Percent Movement Highlighter

7天前

The Percent Movement Highlighter is a custom TradingView indicator that visually highlights candles based on their percentage movement relative to the previous day's close. The indicator uses two user-defined thresholds:

Positive Threshold: Marks candles that move up by a specified percentage or more.
Negative Threshold: Marks candles that move down by a specified percentage or more.

Features:
Visual Highlights:

Green candles for upward moves exceeding the positive threshold.
Red candles for downward moves exceeding the negative threshold.

Dynamic Counters:

Displays a summary label that counts the number of positive, negative, and neutral candles dynamically as the chart progresses.
User Inputs:

Customizable positive and negative percentage thresholds to suit different trading strategies.
This tool is useful for traders seeking to identify significant price movements and analyze market volatility efficiently.