Candle Percentage Change from the Current Open

Summary

This indicator displays the current candle’s price change as a percentage of its opening price. Users can select the candle timeframe and display up to eight pairs on a chart, making it possible to compare this measure across several instruments at once.

The document describes the indicator’s display options but gives no formula details beyond the percentage reference to the open. It provides no trading rules, backtest, performance evidence, or discussion of limitations. The reading is therefore useful as a brief description of a charting tool, rather than as evidence for a standalone trading strategy.

Key ideas

• The indicator expresses the current candle’s price change as a percentage of its opening price.
• Users can choose the candle timeframe.
• The chart can display the indicator for up to eight pairs.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.