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Ivan Hudec
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Support/Resistance Percent Rank SR Percent Rank helps to see how many times the current close price has been in the past price range. SR Percent makes a loop over x bars into the past and calculates the percentage of times the current closing price has been between the high and the low price in the x bars before that. So we can determine if the current price is moving at supports or resistance that was formed in the past. I use the indicator when creating strategies with the