Net Change

netchange

Function Name: netchange

Tags: None

Category: Other

The Net Change indicator calculates and plots the net change, between each bar's Close and the previous bar's Close. This indicator is a quick and easy method of viewing price swings on a bar-by-bar basis illustrating price volatility.

The Net Change indicator plots #Hi and #Low lines on the chart, with HiAlert and LowAlert values respectively. Default value for these two lines is 0, but you can assign any other value. The basic signal with these two lines is the crossover. This can help you to easily seen when net change has crossed the upper and lower limit line.

 

Link:       http://www.investopedia.com/terms/n/netchange.asp

 

Parameters

HiAlert

 

Default Value: 1  |  Minimum: 0  |  Maximum: 99999

 

Type: Numeric

LowAlert

 

Default Value: -1  |  Minimum: -99999  |  Maximum: 0

 

Type: Numeric