percentile_linear_interpolation
Syntax Format
percentile_linear_interpolation(source, period, percentage)
Overview
The percentile_linear_interpolation function calculates percentile using the method of linear interpolation between the two nearest ranks. In simpler words, this function provides the percentile of the given series type over a specified period. This function can be useful to analyze the data range of an asset.
Parameters
| Parameter | Type | Purpose |
|---|---|---|
| source | series | Input series, taken into calculation |
| period | integer | Input period, taken into calculation |
| percentage | numeric | Percentage to select. Must be in the [0,100] range. |
Returns: series.
Example
perc_value = percentile_linear_interpolation(close, 14, 90)