TanHef

Ranks

TanHef Ranks

Read price conditions with Ranks.

Ranks are numbers showing overbought or oversold strength. Extreme triangles mark the strongest readings so far in the loaded history.

Pricing & accessRanks guide

One subscription includes Ranks and Screener. You can also request a 30-day trial.

Full Ranks descriptionView on TradingView

READING THE SCALE

−Oversold
0Neutral
+Overbought

Farther from zero means a stronger reading, not a more certain reversal.

How to read Ranks.

  1. Read the value

    Its sign shows overbought or oversold conditions. Distance from zero shows reading strength, not reversal certainty.

  2. Check the history

    Occurrence counts show how often each reading appeared. Bar Coverage shows how much data was evaluated.

  3. Compare or monitor

    Compare up to two other timeframes, or set TradingView alerts for conditions you choose.

Use your own analysis and risk limits before acting. History and settings reference

How Rank size adds context

Read Rank sizes alongside price.

Match the price candles above with the Rank bars below. Positive Ranks show overbought conditions; negative Ranks show oversold conditions. Taller bars show stronger readings.

Selected synthetic example

Small −+±1 to ±3Short-term context.

Medium −+±4 to ±5Medium-term context.

Large −++6 or higher
−6 or lowerLonger-term context.

Time scale depends on your chart timeframe and settings. No bar means 0 (neutral). Ranks show conditions, not confirmed reversals.

Full colour and settings reference.

Synthetic price example. Ranks calculated using TanHef Ranks. Not live market data or a forecast.

Extremes in context

Understand Extreme triangles.

Extreme triangles mark the strongest overbought or oversold readings so far in the loaded history. Equal-strength readings can also qualify.

  • Bars show Rank strengthPositive is overbought. Negative is oversold. Read strength from the bars, not triangle height.
  • Triangles mark historical ExtremesThe same candle is marked in both panes.

A and C mark the first Extreme triangles in these examples. B and D mark later price moves. Gold letters and highlights are added explanations, not indicator signals. Every qualifying triangle is shown.

The dashed ±4 and ±6 lines mark Medium and Large Rank strength, not Extreme thresholds. Blank Rank positions mean 0.

Overbought Extreme example

SPY · 4-hour candles · to (UTC)

Strongest overbought Rank before this example: +5

Triangle close-up at A

Same 17 candles around A, shown larger. Price scale fits this closer view; the full chart above keeps the wider context. Dates use UTC.

A First Extreme in this example +5The first triangle in this view appeared on January 12. Price continued higher before reaching the January 26 peak and turning down.

B Later price declineAfter the January 26 peak, price declined to B, below the price at A. Brief rebounds remained visible along the way.

Selected historical example. Not live market data or a forecast.

Price data exported from TradingView. Custom TanHef illustration.

Oversold Extreme example

SPY · 4-hour candles · to (UTC)

Strongest oversold Rank before this example: −6

Triangle close-up at C

Same 17 candles around C, shown larger. Price scale fits this closer view; the full chart above keeps the wider context. Dates use UTC.

C First Extreme in this example −6C marked the first −6 Extreme in this example. One candle later, a −7 Extreme appeared at the lowest price shown.

D Later price recoveryPrice came close to that low again before recovering to D, well above C. Later pullbacks remained visible.

Selected historical example. Not live market data or a forecast.

Price data exported from TradingView. Custom TanHef illustration.

These SPY examples use default Chart Extreme flags and the 24H session selection. Available overnight data varies by date.

An Extreme does not have to be Large: the +5 triangles match the earlier overbought record of +5. These examples were selected afterward; they do not show how often Extremes lead to reversals. Learn about loaded-history Extremes.

More chart context

History and timeframes.

Loaded history can vary by symbol, timeframe, and available TradingView data. Bar Coverage reference

What can change

Live and historical readings.

Open bars

Values on an active bar may change as price and timeframe data update. Alert timing depends on the frequency you select.

Closed bars

Closed Chart-bar results should remain stable when the symbol, timeframe, session, settings, data, and loaded history stay the same.

Loaded history

Occurrence counts and historical extremes depend on available TradingView history. Different history or revised data can change older comparisons.

Included with access

Access includes Ranks and Screener.

Subscribe directly or request an optional 30-day trial.

Pricing & accessRequest a 30-day trial