OPEN-SOURCE SCRIPT
RONBO Bitcoin Cycle Roadmap Pro
**RONBO Bitcoin Cycle Roadmap Pro – Parameter Explanation**
This indicator is designed to visualize historical-style Bitcoin market cycles by dividing price action into Bear Market, Bull Market, and Final Top phases using configurable time periods.
### Parameters
**Bear Market Start**
Defines the starting date of a new market cycle. From this point, the indicator begins calculating the Bear and Bull phases.
**Bear Market Duration (days)**
Number of days considered to belong to the Bear Market phase after the selected start date.
**Bull Market Duration (days)**
Number of days assigned to the Bull Market phase following the Bear Market period.
**Show Background**
Enables or disables colored background zones that highlight the active market phase.
**Show Cycle Bar**
Displays a simplified market-state bar at the bottom of the chart:
* Red = Bear Market
* Green = Bull Market
* Gray = Outside cycle period
**Bear Transparency**
Controls how transparent the Bear Market background appears.
**Bull Transparency**
Controls how transparent the Bull Market background appears.
**Top Transparency**
Controls the transparency of the final market-top warning zone.
### Market Phases
**Bear Market (Red)**
Represents the accumulation and recovery phase after a market peak.
**Bull Market (Green)**
Represents the expansion phase where price historically trends upward.
**Top Window (Orange)**
Highlights the final portion of the Bull Market cycle, indicating an area where historical cycle tops may occur.
### Alerts
**Bull Start Alert**
Triggers when the market transitions from Bear phase into Bull phase.
**Top Window Alert**
Triggers while the market enters the historical top zone.
**Disclaimer:**
This indicator is based on historical cycle assumptions and time-based projections only. It does not predict future market movements and should not be used as financial advice.
This indicator is designed to visualize historical-style Bitcoin market cycles by dividing price action into Bear Market, Bull Market, and Final Top phases using configurable time periods.
### Parameters
**Bear Market Start**
Defines the starting date of a new market cycle. From this point, the indicator begins calculating the Bear and Bull phases.
**Bear Market Duration (days)**
Number of days considered to belong to the Bear Market phase after the selected start date.
**Bull Market Duration (days)**
Number of days assigned to the Bull Market phase following the Bear Market period.
**Show Background**
Enables or disables colored background zones that highlight the active market phase.
**Show Cycle Bar**
Displays a simplified market-state bar at the bottom of the chart:
* Red = Bear Market
* Green = Bull Market
* Gray = Outside cycle period
**Bear Transparency**
Controls how transparent the Bear Market background appears.
**Bull Transparency**
Controls how transparent the Bull Market background appears.
**Top Transparency**
Controls the transparency of the final market-top warning zone.
### Market Phases
**Bear Market (Red)**
Represents the accumulation and recovery phase after a market peak.
**Bull Market (Green)**
Represents the expansion phase where price historically trends upward.
**Top Window (Orange)**
Highlights the final portion of the Bull Market cycle, indicating an area where historical cycle tops may occur.
### Alerts
**Bull Start Alert**
Triggers when the market transitions from Bear phase into Bull phase.
**Top Window Alert**
Triggers while the market enters the historical top zone.
**Disclaimer:**
This indicator is based on historical cycle assumptions and time-based projections only. It does not predict future market movements and should not be used as financial advice.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.