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MattDeLong
Jun 23, 2016 12:05 PM

2% candle 

Tesla, Inc.NASDAQ

Description

Part of my strategy involves entering a trade based on a candle on a 5-min chart being < 2% (ignoring major volatility).
I got tired of calculating the range of a single candle either in my head or on a calculator, so I wrote this up. Feel free to share it.

Shows the %move of any single candle, default horizontal lines are 1% & 2%, can be changed by clicking the gear icon next to the indicator after you have added the indicator to your chart. Works on any timeframe, 5m, 1h, 1d, etc , obviously
the higher the timeframe, the larger the move.
Comments
vinay182
how we get the entry label..
which is the indicator
RiteshNayak
Hi, would you please grant access pls
ChrisFretwell
amazing! Bravo
blake346
Yes!
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