Gain Loss Info (Visual Overlays)

Category: volatility, market_structure

Overlays candle-by-candle percentage gain/loss and point movements directly on the chart using text objects, filtered by user-defined thresholds.

Formula

\Delta\% = \frac{Price_{curr} - Price_{ref}}{Price_{ref}} \times 100 \\ \Delta Points = \frac{|Price_{curr} - Price_{ref}|}{Point} \\ \text{where } Price_{ref} = \text{Close}[i+1] \text{ if CloseToClose else Open}[i]

Inputs

• PercentageLimit (default: 1.0)
• PointsLimit (default: 1000)
• CloseToClose (default: true)
• DisplayDistance (default: 100)
• MaxBars (default: 100)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.