Functions

talib.percentrank()

Percent rank is the percents of how many previous values was less than or equal to the current value of given series.

Syntax

                talib.percentrank(series float source, series int length) → series float

Arguments

source required series float Series of values to process.

length required series int Number of bars (length).

Return Type

series float

Example


          indicator("Percent Rank", overlay=false)
length = input(20, "Lookback Period")
source = input(close, "Source")
percentRank = talib.percentrank(source, length) * 100
plot(percentRank, color=color.blue, title="Percent Rank")
hline(80, "Overbought", color=color.red)
hline(20, "Oversold", color=color.green)