The Percent Movement Highlighter is a custom TradingView indicator that visually highlights candles based on their percentage movement relative to the previous day's close. The indicator uses two user-defined thresholds:
Positive Threshold: Marks candles that move up by a specified percentage or more.
Negative Threshold: Marks candles that move down by a specified percentage or more.
Features:
Visual Highlights:
Green candles for upward moves exceeding the positive threshold.
Red candles for downward moves exceeding the negative threshold.
Dynamic Counters:
Displays a summary label that counts the number of positive, negative, and neutral candles dynamically as the chart progresses.
User Inputs:
Customizable positive and negative percentage thresholds to suit different trading strategies.
This tool is useful for traders seeking to identify significant price movements and analyze market volatility efficiently.
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