I am looking for a way to see the stock chart which shows each day’s close price as an up or down bar and also how much up or down. I prefer thinkorswim as that is my broker. Anyone has any idea on how to do this? Thanks very much.
You can use the rate of change (ROC) with length = 1 and maybe you can set the plot style as bar instead of line.
I got the up and down bars alright but the numbers are not accurate. If the difference between yesterday’s close and today’s close is 10 in SPY, it’s showing 1/4th of that. Any idea how to see the actual difference? Thanks
Yes I know but I need the difference between yesterday’s close and today’s close as a number. This tells me how much a stock is moving each day.
Maybe because ROC is based on Open but if you can't chose Close as the source then I don't know ... I don't have ToS but I see you can use thinkScript to modify / create studies. You can script something like: (Pct wise) plot myvar = ( (close - close[1]) / close[1] * 100); SetChartType(ChartType.BAR); Or (Pts wise) plot myvar = (close - close[1]); SetChartType(ChartType.BAR); More about thinkScript
Thanks I will try this thinkscript. No, it is taking the close as the source. I think it’s a scale issue.
That would be Bar Net Change which would give you the dollar amount and there is Bar Percent Change which gives you change in percentage
%% MOST any daily candlechart shows that, dollar amount+ some do that + %. Same way with a 2 day intraday chart\except intraday usually contains many more errors