R5
R5 works by projecting price cycles and validating them with specific "Rule-based" price action. It simplifies complex market structures into easy-to-follow visual cues.
1. The "Equilibrium Path"
The Concept: The blue line represents the market's "Equilibrium Path" based on a specific time period.
The Signal: Trading above the path confirms a breakout from the average cycle. Trading below suggests the cycle has peaked and is now in a cooling phase.
2. Primary Trade Signals (Triangles)
R5 automatically plots small triangles to indicate immediate cycle changes:
Green Triangle (Up): A "Buy" signal indicating price has successfully crossed over the cycle baseline.
Red Triangle (Down): A "Sell" signal indicating price has dropped below the cycle baseline.
3. Structural Confirmation (Circles)
To ensure you aren't caught in a "fake-out," R5 includes a secondary confirmation layer based on price highs and lows:
Bullish Circle: Appears when the market makes a higher high and higher low, with the candle closing above the previous peak. This confirms the trend has structural support.
Bearish Circle: Appears when the market makes a lower high and lower low, with the candle closing below the previous trough. This confirms structural weakness.
4. How to Trade with R5
The Perfect Entry: Look for alignment. An ideal long entry occurs when you see a Green Triangle followed quickly by a Bullish Circle.
Trend Following: Once a signal is active, the indicator remains in that "Trade State" until an opposing signal appears, helping you stay in winning trades longer.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact sunya directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact sunya directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.