OPEN-SOURCE SCRIPT

Total Points Range by exp3rts

260
This indicator measures and displays the true intraday movement of a market by approximating tick-level activity using 1-second data aggregation. Instead of only looking at net candle movement, it sums every price change during a session, giving traders a more accurate picture of market effort and volatility.

  1. Total Points Moved (TPM) – Captures the full distance traveled by price, not just the net gain/loss.
  2. Bullish vs. Bearish Movement – Separates upward and downward moves so you can see who dominated the session.
  3. Custom Sessions – Define your own session start/end times and time zone for precise tracking.
  4. End-of-Session Summary – Automatically plots a label at session completion with totals for TPM, bullish, and bearish movement.
  5. Visual Session Highlighting – Background shading makes it easy to see when the chosen session is active.


This tool is useful for:
  • Understanding the true effort vs. result of price movement
  • Comparing volatility across sessions
  • Identifying whether bulls or bears contributed more to market swings
  • Supporting order flow and tick-based trading strategies

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.