coinobsalgos

Relative Breadth Index

RBI is an intricate oscillator that calculates relative breadth of an asset according to its trend. If you want to detect reversals, continuations, trend strength, divergences, and confirm other signals, read on.

Relative Breadth Index has 4 main components:
  • Fast (White), Medium (Green), and Slow (Red) Oscillators
  • Overbought and Oversold Thresholds (Shaded Areas)
  • Pulse (Yellow)
  • Divergence Indicator (Rectangles)

How does it work?
  • The Medium and Slow Oscillators indicate the general trend.
  • The Fast Oscillator shows what price action is doing in reference to that trend.
  • Pulse suggests the probability that the current move (Fast) is an end of the trend defined by the Medium and Slow lines.
  • The Divergence Indicator also suggests a reversal and to look for divergences between the Fast line and price action.

What are the signals?
  • In general: green signals are bullish , red are bullish
  • Rectangles: Look for a divergence
  • Circles: Sell and buy signals
  • Triangles: Stronger sell and buy signals
  • Triangles: Reversal signal

What about the Pulse?
  • If Pulse is low, a signal may only be a short-lived move.
  • If Pulse is high, a signal may be a full-on trend reversal.



For access, please DM us or visit the link below in our Signature.
Release Notes: You can now set alerts off RBI signals.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact coinobsalgos for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.

Thanks for checking us out!

For access to our TradingView scripts, visit us at http://coinobservatory.com/algos/?utm_source=tradingview&utm_medium=signature

Comments

Please may I have access to this Indicator please??

Thanks a lot....
Reply
hi. i confirmed my email. can i get a trial access. thank you sir
Reply
Hi there, this looks great. Is it still available to try please? I've signed up for a trial on your website, anything else I need to do as I've not ha d a response.

I see it's not been updated for almost a year, are you still managing these indicators?

thanks
Reply
hi can i pleasetrythischeerw
Reply
I would like permission
Reply
Dear George,
i tried to contact you via e-mail, at your web-site, no response.
Please advise how i can unsubscribe of the indicator RBI. I do not want to extend it. I was charged today for another month, so after it PLEASE CANCEL MY SUBSCRIPTION.
thank you
Reply
Comment removed.
@Salyabim,
Hey Salyabim,
We're processing you a refund, sorry for missing the previous email.
Enjoy RBI on us through August 15th

Sorry for the inconvenience
Reply
Good morning, i filled out the form for free 7 day trial confirmed my e-mail but unfortunately the access is not granted and indicator does not work. Thank u!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter