Price Change Bundle 1.0 BT is a composite indicator consisting of three modules—Levels, Bars, and Histogram—designed to analyze price movements relative to higher timeframe closes. It integrates concepts from Supply & Demand and a custom ZigZag to reveal how price behaves around significant reference points.
- Price Change Levels: Displays percentage zones (±0.25% to ±1.25%) from a 0% baseline within a selected timeframe, showing both percentage and price values. Lines can be extended to the period’s end for clear weekly or monthly mapping.
- Price Change Bars: Colors candles based on their position relative to the timeframe pivot, indicating regimes with full above/below coloring. Includes arrows signaling direction changes and re-entries after neutral phases, aiding entry decisions.
- Price Change Histogram: Illustrates overall percentage development (Up%/Down%) against the same timeframe reference, facilitating quick identification of acceleration or slowdowns.
Each module can be toggled on or off independently and configured with different timeframes. The indicator works on any chart type, including Renko, range, and tick charts, using time-based timeframe calculations. It anchors calculations to previous closes of higher timeframes (monthly, weekly, daily) and does not repaint. Buyers have access to direct support from the developer.