OPEN-SOURCE SCRIPT
Updated Percent Rank (ValueRay)
The Percent Rank is naturally quite choppy. I therefor placed an EMA(3) over it and make the origin Percent Rank only slightly visible. I also add some boundaries.
Note that the EMA of the Percent Rank looks quite similiar to the Connors RSI.
Use it as the RSI.
Note that the EMA of the Percent Rank looks quite similiar to the Connors RSI.
Use it as the RSI.
Release Notes
small tweaksRelease Notes
update pictureRelease Notes
- Update to Version 5
- Slighty better visibility
Release Notes
- removed link (house rules policy)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
ValueRay ➤ Stock Screener and Value Analyser in Hedge-Fond Quality
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
ValueRay ➤ Stock Screener and Value Analyser in Hedge-Fond Quality
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.