Close-to-Close % Change Distribu…: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

180 lines of Pine Script v4 from statistics/close_to_close_percent_change_distribution.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.

close_to_close_percent_change_distribution.pine

//@version=4
// Copyright (c) 2019-present, Alex Orekhov (everget)
// Close-to-Close % Change Distribution script may be freely distributed under the terms of GPL-3.0 license.
study("Close-to-Close % Change Distribution")

reboot = input(title="Reboot ?", defval=false)
width = input(title="Columns Width", defval=12)
space = input(title="Space Between Columns", defval=4)

columnColor = #ffb74d
labelColor = #1e90ff
whiteColor = color.white

roc = roc(close, 1)
total = bar_index + 1

p025 = cum(0 <= roc and roc < 0.25 ? 1 : 0)
plot(100 * p025 / total, offset=(-23 * space), title="0-0.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(23.5 * space)), title="0%", text=" 0% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p05 = cum(0.25 <= roc and roc < 0.5 ? 1 : 0)
plot(100 * p05 / total, offset=(-22 * space), title="0.25-0.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p075 = cum(0.5 <= roc and roc < 0.75 ? 1 : 0)
plot(100 * p075 / total, offset=(-21 * space), title="0.5-0.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p1 = cum(0.75 <= roc and roc < 1 ? 1 : 0)
plot(100 * p1 / total, offset=(-20 * space), title="0.75-1%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p125 = cum(1 <= roc and roc < 1.25 ? 1 : 0)
plot(100 * p125 / total, offset=(-19 * space), title="1-1.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(19.5 * space)), title="1%", text=" 1% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p15 = cum(1.25 <= roc and roc < 1.5 ? 1 : 0)
plot(100 * p15 / total, offset=(-18 * space), title="1.25-1.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p175 = cum(1.5 <= roc and roc < 1.75 ? 1 : 0)
plot(100 * p175 / total, offset=(-17 * space), title="1.5-1.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p2 = cum(1.75 <= roc and roc < 2 ? 1 : 0)
plot(100 * p2 / total, offset=(-16 * space), title="1.75-2%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p225 = cum(2 <= roc and roc < 2.25 ? 1 : 0)
plot(100 * p225 / total, offset=(-15 * space), title="2-2.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(15.5 * space)), title="2%", text=" 2% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p25 = cum(2.25 <= roc and roc < 2.5 ? 1 : 0)
plot(100 * p25 / total, offset=(-14 * space), title="2.25-2.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p275 = cum(2.5 <= roc and roc < 2.75 ? 1 : 0)
plot(100 * p275 / total, offset=(-13 * space), title="2.5-2.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p3 = cum(2.75 <= roc and roc < 3 ? 1 : 0)
plot(100 * p3 / total, offset=(-12 * space), title="2.75-3%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p325 = cum(3 <= roc and roc < 3.25 ? 1 : 0)
plot(100 * p325 / total, offset=(-11 * space), title="3-3.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(11.5 * space)), title="3%", text=" 3% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p35 = cum(3.25 <= roc and roc < 3.5 ? 1 : 0)
plot(100 * p35 / total, offset=(-10 * space), title="3.25-3.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p375 = cum(3.5 <= roc and roc < 3.75 ? 1 : 0)
plot(100 * p375 / total, offset=(-9 * space), title="3.5-3.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p4 = cum(3.75 <= roc and roc < 4 ? 1 : 0)
plot(100 * p4 / total, offset=(-8 * space), title="3.75-4%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p425 = cum(4 <= roc and roc < 4.25 ? 1 : 0)
plot(100 * p425 / total, offset=(-7 * space), title="4-4.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(7.5 * space)), title="4%", text=" 4% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p45 = cum(4.25 <= roc and roc < 4.5 ? 1 : 0)
plot(100 * p45 / total, offset=(-6 * space), title="4.25-4.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p475 = cum(4.5 <= roc and roc < 4.75 ? 1 : 0)
plot(100 * p475 / total, offset=(-5 * space), title="4.5-4.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p5 = cum(4.75 <= roc and roc < 5 ? 1 : 0)
plot(100 * p5 / total, offset=(-4 * space), title="4.75-5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p525 = cum(5 <= roc and roc < 5.25 ? 1 : 0)
plot(100 * p525 / total, offset=(-3 * space), title="5-5.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(3.5 * space)), title="5%", text=" 5% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

p55 = cum(5.25 <= roc and roc < 5.5 ? 1 : 0)
plot(100 * p55 / total, offset=(-2 * space), title="5.25-5.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p575 = cum(5.5 <= roc and roc < 5.75 ? 1 : 0)
plot(100 * p575 / total, offset=(-1 * space), title="5.5-5.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p6 = cum(5.75 <= roc and roc < 6 ? 1 : 0)
plot(100 * p6 / total, offset=(0 * space), title="5.75-6%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

p625 = cum(roc >= 6 ? 1 : 0)
plot(100 * p625 / total, offset=(1 * space), title="≥ 6%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(floor(0.5 * space)), title="≥ 6%", text=" ≥ 6% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

