OPEN-SOURCE SCRIPT
OHLC Range Meter
OHLC Range Meter
An indicator that reads the Open / High / Low / Close of every candle and measures each candle's "range" from its High − Low. It's built to show at a glance which candles are moving hard and which are quiet, making it useful for reading momentum and volatility bar by bar — especially for gold (XAUUSD) trading.
Key features
Displays the range (H−L) as a label on every candle. Choose from three units — Points, Price (dollars), or Ticks — to match your own counting style and your broker's price precision. You can optionally add the body range |Close − Open| and the full OHLC values inside each label.
Labels are clearly separated between up and down candles (default: green candles above, red candles below), so direction and trend shifts are instantly readable. The position for each color is fully adjustable.
A real-time summary table in the corner shows the latest candle's OHLC and range. Position it in any of the four corners, adjust font size for both labels and table across five levels, and customize colors and label frequency.
About the units
Points mode divides (High − Low) by your chosen point size. For gold, 0.01 is recommended — a candle moving $2.30 will read as 230, matching how most gold traders count. If your broker quotes prices with three decimals, switch to 0.001, or use Ticks mode, which follows the symbol's actual mintick automatically.
How to use
Open the Pine Editor on TradingView, paste the code, and Add to chart. Adjust units and styling under Settings. Works on any symbol and any timeframe.
Note: TradingView limits labels to the most recent 500.
An indicator that reads the Open / High / Low / Close of every candle and measures each candle's "range" from its High − Low. It's built to show at a glance which candles are moving hard and which are quiet, making it useful for reading momentum and volatility bar by bar — especially for gold (XAUUSD) trading.
Key features
Displays the range (H−L) as a label on every candle. Choose from three units — Points, Price (dollars), or Ticks — to match your own counting style and your broker's price precision. You can optionally add the body range |Close − Open| and the full OHLC values inside each label.
Labels are clearly separated between up and down candles (default: green candles above, red candles below), so direction and trend shifts are instantly readable. The position for each color is fully adjustable.
A real-time summary table in the corner shows the latest candle's OHLC and range. Position it in any of the four corners, adjust font size for both labels and table across five levels, and customize colors and label frequency.
About the units
Points mode divides (High − Low) by your chosen point size. For gold, 0.01 is recommended — a candle moving $2.30 will read as 230, matching how most gold traders count. If your broker quotes prices with three decimals, switch to 0.001, or use Ticks mode, which follows the symbol's actual mintick automatically.
How to use
Open the Pine Editor on TradingView, paste the code, and Add to chart. Adjust units and styling under Settings. Works on any symbol and any timeframe.
Note: TradingView limits labels to the most recent 500.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.