Category: Data Line Statistics Sales and Support: 022 - 4091 8900

Study Name -
Period Percentage Range

 
 

Description

  • This computes the percentage increase i.e. the highest value over a specified period divided by the lowest value over a specified period
 

Interpretation

  • This indicator is a measure of the volatility of the stock
  • The higher the value returned, the wider is the stock movement

For eg. A slope rises when it is above 20-day SMA and falls when it is below it

 
 

Default Parameters Used/Inputs
image
  • Data Line
  • Bars
image

Returns/Output
image

Range in percentage at specified period

image

Formula

image

RangePercentageDownFromHighest(X) = [(value(X)-Highest)/Highest]*100
where X indicates current bar

 
 
logo


Address: 404, Morya Classic,
Off New Link Road ,Oshiwara ,
Andheri (W),Mumbai - 400053
Sales and Support: 022 - 4091 8900
Copyright © 2010 Reliable.co.in