PROTECTED SOURCE SCRIPT
Relative Value Percentile (RVP)
Measures the percentage distance between price and its weekly trend and places that distance within its full historical distribution, allowing traders and investors to assess whether an asset is relatively cheap, fairly valued, extended, or expensive from a probabilistic perspective.
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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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.