OPEN-SOURCE SCRIPT
RANDI RONE
DISCLAIMER
This indicator is not promoting scalping related activities and give financial advise to buy or sell.
This indicator is made for educational purpose only which gives the idea about the trend based on strength.
This script is provided for educational purposes only and is not intended as financial advice. It serves as a tool for analyzing historical price movements but does not guarantee profitability or predict future price trends. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct thorough research and consult a qualified financial advisor before engaging in trading.
Strategy Explanation
The RANDI RONE indicator combines the Relative Strength Index (RSI) and Bollinger Bands to identify potential trend zones based on customizable timeframes. It highlights these zones on the chart background.
It helps to throw some lights on that area where trend is at early stage.
Customization Options
The script offers flexibility in timeframe selection for RSI and Bollinger Bands and customizable thresholds for both buy and sell conditions. This versatility enables users to adjust settings according to various market conditions or trading styles.
By integrating RSI and Bollinger Bands across multiple timeframes, this indicator is designed to capture significant market movements and offer actionable insights based on price momentum and volatility.
This indicator is not promoting scalping related activities and give financial advise to buy or sell.
This indicator is made for educational purpose only which gives the idea about the trend based on strength.
This script is provided for educational purposes only and is not intended as financial advice. It serves as a tool for analyzing historical price movements but does not guarantee profitability or predict future price trends. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct thorough research and consult a qualified financial advisor before engaging in trading.
Strategy Explanation
The RANDI RONE indicator combines the Relative Strength Index (RSI) and Bollinger Bands to identify potential trend zones based on customizable timeframes. It highlights these zones on the chart background.
It helps to throw some lights on that area where trend is at early stage.
Customization Options
The script offers flexibility in timeframe selection for RSI and Bollinger Bands and customizable thresholds for both buy and sell conditions. This versatility enables users to adjust settings according to various market conditions or trading styles.
By integrating RSI and Bollinger Bands across multiple timeframes, this indicator is designed to capture significant market movements and offer actionable insights based on price momentum and volatility.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。