Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Price source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Short period | 10 | 2 to 500 |
| Middle period | 30 | 2 to 500 |
| Long period | 50 | 2 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Short RCI | Percent | Line | after 10 candles |
| Middle RCI | Percent | Line | after 30 candles |
| Long RCI | Percent | Line | after 50 candles |
Calculation notes
- Three rank correlation lines between price order and time order over short, middle and long windows of the same price history. Equal prices share an average rank; a window of identical prices leaves a gap.
Questions
What are the default settings of RCI Ribbon?
The defaults are Price source: Close, Short period: 10, Middle period: 30, Long period: 50. You can change every setting on the live chart.
Can I use RCI Ribbon for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.