TradingView
peacefulLizard50262
Sep 1, 2022 9:09 PM

Weighted percentile nearest rank oscillator 

Bitcoin / TetherUSBinance

Description

Original script tradingview.com/script/4LByGQj0-Weighted-percentile-nearest-rank/

This is my attempt at making a price oscillator out of gorx1's weighted percentile nearest rank script. I centered everything to the 50th percentile and everything oscillates around that. The upper and lower bounds are 100th and 0th. Normalization normalizes the data to the top and bottom lines. The 'center line' represents the momentum of the 50th percentile in either direction. Good luck and happy hunting.

Release Notes

I made it easier to use custom inputs.

Release Notes

fix
Comments
gorx1
I hope one day TV will gift us the ability to add custom studies to its stock screener, this script will be very useful there
peacefulLizard50262
@gorx1, That would be incredible! You're the man :D
OutsourcE
Nicey ✌️
More