OPEN-SOURCE SCRIPT
HARSI+CBC
Short Description :
An advanced hybrid oscillator combining Heikin Ashi RSI (HARSI) candles with the CBC Flip trend tracking logic.
Long Description:
Overview
This experimental hybrid oscillator bridges two powerful concepts into a single sub-window (overlay = false) indicator: Heikin Ashi RSI Candles (HARSI) by JayRogers and the CBC Flip trend engine by friksa & @AsiaRoo. It is fully optimized and updated to Pine Script v6.
How It Works & Core Features:
HARSI Candles: Instead of standard price data, it converts the Relative Strength Index (RSI) into a zero-median Heikin Ashi candlestick structure. This filters out the internal noise of RSI movements, offering a highly readable view of momentum direction, overbought (OB), and oversold (OS) conditions.
CBC Flip Integration: The CBC Flip logic tracks the price action on the main chart and is layered into this oscillator in two clean visual ways:
Dynamic Background: Shifts color dynamically based on structural market control (Bullish/Bearish transitions).
Signal Shapes: Plots direct Triangle Up (Bulls) and Triangle Down (Bears) markers right on the HARSI candles when a momentum flip is confirmed.
Stochastic RSI Overlay: Optionally includes a scalable Stochastic RSI ribbon to gauge extreme exhaustion points within the channel.
How to Trade with It:
Trend & Momentum Alignment: Look for periods where the HARSI candles match the color of the CBC Flip background. Green candles during a Yellow background signify strong bullish continuation.
Flips & Reversals: Triangle shapes mark key technical turning points based on historical candle extremes.
OB/OS Extremes: The indicator oscillates around a zero-median line. The custom boundary channels highlight institutional overbought and oversold thresholds.
An advanced hybrid oscillator combining Heikin Ashi RSI (HARSI) candles with the CBC Flip trend tracking logic.
Long Description:
Overview
This experimental hybrid oscillator bridges two powerful concepts into a single sub-window (overlay = false) indicator: Heikin Ashi RSI Candles (HARSI) by JayRogers and the CBC Flip trend engine by friksa & @AsiaRoo. It is fully optimized and updated to Pine Script v6.
How It Works & Core Features:
HARSI Candles: Instead of standard price data, it converts the Relative Strength Index (RSI) into a zero-median Heikin Ashi candlestick structure. This filters out the internal noise of RSI movements, offering a highly readable view of momentum direction, overbought (OB), and oversold (OS) conditions.
CBC Flip Integration: The CBC Flip logic tracks the price action on the main chart and is layered into this oscillator in two clean visual ways:
Dynamic Background: Shifts color dynamically based on structural market control (Bullish/Bearish transitions).
Signal Shapes: Plots direct Triangle Up (Bulls) and Triangle Down (Bears) markers right on the HARSI candles when a momentum flip is confirmed.
Stochastic RSI Overlay: Optionally includes a scalable Stochastic RSI ribbon to gauge extreme exhaustion points within the channel.
How to Trade with It:
Trend & Momentum Alignment: Look for periods where the HARSI candles match the color of the CBC Flip background. Green candles during a Yellow background signify strong bullish continuation.
Flips & Reversals: Triangle shapes mark key technical turning points based on historical candle extremes.
OB/OS Extremes: The indicator oscillates around a zero-median line. The custom boundary channels highlight institutional overbought and oversold thresholds.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。