OPEN-SOURCE SCRIPT
RBT strategy
This indicator is based on formation of Candles.
On every timeframe, working of this indicator is same. Not really dependable on any specific Timeframe.
It worked more accurately if you trade along with Trend in Higher Time Frame
It worked sharply if you use it for entry confirmation
Specific Pairs for more Accuracy :
XAUUSD, 
BTCUSD, 
EURUSD, and Major currency pairs...
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.