Tick Volume Percentage Change

[Apprentice]

Based on request.
viewtopic.php?f=27&t=62236
Is calculated as.
Volume / (Previous Volume / 100)
If normalized
Volume / (Previous Volume / 100) -100

Tick Volume Percentage Change.lua

(5.04 KiB) Downloaded 857 times

[nookie]

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

[Apprentice]

Try percent change.
viewtopic.php?f=17&t=6522&p=100645&hilit=Change#p100645

[Apprentice]

The indicator was revised and updated.