OPEN-SOURCE SCRIPT
Tokyo Rules v6
Tokyo Rules [Rob Booker] v6
Description
Tokyo Rules is a market regime identification system based on Rob Booker's original "Arizona Rules" methodology, re-imagined with Tokyo district names that intuitively reflect each phase of market behavior.
The core idea is simple but powerful: **before deciding how to trade, first decide where you are.** The indicator reads the relationship between three moving averages (EMA 62, SMA 200, SMA 800) to classify the market into one of four phases — each named after a distinct Tokyo district that mirrors its character.
🟡 Ginza — Range Phase
The market is quiet, polished, and going nowhere fast.
EMA 62 is sandwiched between SMA 200 and SMA 800. No clear trend exists. Like Ginza on a slow afternoon — elegant but still. Trade both bullish and bearish MACD divergences; target the nearest moving average.
🔵 Shinagawa — Trend Start Phase
The train is leaving the station.
EMA 62 has crossed SMA 800, but SMA 200 has not yet followed. A new trend is emerging. Like Shinagawa Station — the departure point of the Shinkansen. Trade divergences aligned with the emerging trend direction only; target EMA 62 or SMA 800.
🟢 Shibuya — Trend Continuation Phase
Full energy. All signals aligned.
All three moving averages are fully stacked in order (EMA 62 > SMA 200 > SMA 800 for bullish, or the reverse for bearish). Like Shibuya Scramble Crossing at peak hour — maximum momentum. Trade breakouts or pullback divergences in the trend direction; target SMA 800.
🔴 Roppongi — Chaos Phase
No clear direction. Stay out.
Moving averages are tangled and contradictory. Like Roppongi at 3am — exciting but dangerous. This is a no-trade zone. Step back, drop to a lower timeframe, and look for a Ginza phase there instead.
Divergence Detection
The indicator automatically detects MACD divergences against price pivot highs and lows:
- Bullish Divergence — Price makes a lower low while MACD makes a higher low → potential long opportunity
- Bearish Divergence — Price makes a higher high while MACD makes a lower high → potential short opportunity
Divergence signals are filtered by phase — only signals appropriate to the current market context are shown, reducing noise significantly.
A Stochastic oscillator (9-3-3) provides a second confirmation layer. BUY/SELL triangle markers appear only when both divergence and Stochastic overbought/oversold conditions align simultaneously.
Indicators Used
| Indicator | Settings | Role |
|---|---|---|
| EMA | 62 | Short-term trend & phase pivot |
| SMA | 200 | Mid-term trend reference |
| SMA | 800 | Long-term trend anchor |
| MACD | 12-26-9 | Divergence detection |
| Stochastic | 9-3-3 | Entry confirmation |
Visual Features
- Background color changes with each phase for instant recognition
- Phase labels appear on the chart at every phase transition
- Divergence lines drawn directly on price with phase name tags
- Info table (top-right) shows current phase, direction, MA values, and Stoch %K in real time
- 3 built-in alerts: Bullish Divergence, Bearish Divergence, Phase Change
Recommended Usage
- Timeframe: 1H (primary), 15M (secondary / drill-down from Roppongi phase)
- Markets: Forex, indices, crypto — any liquid instrument with sufficient history for SMA 800
- Note: SMA 800 requires at least 800 bars of history. Use a timeframe and symbol with sufficient data loaded.
Settings
All parameters are fully adjustable via the Inputs panel:
- MA periods (EMA 62 / SMA 200 / SMA 800)
- MACD settings (Fast / Slow / Signal)
- Divergence pivot sensitivity (Left / Right bars)
- Stochastic settings and OB/OS thresholds
- Display toggles (background, MAs, labels, divergence lines)
Credits
Original concept: Rob Booker — "The Arizona Rules" (2007)
Tokyo district adaptation & Pine Script v6 implementation by the author.
This indicator is a creative reinterpretation of Rob Booker's market phase framework. The underlying logic is faithful to the original methodology; only the naming convention has been adapted.
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always apply your own risk management.
Description
Tokyo Rules is a market regime identification system based on Rob Booker's original "Arizona Rules" methodology, re-imagined with Tokyo district names that intuitively reflect each phase of market behavior.
The core idea is simple but powerful: **before deciding how to trade, first decide where you are.** The indicator reads the relationship between three moving averages (EMA 62, SMA 200, SMA 800) to classify the market into one of four phases — each named after a distinct Tokyo district that mirrors its character.
