Reach Back Index
.RBI — Reach Back Index.
RBI (Reach Back Index) is a streamlined confluence indicator designed to help traders read the Reach Back rather than rely on a single buy or sell signal.
RBI combines three components into one clean oscillator:
FTDZ — Main Line: The primary directional and turning-behavior component.
Ultimate RSI — Signal Line: Acts like an EMA-style confirmation line, helping identify whether momentum is supporting the FTDZ movement.
Reach Back Wave — Timing Dots: Uses the original WaveTrend dot logic to highlight significant bullish and bearish momentum shifts. Blue dots represent bullish signals from oversold conditions, while red dots represent bearish signals from overbought conditions.
RBI Philosophy
RBI is built around the idea that a Reach Back should be evaluated as a process, not simply an entry signal.
FTDZ → Momentum → WaveTrend Timing
The indicator is designed to help traders answer:
“Is this Reach Back developing, confirming, weakening, or potentially changing direction?”
RBI intentionally avoids excessive signals, arrows, and overlapping indicators. It focuses on clarity, confluence, and timing.
RBI Read the Reach Back.
RBI (Reach Back Index) is a streamlined confluence indicator designed to help traders read the Reach Back rather than rely on a single buy or sell signal.
RBI combines three components into one clean oscillator:
FTDZ — Main Line: The primary directional and turning-behavior component.
Ultimate RSI — Signal Line: Acts like an EMA-style confirmation line, helping identify whether momentum is supporting the FTDZ movement.
Reach Back Wave — Timing Dots: Uses the original WaveTrend dot logic to highlight significant bullish and bearish momentum shifts. Blue dots represent bullish signals from oversold conditions, while red dots represent bearish signals from overbought conditions.
RBI Philosophy
RBI is built around the idea that a Reach Back should be evaluated as a process, not simply an entry signal.
FTDZ → Momentum → WaveTrend Timing
The indicator is designed to help traders answer:
“Is this Reach Back developing, confirming, weakening, or potentially changing direction?”
RBI intentionally avoids excessive signals, arrows, and overlapping indicators. It focuses on clarity, confluence, and timing.
RBI Read the Reach Back.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.