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Miha Kralj
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# RAVI: Chande Range Action Verification Index
| Property | Value |
| ---------------- | -------------------------------- |
| **Category** | Dynamic |
| **Inputs** | Source (close) |
| **Parameters** | `shortPeriod` (default 7), `longPeriod` (default 65) |
| **Outputs** | Single series (Ravi) |
| **Output range** | Varies (see docs) |
| **Warmup** | 1 bar |
### TL;DR
- RAVI (Range Action Verification Index) measures trend strength by computing the absolute percentage divergence between a short-period SMA and a lon...
- Parameterized by `shortperiod` (default 7), `longperiod` (default 65).
- Output range: Varies (see docs).
- Requires 1 bar of warmup before first valid output (IsHot = true).
- Validated against TA-Lib, Skender, and Tulip reference implementations where available.
> "The simplest question in technical analysis is also the most important: is this market trending or not? RAVI answers it with two moving averages and a division."
RAVI (Range Action Verification Index) measures trend strength by computing the absolute percentage divergence between a short-period SMA and a long-period SMA. Created by Tushar Chande and published in *Beyond Technical Analysis* (Wiley, 2001), the indicator classifies markets into trending (RAVI > 3%) and ranging (RAVI < 3%) regimes using a single threshold. With default parameters (short=7, long=65), RAVI requires 65 bars of warmup for the first valid reading. The core computation is three operations per bar in streaming mode: two running-sum updates and one division. No square roots, no exponentials, no recursion. The entire indicator reduces to normalized SMA spread, making it one of the cheapest dynamics classifiers available.