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Price

Price Change Percentage

PCP

Calculates the percentage change in closing price over N bars. Traders use it to measure short-term momentum or to set threshold-based entry and exit rules.

Tips

Large single-bar percentage changes often occur at support/resistance levels and can signal breakout or rejection
Use percentage change thresholds rather than absolute price thresholds so your rules adapt across different price levels

Parameters

Period
2 - 100