CM Percent Move Lower V1
Created by ChrisMoody on 9/3/2014 by Request from vlad.adrian
**Plots the percent move based on the Close of Bar Compared to the Close of Previous Bar
**If Bar closes Up then Histogram is Green, If Bar Closes Down Histogram is Red.
**Ability to Show/Hide Background Highlights, Horizontal Lines, % Histogram, and SMA of Percent Moves
Created by ChrisMoody on 9/3/2014 by Request from vlad.adrian
**Plots the percent move based on the Close of Bar Compared to the Close of Previous Bar
**If Bar closes Up then Histogram is Green, If Bar Closes Down Histogram is Red.
**Ability to Show/Hide Background Highlights, Horizontal Lines, % Histogram, and SMA of Percent Moves
Coming Soon: www.ChrisMoodyTrading.com
//Created by ChrisMoody on 9/3/2014 by Request from vlad.adrian //Plots the percent move based on the close of Bar based on close of Previous Bar //If Bar closes up then histogram is Green, If Bar Closes Down Histogram is Red. //Ability to Show/Hide Background Highlights, Horizontal Lines, and SMA of Percent Moves study("CM_Percent_Move_Lower", overlay=false) sbh = input(true, title="Show Background Highlights?") sl = input(true, title="Show Horizontal Lines?") sh = input(true, title="Show % Move Histogram?") len = input(50, title="Look Back Period for SMA") shsma = input(true, title="Show Simple Moving Average of % Moves?") //Percent Calculations diff = close-close[1] pct = abs(diff/close)*100 pctsma = sma(pct, len) //BackGround Color Definitions rlpct = pct < .5 lpct = pct >= .5 and pct < 1 mpct = pct >= 1 and pct < 1.5 hpct = pct >= 1.5 and pct < 2 rhpct = pct >= 2 //BackGround Color Plots bgcolor(sbh and rlpct ? silver : na, transp=80) bgcolor(sbh and lpct ? gray : na, transp=50) bgcolor(sbh and mpct ? yellow : na, transp=50) bgcolor(sbh and hpct ? orange : na, transp=50) bgcolor(sbh and rhpct ? fuchsia : na, transp=40) //Color of Histogram...Positive Close = Green...Close Down = Red... col = close < close[1] ? red : close > close[1] ? lime : yellow //Plot Statements plot(sh and pct ? pct : na, title="Percentage Move", style=histogram, linewidth=4, color=col) plot(shsma and pctsma ? pctsma : na, title="SMA of % Moves", style=circles, linewidth=3, color=aqua) plot(sl and .5 ? .5 : na, title=".5% Line", style=line, linewidth=2, color=gray) plot(sl and 1 ? 1 : na, title=".5% Line", style=line, linewidth=2, color=yellow) plot(sl and 1.5 ? 1.5 : na, title=".5% Line", style=line, linewidth=3, color=orange) plot(sl and 2 ? 2 : na, title=".5% Line", style=line, linewidth=4, color=fuchsia)