FTB-C000415 / Financial concept

Range-Position Oscillator

Range-Position Oscillator expresses a value's location relative to declared lower and upper bounds.

Also known asrange-location measure

Definitions

In plain terms

Stochastic percent K and Williams percent R are differently shifted and signed expressions of the same close location.

Technical

The measure freezes bounds, value, scale, zero-width policy, inclusivity, window, timestamps, and missing data.

Scope

Range position is not the probability that price will move in either direction.

Examples

  • A governed lesson calculates or identifies Range-Position Oscillator only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • Range position is not the probability that price will move in either direction.

Concept relationships

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D07-F03-A02 Important
  • D07-F03-A04 Important

Evidence and governance

  1. Stochastic Oscillator Slow TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: Moving-average types, zero-range policy, and first-ready indexes can differ across implementations.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.