least give you an idea of how this could be accomplished:

http://www.ninjatrader.com/support/f...&keys=1&ents=1

[strewthmate]

Thanks, they're close, but not quite there.

The net change doesn't show the percentage, while the display netchange just shows today's which doesn't allow for back testing. Appreciate any other ideas

[mate41]

Hi strewthmate,
here is an other example of what you need..

[koganam]

Originally Posted by strewthmate

Hi

I've tried to search for this but can't find it anywhere. It's a very simple calculation but I've no coding skills so am lost. I'm surprised it's not a standard calc for most platforms.

I simply want a rolling indicator that plots the day's percentage change (a) and the absolute percent movement (b). E.g. -2.5% for a and 2.5% for b. Separately or on the same chart it doesn't really matter, as long as I can then use the strategy analyser.

Close (or current level) minus previous close divided by the previous close.

Is there anywhere this could be found or could some kind soul knock this up quickly (even just a).

Many thanks

What you describe is what the shipping ROC indicator does.

[strewthmate]

Excellent thanks. The ROC works. I completely missed that one as I assumed it just gave you the numerical ROC not the %. Many thanks.

[StarBright2009]

I am looking for an indicator similar to the ROC indicator.

The ROC (Rate-of-change) indicator displays the percent change between the current price and the price x-time ago.

I am looking for:

An indicator that displays the price change between the current price and the price x-time ago. Where similar to ROC, I can input a "Period" parameter and view all the price changes along the time line with that period difference. e.g., If I input a "period" of 1 on a daily chart, I would see the change in price for each day in the Data Box.

Thanks.

[koganam]

Originally Posted by StarBright2009

I am looking for an indicator similar to the ROC indicator.

The ROC (Rate-of-change) indicator displays the percent change between the current price and the price x-time ago.

I am looking for:

An indicator that displays the price change between the current price and the price x-time ago. Where similar to ROC, I can input a "Period" parameter and view all the price changes along the time line with that period difference. e.g., If I input a "period" of 1 on a daily chart, I would see the change in price for each day in the Data Box.

Thanks.

That is called the Momentum indicator.

[StarBright2009]

Excellent! That is exactly what I was looking for!

Thank you.