🟡 Ginza — Range Phase
The market is quiet, polished, and going nowhere fast.
EMA 62 is sandwiched between SMA 200 and SMA 800. No clear trend exists. Like Ginza on a slow afternoon — elegant but still. Trade both bullish and bearish MACD divergences; target the nearest moving average.
🔵 Shinagawa — Trend Start Phase
The train is leaving the station.
EMA 62 has crossed SMA 800, but SMA 200 has not yet followed. A new trend is emerging. Like Shinagawa Station — the departure point of the Shinkansen. Trade divergences aligned with the emerging trend direction only; target EMA 62 or SMA 800.
🟢 Shibuya — Trend Continuation Phase
Full energy. All signals aligned.
All three moving averages are fully stacked in order (EMA 62 > SMA 200 > SMA 800 for bullish, or the reverse for bearish). Like Shibuya Scramble Crossing at peak hour — maximum momentum. Trade breakouts or pullback divergences in the trend direction; target SMA 800.
🔴 Roppongi — Chaos Phase
No clear direction. Stay out.
Moving averages are tangled and contradictory. Like Roppongi at 3am — exciting but dangerous. This is a no-trade zone. Step back, drop to a lower timeframe, and look for a Ginza phase there instead.
Divergence Detection
The indicator automatically detects MACD divergences against price pivot highs and lows:
- Bullish Divergence — Price makes a lower low while MACD makes a higher low → potential long opportunity
- Bearish Divergence — Price makes a higher high while MACD makes a lower high → potential short opportunity
Divergence signals are filtered by phase — only signals appropriate to the current market context are shown, reducing noise significantly.
A Stochastic oscillator (9-3-3) provides a second confirmation layer. BUY/SELL triangle markers appear only when both divergence and Stochastic overbought/oversold conditions align simultaneously.
Indicators Used
| Indicator | Settings | Role |
|---|---|---|
| EMA | 62 | Short-term trend & phase pivot |
| SMA | 200 | Mid-term trend reference |
| SMA | 800 | Long-term trend anchor |
| MACD | 12-26-9 | Divergence detection |
| Stochastic | 9-3-3 | Entry confirmation |
Visual Features
- Background color changes with each phase for instant recognition
- Phase labels appear on the chart at every phase transition
- Divergence lines drawn directly on price with phase name tags
- Info table (top-right) shows current phase, direction, MA values, and Stoch %K in real time
- 3 built-in alerts: Bullish Divergence, Bearish Divergence, Phase Change
Recommended Usage
- Timeframe: 1H (primary), 15M (secondary / drill-down from Roppongi phase)
- Markets: Forex, indices, crypto — any liquid instrument with sufficient history for SMA 800
- Note: SMA 800 requires at least 800 bars of history. Use a timeframe and symbol with sufficient data loaded.
Settings
All parameters are fully adjustable via the Inputs panel:
- MA periods (EMA 62 / SMA 200 / SMA 800)
- MACD settings (Fast / Slow / Signal)
- Divergence pivot sensitivity (Left / Right bars)
- Stochastic settings and OB/OS thresholds
- Display toggles (background, MAs, labels, divergence lines)
Credits
Original concept: Rob Booker — "The Arizona Rules" (2007)
Tokyo district adaptation & Pine Script v6 implementation by the author.
This indicator is a creative reinterpretation of Rob Booker's market phase framework. The underlying logic is faithful to the original methodology; only the naming convention has been adapted.
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always apply your own risk management.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
AIトレード専門家・猫飼い（FX_Shokunin）｜FXノウハウサイト「Tribe FX」運営。
AIを活用した実践的なトレード手法と検証データを専門的に発信しています。テクノロジーで成果を最大化する投資戦略を学びたい方は、ぜひ公式ブログをご覧ください。
AIを活用した実践的なトレード手法と検証データを専門的に発信しています。テクノロジーで成果を最大化する投資戦略を学びたい方は、ぜひ公式ブログをご覧ください。
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
AIトレード専門家・猫飼い（FX_Shokunin）｜FXノウハウサイト「Tribe FX」運営。
AIを活用した実践的なトレード手法と検証データを専門的に発信しています。テクノロジーで成果を最大化する投資戦略を学びたい方は、ぜひ公式ブログをご覧ください。
AIを活用した実践的なトレード手法と検証データを専門的に発信しています。テクノロジーで成果を最大化する投資戦略を学びたい方は、ぜひ公式ブログをご覧ください。
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.