Percentages on Left Axis and Prices on Right Axis

[rnephosCloudMam]

I have searched for this to see if there is an indicator that already does this. If there is, I couldn't find it. The closest I could get was a simple study where I chose the left axis to display the plotted study. Unfortunately, the math isn't right so I am not getting correct percentage moves. Ideally, I want what you get when you choose show price as percentage but for that to be on the left axis while the right axis still show price. Any help would be appreciated. The 0% I would like to be the open price of the day.

 

[whoDAT]

I have searched for this to see if there is an indicator that already does this. If there is, I couldn't find it. The closest I could get was a simple study where I chose the left axis to display the plotted study. Unfortunately, the math isn't right so I am not getting correct percentage moves. Ideally, I want what you get when you choose show price as percentage but for that to be on the left axis while the right axis still show price. Any help would be appreciated. The 0% I would like to be the open price of the day.

You could do a few other things. Add a label displaying the % change from open. Add horizontal lines showing the gradient of (for example) every 5% from daily open.

plot DailyOpen;
plot OU20;
plot OU15;
plot OU10;
plot OU05;
plot OD05;
plot OD10;
plot OD15;
plot OD20;

DailyOpen = open(period = AggregationPeriod.DAY);

AddLabel(yes, asPercent(close/DailyOpen) + "% to daily open", Color.GRAY, Location.TOP_LEFT);

OU20 = open(period = AggregationPeriod.DAY) * 1.20;
OU15 = open(period = AggregationPeriod.DAY) * 1.15;
OU10 = open(period = AggregationPeriod.DAY) * 1.10;
OU05 = open(period = AggregationPeriod.DAY) * 1.05;
OD05 = open(period = AggregationPeriod.DAY) * 0.95;
OD10 = open(period = AggregationPeriod.DAY) * 0.90;
OD15 = open(period = AggregationPeriod.DAY) * 0.85;
OD20 = open(period = AggregationPeriod.DAY) * 0.80;

DailyOpen.AssignValueColor(Color.LIGHT_ORANGE);
OU20.AssignValueColor(Color.WHITE);
OU15.AssignValueColor(Color.LIGHT_GRAY);
OU10.AssignValueColor(Color.WHITE);
OU05.AssignValueColor(Color.LIGHT_GRAY);
OD05.AssignValueColor(Color.LIGHT_GRAY);
OD10.AssignValueColor(Color.WHITE);
OD15.AssignValueColor(Color.LIGHT_GRAY);
OD20.AssignValueColor(Color.WHITE);


DailyOpen.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OU20.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OU15.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OU10.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OU05.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OD05.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OD10.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OD15.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
OD20.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

 

[rnephosCloudMam]

Thanks. I’ll give your suggestion a try to see if it gives me what I need. I‘ll report back.