Ever wondered if today's market move is genuinely wild, or just... Tuesday being Tuesday? π€
We've all been there β staring at indicators, trying to figure out if that spike is actually significant or if we're just seeing patterns in the noise. That's exactly why we built Indicator Percentile, our latest feature that puts everything in perspective.
Here's the magic:
Instead of comparing to arbitrary thresholds, you can now see exactly where any indicator ranks against its own history. Pretty neat, right?Momentum trader?
πLove buying at peaks? (No judgment β momentum is momentum!) Use percentile ranking to spot when SPY hits its 200-day high and ride that wave:
Contrarian at heart?
πPrefer catching those oversold bounces? Instead of hoping RSI 30 means what you think it means, let percentile ranking show you when RSI is truly in rare territory compared to its own history:
We've also enhanced our Indicator Visualization to display percentile data when relevant:
Perfect for fine-tuning your percentile thresholds based on actual historical patterns!
The best part? This feature plays beautifully with everything else in QuantMage. Mix, match, and create strategies that actually make sense for your trading style. Because at the end of the day, the best edge is the one you understand and trust. πͺ
Happy trading, quants! π―