OPEN-SOURCE SCRIPT
Bar HL Distribution [XWiseTrade]
Analyze the distribution of High-Low ranges over the last N bars.
This indicator groups candle ranges (in ticks) into bins and displays:
• Count per bin
• Percentage and cumulative %
• Visual histogram bars
Perfect for understanding typical volatility, setting realistic targets/stops, and spotting unusual bar sizes.
Features:
• Adjustable lookback and bin size
• Clean table with truncation warning
• Lightweight and always up-to-date
This indicator groups candle ranges (in ticks) into bins and displays:
• Count per bin
• Percentage and cumulative %
• Visual histogram bars
Perfect for understanding typical volatility, setting realistic targets/stops, and spotting unusual bar sizes.
Features:
• Adjustable lookback and bin size
• Clean table with truncation warning
• Lightweight and always up-to-date
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
X marks your alpha. Trade wise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
X marks your alpha. Trade wise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.