BayesCore AI Golden Bars

Golden Bars turns raw price action into an ultra-clear visual playbook. It paints bars gold exactly when a high-quality buy/sell context is present, overlays 8/20/200 SMAs for structure, and marks prior swing levels so you can read momentum, pullbacks, and breaks without second-guessing.
Why traders love it
- Immediate clarity: Gold bars highlight actionable moments. No more “is this a pullback or a trap?” hesitation.
- Trend + timing in one view: The 8/20/200 SMAs anchor bias; the bar logic times entries.
- Price-action first: Wicks through the 8, context filters, prior tops/bottoms, and “elephant bars” (large, decisive candles) keep it practical.
- Calm, rules-based decisions: Color + lines reduce noise and overtrading—so you trade fewer, better setups.
How to use (quick start)
Bias with SMAs:
Only Buy when SMA(8) > SMA(20) (green watermark on chart).
Only Sell when SMA(8) < SMA(20) (red watermark).
No Action when flat/sideways (gray watermark).
Wait for a Golden Bar:
A bar turns gold when price behavior matches strong buy/sell conditions (context + bar rules, including wick tests of the 8 and decisive “elephant” expansion).
Entry idea:
Long: first golden bar in buy context (8>20). Conservative users wait for a small continuation beyond its high.
Short: first golden bar in sell context (8<20). Conservative users wait for continuation below its low.
Protect & manage:
Place stops beyond the recent swing (white lines for the latest confirmed pivot, yellow/cyan lines for prior swings) or beyond SMA(20).
- Trail with SMA(8) or last swing.
- Reduce risk if watermark shifts to No Action.
- Take profits:
- Partial at prior swing lines or at SMA(200) (major dynamic S/R).
What the colors & lines mean
Gold bar: Actionable buy/sell behavior detected under the current trend context.
SMAs:
- 8 (lime): immediate momentum / trailing guide
- 20 (blue): pullback mean / structural line in trend
- 200 (red): regime boundary / bigger S/R
Swing lines:
- White: most recent confirmed top/bottom (+/– 3 ticks offset)
- Yellow/Cyan: previous swing levels for break/target logic
- “Elephant” diamonds: bars with strong range/body structure—decisive interest.
Settings that matter (and why)
SMA lengths (8/20/200): Default is classic trend + pullback structure. Short-term traders can try (5/13/200); swing traders often like (10/30/200).
Elephant sensitivity (ATR/body/wicks): Higher thresholds = fewer but stronger momentum bars.
Pivot lookback: Controls how fast swing lines update—smaller values react quicker; larger values reduce noise.
Trading tips
Stack factors: Golden bar + 8/20 trend + clear swing break beats a single signal.
Respect “No Action”: Sideways regimes are drawdown traps; treat the watermark as a brake pedal.
One market, one plan: Forward-test parameters on your symbol/timeframe; don’t curve-fit daily.
Risk first: Fixed fractional risk per trade and consistent stop logic matter more than any entry.
Why “basic” tools win here
This indicator intentionally leans on simple, proven primitives—moving averages and price-action behaviors—because they’re:
- Robust: Fewer moving parts, fewer failure modes.
- Interpretable: You see why a bar is golden; trust builds, execution improves.
- Portable: Work the same across assets/timeframes with light calibration.
The “AI” in BayesCore is a design philosophy: filter signals by context like a Bayesian would (only act when evidence aligns with your prior—trend), surface high-information bars (elephants, wick tests), and continuously update with new price evidence. It’s practical intelligence—not black-box magic.
Why it’s worth it
Cleaner chart, clearer plan: Colors and lines that teach your eyes what matters.
Fewer forced trades: The watermark + context filter keep you patient.
Process you can repeat: Rules you can explain, backtest, and execute—day after day.
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 ricciardi.
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Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
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 ricciardi.
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.