Beary
simpler terms, when the market begins to experience an upward movement, this indicator
provides insights into potential points of resistance. Its name itself implies that when the market
reaches this band, it could be an opportunity to consider selling in the market.
Additionally, when the market enters the selling zone, basic candlestick patterns can be
employed to make informed decisions when entering the market.
As indicated by the yellow arrow in the image, whenever a candle in a rising market surpasses
and closes above this specific band, it indicates substantial buying activity within that segment.
In essence, this indicative AI enables us to leverage both selling and buying advantages based
on the prevailing market conditions.
The recommended time frame for optimal utilization is 30 minutes and beyond. No specific
rules, simply trade on signals.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TradeBoxPremium 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
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TradeBoxPremium 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
Warning: please read our guide for invite-only scripts before requesting access.