TanHef Ranks

Read price conditions with Ranks.

Ranks show overbought and oversold strength. Farther from zero means a stronger reading.

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

SPY · 1h · RTH session · April 3–10, 2025. Custom TanHef chart from historical TradingView readings. Not live data or a forecast.

− Oversold0 Neutral+ Overbought

Blank positions had no plotted Rank. Ranks show conditions, not confirmed reversals.

How Rank size adds context

Read Rank sizes alongside price.

Taller bars show stronger readings.

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

Small −+±1 to ±3Short-term context.

Medium −+±4 to ±5Medium-term context.

Large −++6 or higher
−6 or lower
Longer-term context.

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

Extremes in context

Understand Extreme triangles.

Extreme triangles mark each direction’s strongest readings so far in loaded history. Equal readings can also qualify.

  • Bars show Rank strengthRead strength from the bars, not triangle height.
  • Triangles mark ExtremesThe same candle is marked in both panes.

A and C mark Extreme triangles; B and D mark later price moves. Gold labels are teaching additions, not indicator signals.

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

Price can continue beyond an Extreme. These selected examples do not establish reversal reliability.

Overbought Extreme example

SPY · 4h · 24H session · December 29, 2017–February 15, 2018 (UTC). Custom TanHef chart from historical TradingView readings. Not live data or a forecast.

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 +5Price continued higher before the later peak.

B Later price declinePrice later declined below A.

Oversold Extreme example

SPY · 4h · 24H session · March 20–April 22, 2025 (UTC). Custom TanHef chart from historical TradingView readings. Not live data or a forecast.

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 Extreme at the lowest price −7The earlier −6 bar has no triangle.

D Later price recoveryPrice later recovered, with pullbacks along the way.

Session and marker details

These SPY examples use the 24H session selection; available overnight data varies by date. The April triangle follows the checked publication view with more loaded history: only −7 is marked. The earlier export marked both −6 and −7. An Extreme does not have to be Large: the +5 triangles match the earlier overbought record of +5. Loaded-history Extreme reference.

More chart context

History, timeframes and live bars.

History

Occurrence counts show how often readings appeared. Bar Coverage shows how much history was evaluated; different history or revised data can change older results.

History reference

Live bars

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

Live-bar reference

Included with access

Access includes Ranks and Screener.

Subscribe directly or request an optional 30-day trial.