Measuring Percentage Price Change Since the Session Open

Summary

This indicator displays the current symbol’s percentage price change relative to the opening price of the trading session. A current price above the session open produces a positive reading, while a price below the open produces a negative one. The value appears as a text label in the lower-right area of the chart.

The document describes a basic way to monitor intraday direction and magnitude at a glance, without requiring the trader to calculate the change manually. It does not define how the session boundary is determined, explain whether the calculation uses bid, ask, or another price, or discuss behavior across time zones and markets with different trading hours. No trading rule, predictive claim, or performance evidence is provided, so the reading is best understood as a descriptive chart display rather than a standalone signal.

Key ideas

• The indicator reports percentage change from the current session’s opening price.
• It displays positive values when price is above the open and negative values when below.
• The reading is shown as a label in the lower-right portion of the chart.
• The description does not specify session-boundary handling or establish the value as a predictive signal.

Tags

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