Index Percentage

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  • #61147
    AvatarSimon
    • Topics: 5
    • Replies: 9
    • Posts: 14

    Hi, is it possible for an Index (eg: XJO) to be displayed as a percentage? eg: XJO on 25 Feb 2020 hit a high close of 7162 and low close of 4546 on 23 March. At a rough guestimation 7162 would be above 80% percentile and 4546 would be below 20% percentile.
    Getting stuck as to what I would be comparing to, to determine the percentage.
    Thank you

    #61155
    MathewMathew
    • Topics: 32
    • Replies: 1,600
    • Posts: 1,632

    Hi Simon,

    Anything is possible (well almost), but we need more information. What is the range which has 7162 around 80%?

    When you say “percentile” that makes me think of a Frequency Distribution diagram, is that what you are looking for?

    We just need more information to be able to suggest how you can script something like that.

    All the best

    Mathew

    #61156
    MatthewMatthew
    • Topics: 5
    • Replies: 317
    • Posts: 322

    Hi,

    I’m not sure if this is 100% what you are after, but it may help point you to the right direction.

    This is how it looks on a chart (Show View):

    Ex5

    So the ATH value would equal 100 and the ATL would equal 0.  The close position of each bar is represented as a percentage within the range of those two prices.

    #61159
    AvatarSimon
    • Topics: 5
    • Replies: 9
    • Posts: 14

    referencing above chart I feel the March low % should be more lower (washed out) though will have a further play with it. Thank you very much.

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