The Titans Price Incidence indicator is set to display the historical incidence of highs and lows at each price level. A longer bar indicates a higher occurrence of highs and lows at that price level.
The interval of each price level is determined by a user-defined "degree", which is a multiple of the counter's minimum tick. For example, a counter with a minimum tick of 0.00001 and a degree of 200 will result in a price interval of 0.002. As another example, a counter with a minimum tick of 0.001 and a degree of 10000 will result in a price interval of 10. For convenience the minimum tick of the counter is included as a plot.
The historical period to study is based on a user-defined "lookback", which is the number of candles to look back over.
Finally it is possible to review the indicator display at a certain candle in the past by entering a "reference". To display the current price incidence, a reference of 0 should be used.