Weighted percentile nearest rank histogram (WPNRH) — Indicator by peacefulLizard50262

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!

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 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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