OPEN-SOURCE SCRIPT

PT Feeder - HighLowPricePercentage

2 268
Yet another script to help people set the Addon PT Feeder for a trading bot Profit Trailer. Same rule applies if you do not own this the following explanation will not help you.

- Add the script to your favourites
- Edit Minutes for short term and long term for both indicators
- Set candle size you are using default is 5 Minutes

HighLowPricePercentage (Source PT Feeder Wiki)
"This is a property to try and check the variance of the price from the norm and is over the MinutesToMeasureTrend time window. The math is:

firstVariance = (high.ActualPrice - low.ActualPrice) / 2
medianVariance = high.ActualPrice - firstVariance
highLowPercentage = (latestActualPrice - medianVariance) / latestActualPrice * 100".

LongerTermHighLowPricePercentage (Source PT Feeder Wiki)
"This is a property to try and check the variance of the price from the norm and is over the LongerTermMinutesToMeasureTrend time window. The math is the same as the HighLowPricePercentage".

Sources:
PT Feeder Wiki - github.com/mehtadone/PTFeeder/wiki/appsettings.json---Offset-Groups

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