Impulse Guage Indicator for HA Candles

Bartjs Updated   
This script uses Heikin Ashi candles to smooth out the candles, then counts how many consecutive candles in a row are the same colour (red or green). It then takes each count and multiples it by the difference between close and open, to provide a weighted movement.
Where larger moves create greater impulses.

Release Notes:
Added labels, and changed a few other small details
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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