The Bravo Kit

Features of the Bravo Suite
Bravo Candles
These candles provide a unique way of visualizing price action by color-coding the candles based on their angle relative to the past price. Users have the option to enable or disable the Bravo Candles theme.
As shown below purple shades start to appear when price is overextended - leveraging the trend angle calculation:
Bravo Sequential
The Bravo Sequential system is a unique take on the traditional 9 count system that aims to identify potential trend exhaustion points. The major difference in the Bravo Sequential is that it uses the trend angle once again, instead of the generic method of counting candlesticks. By incorporating trend angle, it can potentially provide better insights into the momentum behind the current price trend and identify trend exhaustion points more effectively.
This approach allows the Bravo Sequential system to take into account not only the number of consecutive price increases or decreases but also the strength of these movements. Consequently, it can provide a more accurate depiction of the underlying trend, especially if the momentum of the price action is changing.
While the traditional 9 count system only counts the number of sequential candles based on consecutive higher or lower closes, the Bravo Sequential system uses the angle of the trend to identify if the trend is losing strength. It displays a 9 count when it detects a possible trend exhaustion point, accompanied by an optional label for better visibility on the chart.
+ Icons are also produced at the custom 9 count levels making it clearer to see these potential exhaustion zones.
Bravo Fibonacci Bands
The Bravo Fibonacci Bands are an advanced and innovative feature of the Bravo Suite, specifically designed to offer a more precise and dynamic price channel using a custom blend of Fibonacci numbers and weighted averages. This powerful combination allows traders to observe potential support and resistance levels, providing valuable insights into market direction and price movements.
Fibonacci numbers are a well-known and incredibly important concept in mathematics, with various applications in trading and technical analysis.
The Bravo Suite harnesses the power of Fibonacci numbers in the Bravo Fibonacci Bands by building a custom low lag weighted average from the input length. This is achieved by applying the metallic mean (also known as the "golden mean" or "silver mean") to the input series. By leveraging Fibonacci numbers in this manner, the weighted average effectively shifts more weight to the most recent values, emphasizing the importance of the current market trend.
The Bravo Fibonacci Bands dynamically adjust to the ever-changing market conditions, offering the trader an powerful level of precision in identifying crucial price levels. This approach blends the best of both worlds.
The end result is a reliable, easy-to-read price channel that gives traders the confidence to make informed decisions no matter what the market throws their way.
Moving Averages
The Bravo 9 Moving Average is included in the suite, alongside other useful Moving Averages for various timeframes, such as 200-day Moving Average, and 200-week Moving Average. Traders can toggle the visibility of each Moving Average. These are custom designed lower lag moving averages designed as assistive and supporting features in the toolkit.
Skrip jemputan sahaja
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Penafian
Skrip jemputan sahaja
Hanya pengguna yang diluluskan oleh penulis boleh mengakses skrip ini. Anda perlu memohon dan mendapatkan kebenaran untuk menggunakannya. Ini selalunya diberikan selepas pembayaran. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi terus ChartPrime.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.