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

Study Name -
Range Percentage Up From Lowest

 
 

Description

  • Plots a line with values computed by evaluating the difference between the current value and the lowest value as a percentage of the lowest value
 

Interpretation

  • Helps in understanding the trading trend of stocks in the market

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

Upward range in percentage from the lowest value of the stock

image

Formula

image

RangePercentageUpFromLowest(X) = [(value(X)-Lowest)/Lowest]*100
where X is the current bar
current bar may vary from X-N to X

 
 
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