Ratio Range Bands 20D HH/LL

A momentum-based rotation indicator designed for the NIFTYBEES/GOLDBEES
ratio chart (Daily timeframe). It tracks the 20-day Highest High and
Lowest Low to generate clean, non-repeating buy/rotate signals.
─── HOW IT WORKS ───────────────────────────────────────────
When the ratio closes ABOVE the 20-day Highest High:
→ BUY NIFTYBEES (equities outperforming gold)
When the ratio closes BELOW the 20-day Lowest Low:
→ SELL NIFTYBEES and BUY GOLDBEES (gold outperforming equities)
─── SIGNAL FILTER (STATE MACHINE) ──────────────────────────
The indicator tracks your current position state:
● IN NIFTYBEES — will only signal next when rotation to Gold triggers
● IN GOLDBEES — will only signal next when rotation to Nifty triggers
● NEUTRAL — fresh start, responds to whichever breaks first
This prevents duplicate signals — once you are in a position,
the same signal will NOT fire again until the opposite one triggers.
─── VISUAL FEATURES ────────────────────────
ratio chart (Daily timeframe). It tracks the 20-day Highest High and
Lowest Low to generate clean, non-repeating buy/rotate signals.
─── HOW IT WORKS ───────────────────────────────────────────
When the ratio closes ABOVE the 20-day Highest High:
→ BUY NIFTYBEES (equities outperforming gold)
When the ratio closes BELOW the 20-day Lowest Low:
→ SELL NIFTYBEES and BUY GOLDBEES (gold outperforming equities)
─── SIGNAL FILTER (STATE MACHINE) ──────────────────────────
The indicator tracks your current position state:
● IN NIFTYBEES — will only signal next when rotation to Gold triggers
● IN GOLDBEES — will only signal next when rotation to Nifty triggers
● NEUTRAL — fresh start, responds to whichever breaks first
This prevents duplicate signals — once you are in a position,
the same signal will NOT fire again until the opposite one triggers.
─── VISUAL FEATURES ────────────────────────
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.