by 
This indicator builds Market Profile Time Price Opportunity (TPO) structures across defined session timeframes directly on the main price chart. It visualizes the Point of Control (POC) and Value Area boundaries using dynamic box drawings. An integrated multi-
Indicator · Pine Script v6 · On the chart
Quarter Theory Stats
A table-only companion to the quarter theory overlay.
GitHub stars1on the repository
Pine versionv6current
Lines of code905
Settings5inputs
LicenceNone stated
Last update3 months ago4 Jul 2026
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
Quarter Theory Stats builds conditional frequency statistics from 15-minute bars, whichever chart timeframe is used, and shows them in an on-chart table: the chance of a quarter extending, how a third-quarter close classifies the hour, the breakout rate by hour of day and how often extremes are reclaimed. A minimum sample count hides thin results, and a reference section can add a 24-hour grid. The numbers are historical frequencies from loaded chart data, not forecasts.
- Quarter extension probability table
- Hour classification statistics
- Hour-of-day breakout grid
- Minimum sample filter
- Selectable table position and theme
Details
Published by
abhinaynatraj on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M15-H1
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Theme | string | Auto | gTheme |
| Table position | string | top_right | gTblPos |
| Show reference section (24-hr grid + rejection / reclaim rates) | bool | false | gShowReference |
| Minimum samples to show a probability | int | 20 | gMinSamples |
| Restrict to tracked hours only | bool | true | gTrackedOnly |
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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