Percentile Close Position Oscillator (PCPO)
by Rocco Ferrante-Salis · updated 7/24/2026
Ranks the current close within the recent closes over a user-defined lookback window, outputting a percentile from 0 to 100. Values near 0 indicate the close is at the low extreme of recent distribution (potential support/oversold), near 100 indicate the high extreme (potential resistance/overbought). Useful for intraday Forex on 5m-30m timeframes during London and New York sessions.
Open sourcepercentileclose positionoscillator
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