OPEN-SOURCE SCRIPT

Percent Change Histogram + MA

87
Candle Percent Move Columns with Optional Moving Average

Description:
This indicator calculates the percentage move of each candle over a specified number of bars and displays it as upward-facing columns, regardless of the candle direction. Each column is color-coded based on the candle’s direction—green for bullish, red for bearish. An optional moving average can be overlaid on the percentage values to help visualize trends and smooth out volatility.

Features:

Shows each candle’s percentage move as a column facing upward.

Columns are colored according to candle direction.

Adjustable input for the number of bars used in calculation.

Optional moving average overlay that can be added or removed.

Helps quickly assess volatility and trend strength in percentage terms.

Use Case:
Ideal for traders who want a clear visual representation of individual candle movements in percentage terms, making it easier to spot trends, pullbacks, and volatility patterns across different timeframes.

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