Patch Notes for Price Change Rate Indicator - Version 1.1
In this update, we've made several enhancements to improve usability and give users more control over how they view their indicators. Here's what's new:
Added Reference Lines: For a better visualization, we've added three reference horizontal lines. By default, these lines are at 0, 30, and -30.
The 0 line, termed as the "Zero Line", serves as the neutral line in the chart. It shows where the price change rate shifts from positive to negative or vice versa.
The 30 line, or the "Upper Bound", acts as an overbought line. When the price change rate crosses this level upwards, the asset might be considered overbought.
The -30 line, or the "Lower Bound", acts as an oversold line. If the price change rate crosses this level downwards, the asset might be considered oversold.
User-defined Reference Line Levels: Users now have the flexibility to change the levels of the "Upper Bound" and "Lower Bound" lines according to their trading strategy. This lets users tailor the indicator to better suit their individual needs.
Enhanced Color Visibility: All reference lines are colored black for stark contrast and clear visibility against the red, green, and blue lines of the Price Change Rate.
Configurable 'Price Change Rate 3' Indicator: By default, the "Price Change Rate 3" line is disabled (hidden from the chart). However, users can now enable it by setting a value greater than 0 and change it's color to its corresponding length in the settings. This provides users with more control over their charts, allowing them to view only the indicators that they deem necessary.
This version of the Price Change Rate Indicator aims to provide users with more flexibility, better control, and clearer visual aids to assist in their trading strategy.