display CAGR* on line or channel ? (one-year growth equivalent)
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As far as I know, there is no (standard) PRT object available for this…
You can use Ivan’s indicator and set the number of days via the number of units used…
Additionally, you can have the indicator draw two extra lines for the start and end points…//-------------------------------------------------------// //PRC_CAGR and Growth rate //version = 1 //22.03.24 //Iván González @ www.prorealcode.com //Sharing ProRealTime knowledge //-------------------------------------------------------// //-----Inputs--------------------------------------------// defparam drawonlastbaronly = true FinValue = Close[0] IniValue = close[barindex] //-------------------------------------------------------// //-----Calculate number of periods-----------------------// tm = gettimeframe if tm > 86400 then period = barindex else if day <> day[1] then period = 1+period else period = period endif endif //-------------------------------------------------------// //---Check timeframe for CAGR calculation----------------// if tm = 2592000 then //monthly timeframe n = 12 drawtext("Period: #period# months",-100,+60)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) elsif tm = 604800 then //weekly timeframe n = 52 drawtext("Period: #period# weeks",-100,+60)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) elsif tm <=86400 then //Other timeframes (daily or less) n = 252 drawtext("Period: #period# days",-100,+60)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) else drawtext("Period: #period# bars",-100,+60)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) endif //-------------------------------------------------------// //-----CAGR and Growth Rate------------------------------// if barindex < n then CAGR = undefined else CAGR = round((POW((FinValue/IniValue),(n/period))-1)*100,2) GR = round((FinValue / IniValue - 1) * 100,2) endif //-------------------------------------------------------// //-----Plot----------------------------------------------// if tm=2592000 or tm=604800 or tm<=86400 then drawtext("Growth rate: #GR# %",-100,100)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) drawtext("CAGR: #CAGR# %",-100,+80)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) drawrectangle(-200,110,-10,50)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT )fillcolor("blue",50) else drawtext("Growth rate: #GR# %",-100,100)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT ) drawrectangle(-200,110,-10,50)anchor(BOTTOMRIGHT ,XSHIFT ,YSHIFT )fillcolor("blue",50) endif //-------------------------------------------------------// DrawHLine(Close[0]) DrawHLine(Open[BarIndex]) returnrobertogozzi, Iván González and utestit75 thanked this postHi,
thanks again JS, although what I meant to have was different from above: I’m looking for an object, with a calculated metric, calculated from the start and end point of that object, upon drwaing the object (whereas above “indicator path” adds a window, which displays that metric, which parameters to be given)
To clarify: a graph should be clearer than a long talk, attached is a simulated graph of what I’m looking for :
- the bold line in orange, with +12% automaticaly calculated, is the expected result;
- the date- and level- lines are here just to illustrate the calculation of +12%, and wouldn’t be displayed.
- note: +12% = (136,7 / 117,6) ^ (360/524) -1,
- with 524 being the number of days from 3/8/23 (ini date) to 23/1/25 (final date).
This metric could be displayed on top of a segment, line, or channel (here a standard-error channel).
It could even be added as a tick box in the parameter window for any of these objects (it’s a most basic metric, if not the most …)
From JS earlier post, I assume it does not exist in PRT “as-is”. But I would very much appreciate if it could !
I guess I should request it for a future PRT release (shouldn’t be too heavy to implement – but would be mooost helpful).
Thanks in advance for your inputs !
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Topic Details
| Forum: | Platform Support: Charts, Data & Broker Setup |
| Language: | English |
| Started: | 02/18/2025 |
| Status: | Active |
| Attachments: | 2 files |
