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derMatzeImNetz

Percent Rank (ValueRay)

derMatzeImNetz Updated   
Oscillators Volatility Connors RSI (CRSI) connorrsi crsi percentrank connorcrsi ROC
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oscillator volatility connorsrsi connorrsi crsi percentrank connorcrsi roc
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.
Release Notes:
small tweaks
Release Notes:
update picture
Release Notes:
  • Update to Version 5
  • Slighty better visibility
Release Notes:
  • removed link (house rules policy)
ValueRay ➤ Stock Screener and Value Analyser in Hedge-Fond Quality
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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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.

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