INVITE-ONLY SCRIPT

Rokcet BB Generator

Updated
Hello Traders!

The indicator uses RSI levels and normal floor trader pivots to find exit and entry points.

In the indicator options you can choose the indicator from pull-down menu.


How it works?

- Checks if two consecutive candles are bullish/bearish.
- Looks for RSI oversold /overbought conditions.
- Initates a buy /sellorder .
- Stop loss can be places under the low/high of the candle before the trigger candle for long and short orders respectively.
- targets can be daily pivot points

P.S. Use it on a 5 min candle chart for best results.
Release Notes
Update: Better Entry point identification and risk management. Better Stop losses and filters many bad trades.
pivotPivot PointsRelative Strength Index (RSI)

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 tycoom_trading for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless 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 Community Scripts.

Author's instructions

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer