PriceCatch Stock Range Binning-v1

Hi Traders.

This is a simple script that will show you the number of times an instrument was within a change% zone. For example, you will know how many times it was between 5% and 10%, or 1% and 3%. So with this info, you will be able to set your expectation regarding the move the instrument is likely to make on any trading day. So, if you notice that the instrument has moved into a higher zone, then you can estimate to an extent where it will attempt to go.

Play with it and you will know its use.

I have kept the source open so that you can study it yourself and make any changes as per your needs.

Remember, this is not an indicator but just an info script.

All the best with your trades.