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'''PctDn( -2 )''' sets the percent value for comparison condition.
'''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 [http://www.multicharts.com/trading-software/index.php/Indicator_Settings here]
The color of indicator plot can be changed in the settings of the indicator. Find more info [http://www.multicharts.com/trading-software/index.php/Indicator_Settings here].




[[Category:Pre-built Indicators]]
[[Category:Pre-built Indicators]]

Revision as of 14:35, 18 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.