RichBomb Tool/Indicator

This is a customized strategy by RichTL indicator.

RichBomb helps traders catch explosive movements in the market.

RichBomb color the dots/diamonds by orange when at least three RichTL dots/diamonds come very close to each other forming a small range.

We usually on the break of the RichBomb range upward or downward. Stop Loss goes on the last major swing from the other side, and we target a 2/1 Reward/Risk Ratio.

RichBomb is not a stand-alone strategy, but acts as one confluence in your trading plan.

For example, if the price is sitting around resistance, we would be only interested in selling on the RichBomb range breakout downward, not upward.

RichBomb works on all instruments (Forex, Crypto, Index, Stock, Commodity...) and all Timeframes.

Good Luck!

Release Notes

Use the link below to obtain access to this indicator.

Release Notes

In this version, we updated RichBomb to become faster / more sensitive, thus plotting more diamonds and providing more setups.

The strategy rules remain the same.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TheSignalyst directly.

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

Use the link below to obtain access to this indicator. Or thought RichTL official website: http://www.RichTL.com

Warning: please read our guide for invite-only scripts before requesting access.

TheSignalyst

Trade Made Simple
RichTL.com

Telegram
t.me/thesignalyst

CFD broker - Tickmill
cutt.ly/TickmillReal

Veles - Create Trading Bots
veles.finance/invite/thesignalyst

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Disclaimer

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