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.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.