This overlay indicator draws a fixed-range volume profile on the price chart, splitting traded activity into up and down volume at each price level. It also plots a sentiment profile, a developing point of control, and value-area high and low around a configur
Indicator · Pine Script v6 · On the chart
Weighted Percentile Nearest Rank
Weighted Percentile Nearest Rank calculates a weighted percentile level over a configurable lookback window and plots it directly on the price chart.
GitHub stars5on the repository
Pine versionv6current
Lines of code60
Settings5inputs
LicenceNone stated
Last update8 months ago21 Feb 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
Data points are weighted using linear time decay and optional inferred volume based on candle body size. The script sorts historical price values alongside cumulative weights to extract the price corresponding to the specified percentile rank, offering a volume- and recency-adjusted central tendency or level indicator.
- Weighted percentile nearest rank calculation
- Linear time decay weighting option
- Inferred volume weighting based on candle body size
- Customizable percentile target and lookback window
Details
Published by
gorx1 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | src |
| Length | int | 256 | len |
| % | int | 50 | p |
| Time | bool | true | time_ |
| Inferred volume | bool | true | iv |
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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