by nookie » Tue May 26, 2015 8:57 am
Can we tweak the formula a bit ?
Formula:
PerChg = 100 * (Price - Price[n]) / Price[n]
where
n = calculation time period
Price[n] = the price n periods ago
This indicator is a fast and simple method of watching price fluctuations on a bar-by-bar basis depicting price inconstancy.
No smoothing or MVA added is needed, only this formula please