This indicator calculates the distribution of close-to-close percentage changes using rate of change on closing prices. It bins percentage changes into intervals of 0.25 percent increments from negative to positive values and plots a normalized cumulative hist
Indicator · Pine Script v6 · Own pane
Price Impulse Detector
An indicator in a separate pane that shows how far each bar's high, low, close and optionally open, size or high-low combinations moved from the previous bar, as columns.
GitHub stars1on the repository
Pine versionv6current
Lines of code127
Settings21inputs
LicenceNone stated
Last update1 year ago1 Mar 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Percentile levels over a chosen number of bars mark unusually large moves, and a cumulative move over several bars has its own percentile level. Many toggles choose which series, levels and background highlights appear. It describes the size of price moves and gives no entry or exit signals.
- Bar-to-bar change columns for high, low, close and open
- Percentile levels of large moves
- Cumulative move with its own percentile level
- Show and hide toggles and background highlight
Details
Published by
ivansoft on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Volatility & bands
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.
Topics
pinescripttradingvew
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Percentile Bars | int | 200 | barsP99 |
| P99 % | float | 95 | percP99 |
| Cumulative Bars | int | 5 | barsCum |
| Bars | int | 1500 | barsCumP99 |
| P99 % | float | 99 | percCumP99 |
| High | bool | true | dispHigh |
| Low | bool | true | dispLow |
| Close | bool | true | dispClose |
| Open | bool | false | dispOpen |
| Size | bool | false | dispOpenBarsize |
| HL | bool | false | dispHL |
| LH | bool | false | dispLH |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| HH | bool | false | dispHH |
| LL | bool | false | dispLL |
| Levels | bool | true | dispLevels |
| P99 | bool | true | dispP99 |
| P100 | bool | true | dispP100 |
| Cumulative | bool | true | dispCum |
| P99 | bool | true | dispCumP99 |
| Source | string | close | cumSource |
| Highlight Background | bool | true | dispBg |
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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