Ratio Range Bands 20D HH/LL

1 070
A momentum-based rotation indicator designed for the NIFTYBEES/GOLDBEES
ratio chart (Daily timeframe). It tracks the 20-day Highest High and
Lowest Low to generate clean, non-repeating buy/rotate signals.

─── HOW IT WORKS ───────────────────────────────────────────

When the ratio closes ABOVE the 20-day Highest High:
→ BUY NIFTYBEES (equities outperforming gold)

When the ratio closes BELOW the 20-day Lowest Low:
→ SELL NIFTYBEES and BUY GOLDBEES (gold outperforming equities)

─── SIGNAL FILTER (STATE MACHINE) ──────────────────────────

The indicator tracks your current position state:
● IN NIFTYBEES — will only signal next when rotation to Gold triggers
● IN GOLDBEES — will only signal next when rotation to Nifty triggers
● NEUTRAL — fresh start, responds to whichever breaks first

This prevents duplicate signals — once you are in a position,
the same signal will NOT fire again until the opposite one triggers.

─── VISUAL FEATURES ────────────────────────

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.