OPEN-SOURCE SCRIPT
Weighted percentile nearest rank histogram (WPNRH)
Original script 
I tried to visualize what percentile the price is at as a column chart. It isnt as good as it could possibly be Im sure, but I could only fit in steps of 10 due to processing limits. Due to the flawed way I am attempting this there are some times gaps in the data. To fix this I added a gap fill feature that just takes the last known value and transfers it over to current.
I hope you enjoy!
I tried to visualize what percentile the price is at as a column chart. It isnt as good as it could possibly be Im sure, but I could only fit in steps of 10 due to processing limits. Due to the flawed way I am attempting this there are some times gaps in the data. To fix this I added a gap fill feature that just takes the last known value and transfers it over to current.
I hope you enjoy!
Release Notes
Major speedup, added gradient color options, increased resolution and added a resolution selector, default lookback is larger now that we can have a larger lookback, added smoothing. Enjoy!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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.