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.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.