//------------------------------------------------------------------------------

n025 = cum(-0.25 < roc and roc < 0 ? 1 : 0)
plot(100 * n025 / total, offset=(-24 * space), title="-0-0.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n05 = cum(-0.5 < roc and roc <= -0.25 ? 1 : 0)
plot(100 * n05 / total, offset=(-25 * space), title="-0.25-0.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n075 = cum(-0.75 < roc and roc <= -0.5 ? 1 : 0)
plot(100 * n075 / total, offset=(-26 * space), title="-0.5-0.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n1 = cum(-1 < roc and roc <= -0.75 ? 1 : 0)
plot(100 * n1 / total, offset=(-27 * space), title="-0.75-1%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n125 = cum(-1.25 < roc and roc <= -1 ? 1 : 0)
plot(100 * n125 / total, offset=(-28 * space), title="-1-1.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(27.5 * space)), title="-1%", text=" -1% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

n15 = cum(-1.5 < roc and roc <= -1.25 ? 1 : 0)
plot(100 * n15 / total, offset=(-29 * space), title="-1.25-1.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n175 = cum(-1.75 < roc and roc <= -1.5 ? 1 : 0)
plot(100 * n175 / total, offset=(-30 * space), title="-1.5-1.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n2 = cum(-2 < roc and roc <= -1.75 ? 1 : 0)
plot(100 * n2 / total, offset=(-31 * space), title="-1.75-2%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n225 = cum(-2.25 < roc and roc <= -2 ? 1 : 0)
plot(100 * n225 / total, offset=(-32 * space), title="-2-2.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(31.5 * space)), title="-2%", text=" -2% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

n25 = cum(-2.5 < roc and roc <= -2.25 ? 1 : 0)
plot(100 * n25 / total, offset=(-33 * space), title="-2.25-2.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n275 = cum(-2.75 < roc and roc <= -2.5 ? 1 : 0)
plot(100 * n275 / total, offset=(-34 * space), title="-2.5-2.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n3 = cum(-3 < roc and roc <= -2.75 ? 1 : 0)
plot(100 * n3 / total, offset=(-35 * space), title="-2.75-3%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n325 = cum(-3.25 < roc and roc <= -3 ? 1 : 0)
plot(100 * n325 / total, offset=(-36 * space), title="-3-3.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(35.5 * space)), title="-3%", text=" -3% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

n35 = cum(-3.5 < roc and roc <= -3.25 ? 1 : 0)
plot(100 * n35 / total, offset=(-37 * space), title="-3.25-3.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n375 = cum(-3.75 < roc and roc <= -3.5 ? 1 : 0)
plot(100 * n375 / total, offset=(-38 * space), title="-3.5-3.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n4 = cum(-4 < roc and roc <= -3.75 ? 1 : 0)
plot(100 * n4 / total, offset=(-39 * space), title="-3.75-4%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n425 = cum(-4.25 < roc and roc <= -4 ? 1 : 0)
plot(100 * n425 / total, offset=(-40 * space), title="-4-4.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(39.5 * space)), title="-4%", text=" -4% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

n45 = cum(-4.5 < roc and roc <= -4.25 ? 1 : 0)
plot(100 * n45 / total, offset=(-41 * space), title="-4.25-4.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n475 = cum(-4.75 < roc and roc <= -4.5 ? 1 : 0)
plot(100 * n475 / total, offset=(-42 * space), title="-4.5-4.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n5 = cum(-5 < roc and roc <= -4.75 ? 1 : 0)
plot(100 * n5 / total, offset=(-43 * space), title="-4.75-5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n525 = cum(-5.25 < roc and roc <= -5 ? 1 : 0)
plot(100 * n525 / total, offset=(-44 * space), title="-5-5.25%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(43.5 * space)), title="-5%", text=" -5% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

n55 = cum(-5.5 < roc and roc <= -5.25 ? 1 : 0)
plot(100 * n55 / total, offset=(-45 * space), title="-5.25-5.5%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n575 = cum(-5.75 < roc and roc <= -5.5 ? 1 : 0)
plot(100 * n575 / total, offset=(-46 * space), title="-5.5-5.75%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n6 = cum(-6 < roc and roc <= -5.75 ? 1 : 0)
plot(100 * n6 / total, offset=(-47 * space), title="-5.75-6%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)

n625 = cum(roc <= -6 ? 1 : 0)
plot(100 * n625 / total, offset=(-48 * space), title="≤ -6%", style=plot.style_histogram, linewidth=width, color=columnColor, show_last=1, transp=0, editable=false)
plotshape(0, offset=(-floor(47.5 * space)), title="≤ -6%", text=" ≤ -6% ", color=labelColor, textcolor=whiteColor, style=shape.labelup, location=location.absolute, size=size.small, show_last=1, transp=0, editable=false)

Overview

Close-to-Close % Change Distribution bins percentage changes into intervals of 0.25 percent increments from negative to positive values and plots a normalized cumulative histogram in a separate pane. Columns represent percentages of bars falling into each bin. Inputs adjust column width, spacing, and provide a reboot option to reset cumulative counts. Labels mark reference points at 0 percent, 1 percent, and 2 percent.

histogram distribution
percentage change bins
separate pane
rate of change
cumulative counts

Details

Published by

everget on GitHub

Type

Indicator, Pine Script v4

Draws

Separate pane below the chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

statistics/close_to_close_percent_change_distribution.pine

Repository

github.com/everget/tradingview-pinescript-indicators. See its other scripts in the library

Topics

pinepinescripttechnical-indicatorsindicatorsoscillatorbandsaveragetradingviewindicatormoving-average

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Reboot ?	`bool`	`false`	`reboot`
Columns Width	`int`	`12`	`width`
Space Between Columns	`int`	`4`	`space`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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