Definition
#Measures the percentage price change from the start of the current rolling window to the latest price in that same window.
Formula & calculation
#((Current Price - Price at Start of Window) / Price at Start of Window) × 100Units & range
%. Can be positive or negative.
Interpretation
#Positive values indicate upward movement inside the active rolling window. Negative values indicate downward movement.
Practical usage
#Useful as a direction filter when combining participation or anomaly metrics with actual movement.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Assuming large activity automatically implies a positive return.
Timeframe note
#This metric applies to rolling windows such as 5m, 15m, and 60m. The underlying definition stays the same; what changes is the time horizon used to measure it. Shorter windows react faster, while longer windows smooth noise and emphasize broader structure.
5m
Faster response to fresh changes in activity and short-horizon structure.
15m
Balanced view between responsiveness and persistence.
60m
Broader context that is slower but more stable.