Hey guys !
Since I was bored, figured I would make something more related to crypto.
Original idea of it was from .vfisenko. ( )
Basically this is a % Change in the last 2 bars. Also there is a criteria lines for the % over or under.
ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this.
It was exactly what I was looking for, so decided...
A centered oscillator that rethinks the Stocastic Oscillator (and others).
The midline of historical price is used to calculate the percentage of the current price relative to the midline.
See the comments at the beginning of the script for a complete description.
I made this for personal use, for a indicator, but bcs I dont see a script like this I wanted to just post it for other ppl.
This is just a script that tells the candles based on %, including wicks. (wicks are inverted to save space and bcs I prefer it)
This works for all markets.
OBV Oscillator in %
This indicator computes the regular OBV using the standard formula and then creates an oscillator out of it.
Differences with other OBV oscillators:
- Computed value is relative to 100; it’s a percentage (no more huge numbers on the right scale),
- Adds a reference line at 0,
- Oscillators are computed by comparing the current situation (short...
This indicator shows the percent change between the highs and the lows (or optionally the open and close) of each candle. You may also set a low and a high percent threshold to better highlight the candles that exceed your desired spread percent. Red signifies low spread, green is high spread - these are unrelated to the color of the candle body. There is also the...
I updated the GBTC premium percentage indicator to the average bitcoin price (average between bitfinex, coinbase, bitstamp, bittrex, and gemini). I also left this new script open so you can update the amount of bitcoin per share because it is always changing. you can find the amount of bitcoin per share at grayscale.co half way down on the left.
BossHouse - Price Change
What it is:
In the stock market, a price change is the difference in trading prices from one period to the next or the difference between the daily opening and closing prices of a share of stock.
Here you have a timeline with a bar price change. In seconds you can see if the selected market has good and high price changes or not.
This overlayed utility is used for showing the volatality of the price.
It is useful to see the changed percentage of the price in order to decide what stock/crypto to buy, b/c if the volatility (changed percentage) is high it's likely that you can make bigger profit.
Added option to display changed percentage for:
- Current Close price compared to previous...