Rise/Fall(%)
Last updated
Last updated
Users can select a timeframe from the Rise/Fall(%) Timeframe dropdown. The selection chooses which timeframe to evaluate for the assets in the watchlist for the distance between current price and the timeframe low (rise), and the distance between current price and the timeframe high (fall).
When the Score Rank toggle is on, assets with the same Pulse and Shift TrendScan outputs are sorted by their Rise/Fall values according to the selected ranking options.
The Rise and Fall values for all assets in the watchlist are averaged and displayed collectively on the TrendScan Rise/Fall meter. This allows users to easily visualize whether assets in their watchlist (on average) are closer to their highs or lows on the selected timeframe.
This is incredibly useful in gauging overall price location and market sentiment for the assets in your watchlist, and gives users an accurate bias for what type of signals to look for on the rest of the dashboard. Retests are more likely than reversals in trending markets.
In the expanded TrendScan, Rise and Fall percentages are visible for all assets in the watchlist.
