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elolo
Jun 20, 2021 1:37 PM

Difference in price change 

Ethereum / US DollarBinance

Description

Compares price change between current symbol and other one (eg. BTC vs S&P500). It calculates price change on each bar (from high to low or from open to close) and compares with price change of equivalent bar from the other source.

Example
Current symbol
  • open = 10 USD
  • close = 7 USD
  • change = -3 USD
  • % change = -30%

Second symbol
  • open = 3 USD
  • close = 4 USD
  • change = +1 USD
  • % change = +33%

Performance of price change = (-30) - (+30) = -63 // It means that current source has weaker performance right now
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