Price Change

Modified on Sun, 7 Jun at 12:14 PM

Price Change — real-time visualization of market volatility and price movement intensity

To open the Price Change widget, select Widgets → Price Change.

The Price Change widget is an innovative tool for analyzing volatility and price changes of an instrument in real time. It visualizes the intensity of price movements on a scale from -100 to +100, where values above the threshold level indicate increased market activity.

Why Traders Need It

Key Advantages

1. Early Volatility Detection

  • Detects rising market activity before it becomes visible on the chart.

  • Helps enter positions at the beginning of strong moves.

2. Risk Management

  • Alerts traders to sudden price changes using sound notifications.

  • Helps adjust position size based on current volatility.

3. Improved Trade Timing

  • Identifies optimal entry and exit points.

  • Helps avoid entering sideways or low-volatility markets.

4. Market Adaptability

  • Automatically adjusts to changing market volatility.

  • Uses historical data to calibrate indicator readings.

Practical Use Cases

  • Scalping: Detect micro price movements quickly.

  • Day Trading: Identify breakout and trending conditions.

  • Risk Management: Monitor changing volatility to adjust stop-loss levels.

  • News Trading: React instantly to volatility spikes following major events.

Main Settings

Calculation Group

  • Mode — calculation method (Standard Deviation or Rate of Change).

  • Period — analysis interval (10 seconds to 5 minutes).

  • Training Period — learning period (5 minutes to 1 hour).

  • Threshold — alert trigger level (10–100).

Colors Group

  • Background — widget background color.

  • Price Up — color for positive values (green).

  • Price Down — color for negative values (red).

  • Text Color — primary text color.

  • Secondary Text Color — secondary text color.

  • Grid — color of grid and layout lines.

Alerts Group

  • Enabled — enable or disable sound alerts.

  • Audio Theme — select a sound theme.

  • Sound Volume — set the sound level (0–100%).

  • Price Up — sound file for positive price changes.

  • Price Down — sound file for negative price changes.

Widget Interface

Main Elements

  1. Display Mode — shows the current calculation mode.

  2. Value Scale — ranges from -100 to +100.

  3. Central Indicator — displays the current price change value.

  4. Threshold Lines — indicate the configured threshold level.

  5. Percentage Display — numeric representation of the current change.

  6. Instrument Price — displays the current price of the selected instrument.

Widget States

  • Loading — animated dots with the message "Loading data".

  • Training — historical data analysis is in progress.

  • Active — normal operation displaying current readings.

  • Test Mode — used to verify alert sounds.

Data Interpretation

Indicator Values

  • 0 — no significant price change.

  • +1 to +25 — slight increase in activity.

  • +25 to +50 — moderate increase in activity.

  • +50 to +75 — strong market activity.

  • +75 to +100 — extremely high volatility.

  • Negative values — represent price decreases with the same intensity scale.

Color Indication

  • Green — positive price change.

  • Red — negative price change.

  • White — neutral state near zero.

Sliding Window Principle

The widget uses a two-period normalization system to adaptively display market changes.

How It Works

Two key parameters are used:

  • Measurement Window — the period used to calculate the current value.

  • Normalization Window — the period used to determine the display scale.

Algorithm:

  1. Calculate the current change: Every second, the system calculates the price change over the selected measurement window.

  2. Determine the maximum: The system analyzes all changes within the normalization window and identifies the largest deviation.

  3. Normalize the visualization: The current value is displayed relative to the detected maximum.

Example:

  • Maximum change over 10 minutes = 5%

  • Current change = 1%

  • Widget indication = 20% (1% ÷ 5% × 100%).

Advantage

The widget automatically adapts its display scale to current market volatility, ensuring clear and intuitive visualization under any trading conditions.

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