MultiCharts: Trading Software for Automated Trading and Backtesting

Hi all,
I wrote this code as an exercise of new mouse function of MC.
It's a percent ruler between two points drawn with left click of mouse.
Hope it can be useful.
Regards
Massimo

Sorry,
you have to use it in sub chart #1.

Hi,
I can't find the built in ruler of Mc to calculate % difference between two points.
It's a basic feature for a trading software.
Regards
Massimo

How can we vote on percent change measurement tool similar to tradingview?

Hi,
I can't find the built in ruler of Mc to calculate % difference between two points.
It's a basic feature for a trading software.
Regards
Massimo

You can use the Fibonacci Retracement Price Lines drawing tool.

Look for this icon in your drawing tool bar.

Fib retracement tool doesn't address the requirement

A trend line measuring tool [TS approach], or [Tradingviews approach] is more appropriate

Trading View


OR

TS


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The tool offered above is a start, however, it does not remain and not user friendly.

See the Retracement calculator.

Retracement calculator

I am familiar with the retracement calculator, however, it also lacks the functionality desired.

It shows percent of range "retraced" not percent of "value" changed

Appreciate the thought, thank you for the link.

hwkaiser, if the indicator provided in the first post of this topic does not work for you - please submit a feature request describing the exact functionality you need to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/

I would appreciate if somebody can help me out on this. Sometime back while browsing the Multicharts support forum, I remember seeing a post
where a user had some enhancement to this indicator such that the colors will be different for the upswing and downswing measurements.I think the user had made it use Red color for downswings. I am not able to find that post despite lot of searching. I would be thankful if someone would give the
correct link for that post.

Attached minor modification of maxmax68 indicator. This indicator uses the left click mouse + ctrl key entry to initiate the data reference points on the chart. This prevents the indicator from starting a calculation with any mouse click on the chart. Also, an input was added to set the text size of the calculated result on the chart. The 0% size was not changed, but easily could be.