OPEN-SOURCE SCRIPT
HARSI+CBC
Short Description :
An advanced hybrid oscillator combining Heikin Ashi RSI (HARSI) candles with the CBC Flip trend tracking logic.
Long Description:
Overview
This experimental hybrid oscillator bridges two powerful concepts into a single sub-window (overlay = false) indicator: Heikin Ashi RSI Candles (HARSI) by JayRogers and the CBC Flip trend engine by friksa & @AsiaRoo. It is fully optimized and updated to Pine Script v6.
How It Works & Core Features:
HARSI Candles: Instead of standard price data, it converts the Relative Strength Index (RSI) into a zero-median Heikin Ashi candlestick structure. This filters out the internal noise of RSI movements, offering a highly readable view of momentum direction, overbought (OB), and oversold (OS) conditions.
CBC Flip Integration: The CBC Flip logic tracks the price action on the main chart and is layered into this oscillator in two clean visual ways:
Dynamic Background: Shifts color dynamically based on structural market control (Bullish/Bearish transitions).
Signal Shapes: Plots direct Triangle Up (Bulls) and Triangle Down (Bears) markers right on the HARSI candles when a momentum flip is confirmed.
Stochastic RSI Overlay: Optionally includes a scalable Stochastic RSI ribbon to gauge extreme exhaustion points within the channel.
How to Trade with It:
Trend & Momentum Alignment: Look for periods where the HARSI candles match the color of the CBC Flip background. Green candles during a Yellow background signify strong bullish continuation.
Flips & Reversals: Triangle shapes mark key technical turning points based on historical candle extremes.
OB/OS Extremes: The indicator oscillates around a zero-median line. The custom boundary channels highlight institutional overbought and oversold thresholds.
An advanced hybrid oscillator combining Heikin Ashi RSI (HARSI) candles with the CBC Flip trend tracking logic.
Long Description:
Overview
This experimental hybrid oscillator bridges two powerful concepts into a single sub-window (overlay = false) indicator: Heikin Ashi RSI Candles (HARSI) by JayRogers and the CBC Flip trend engine by friksa & @AsiaRoo. It is fully optimized and updated to Pine Script v6.
How It Works & Core Features:
HARSI Candles: Instead of standard price data, it converts the Relative Strength Index (RSI) into a zero-median Heikin Ashi candlestick structure. This filters out the internal noise of RSI movements, offering a highly readable view of momentum direction, overbought (OB), and oversold (OS) conditions.
CBC Flip Integration: The CBC Flip logic tracks the price action on the main chart and is layered into this oscillator in two clean visual ways:
Dynamic Background: Shifts color dynamically based on structural market control (Bullish/Bearish transitions).
Signal Shapes: Plots direct Triangle Up (Bulls) and Triangle Down (Bears) markers right on the HARSI candles when a momentum flip is confirmed.
Stochastic RSI Overlay: Optionally includes a scalable Stochastic RSI ribbon to gauge extreme exhaustion points within the channel.
How to Trade with It:
Trend & Momentum Alignment: Look for periods where the HARSI candles match the color of the CBC Flip background. Green candles during a Yellow background signify strong bullish continuation.
Flips & Reversals: Triangle shapes mark key technical turning points based on historical candle extremes.
OB/OS Extremes: The indicator oscillates around a zero-median line. The custom boundary channels highlight institutional overbought and oversold thresholds.
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.
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.
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.