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Percent Change

The Percent Change indicator measures and places the net change, expressed in percent, between a bar's price, as specified by the input Price, and that price the amount of bars ago specified in the input Length. The default settings plot the percent change for the close of every bar compared to the preceding bar.

This indicator is a fast and simple method of watching price fluctuations on a bar-by-bar basis depicting price inconstancy. The indicator will be placed at once by the default settings in red when the Percent Change is negative and in dark green when the Percent Change is positive.

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