by 
The Candle Pressure Index measures buying versus selling pressure from candle geometry and relative volume. Each bar combines close location, body ratio, and volume rank into a raw pressure value. An exponential moving average of that pressure forms the CPI os
Indicator · Pine Script v4 · Own pane
Quantity Quality Commitment
The Quantity Quality Commitment indicator evaluates market momentum across three dimensions in a separate chart pane.
GitHub stars219on the repository
Pine versionv4older, still runs
Lines of code101
Settings10inputs
LicenceNone stated
Last update1 year ago8 May 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
Quantity Quality Commitment measures quantity by counting bullish and bearish candles over a lookback window, assesses quality by analyzing the ratio of candle bodies to total bar ranges, and gauges commitment by weighting price range assertiveness with trading volume. It also incorporates directional movement and ADX filtering. Users can customize lookback periods, toggle display labels, and adjust ADX parameters to analyze underlying trend strength across any chart timeframe.
- Three-part momentum evaluation via candle count, body ratio, and volume
- Candle body to range ratio calculations for quality assessment
- Volume-weighted body percentage calculations for commitment tracking
- Integrated ADX smoothing and directional movement filters
- Customizable lookback periods and label display toggles
Details
Published by
harryguiacorn on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum, Candlestick patterns, Volume
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.
Repository
Topics
bollingerbollinger-bandbollinger-bandsichimokuichimoku-cloudichimoku-indicatorpinepinescriptpinescript-guidespinescript-indicators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Look Back Period | int | 9 | lenLookBack |
| Display Power Labels | bool | false | bDisplayPowerLabels |
| Display Energy Labels | bool | false | bDisplayEnergyLabels |
| Display Volume Labels | bool | false | bDisplayVolumeLabels |
| Display Candles | bool | false | bDisplayCandles |
| Display Old Arrows | bool | false | bDisplayArrows |
| Circle size | int | 6 | iSizeCircles |
| ADX Smoothing | int | 14 | adxlen |
| DI Length | int | 14 | dilen |
| Base of Line in the sand | int | 10 | _histbase |
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.
Similar Pine Scripts
Calculates the standard Money Flow Index (MFI) oscillator alongside an exponential moving average signal line in a separate pane. The script visually highlights trend conditions through dynamic ribbon filling, optional difference histogram bars, and overbought
This indicator builds an aggregate oscillator in a separate pane. It scales open, high, low, close, and volume into a 0 to 1 range, then averages scaled readings from MACD, a MACD histogram, RSI, stochastic, CCI, momentum, OBV, a directional index, volume-weig
This indicator calculates the Bill Williams Market Facilitation Index as the high-low range divided by volume, or zero when volume is zero. It compares the index and volume with the previous bar and assigns one of four zones: green for both rising, fade for bo
PPO ATR Bands plots a percentage price oscillator in a separate pane. It compares a Hull average of typical price with a volume-weighted exponential average of Parabolic SAR, then scales three true-range bands around the slow average into matching oscillator l
Calculates the Chaikin Oscillator by taking the difference between a fast exponential moving average and a slow exponential moving average of the Accumulation/Distribution line. It plots the resulting line in a separate pane alongside a dashed zero reference l
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers