RBI and GBI Strategy — Indicator by Belliez

candlestickanalysis chartpatterns olivervelez gbi rbi

This script is based on Dreadblitz original script but translated into English. It an indicator for Oliver Velez's Red Bar Ignored / Green Bar Ignored strategy.

Release Notes:

title changed

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changed break even colour to make it clearer against take profit

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Converted to Pinescript v5
Single Alert for both RBI and GBI condition (no need to create 2 alerts per ticker!)
Time included n the single line
Reset some defaults

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Updated Discord alert to show timestamp

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Refeactored code.

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Option to send alerts as JSON (discord) or plain text

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Changed default values to not show MAs

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Alerts bug fixed

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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