This Indicator is mainly based on Price action and it will give buy and sell signals.

it works beautifully across all segments like Equity, Commodity, Forex with all time frames, best time frame is 15mnts, 5mnts, 3mnts.

Whenever ROBINHOOD (signal line) turns into GREEN from RED, its an opportunity to buy, whenever it turns into RED from GREEN, its a sell opportunity, for the better entry, buy entry should be at swing low, which is marked in green horizontal lines, sell/short entry at swing high which is red horizontal line.
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 TradersCompass 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.


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.

Want to use this script on a chart?

Warning: please read before requesting access.