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This indicator will paint the bars on the chart if Rate Of Change value is lower than the '''PctDn''' value set in the inputs.  
This indicator will paint the bars on the chart if Rate Of Change value is lower than the '''PctDn''' value set in the inputs.  


=== Default Inputs ===
== Default Inputs ==


'''Price( Close )''' sets the price value to be used for calculations.   
'''Price( Close )''' sets the price value to be used for calculations.   

Latest revision as of 13:32, 19 September 2024

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This indicator will paint the bars on the chart if Rate Of Change value is lower than the PctDn value set in the inputs.

Default Inputs

Price( Close ) sets the price value to be used for calculations.

Length( 14 ) sets the number of previous bars for Rate Of Change value calculation.

PctDn( -2 ) sets the percent value for comparison condition.

The color of indicator plot can be changed in the settings of the indicator. Find more info here.