Market is full of life, with seasons. 9 Seasons Rainbow Indicator displays 9 seasons of any trading instrument in multiple time frames, helping traders and investors understand the flow of price.
The combination of seasons in different time dimensions may give perfect trading signals, for instance: overbought in both small time frame and big time frame has high success probability of shorting trade.
Please install the indicator: Demo, PRO or STANDARD Version. Apply the indicator to your favorites trading instruments: indices, stocks, futures , forex or crypto currencies. Find your patterns that make money.
---------- 9 Seasons ---------- Bull(Green), evolves into BullRest, OverBought, Bear, or Neutral Bull Rest(Light Green): a pullback or retracement, evolves into Bull or Bear OverBought(Yellow): may have defined a top or resistance, can happen in range, evolves into CrazyBought or Bear CrazyBought(Lime): going up in a high volatility , evolves into Bear, OverBought, or BullRest
Neutral(White): a wandering season without direction, evolves into Bull or Bear
Bear(Red), evolves into BearRest, OverSold, Bull or Neutral Bear Rest(Light Red): a bounce, evolves into Bear or Bull OverSold(Blue): may have defined a bottom or support, can happen in range, evolves into CrazySold or Bull CrazySold(Fuchsia): going down in a high volatility , evolves into Bull, OverSold, or BearRest
---------- Some important evolutions of seasons ---------- OverBought -> CrazyBought: can happen with a breakout CrazyBought -> OverBought or Bear: could mean fading of a breakout CrazyBought -> BullRest: can happen after rising over a new level OverSold -> CrazySold: can happen with a breakdown CrazySold -> OverSold or Bear: could mean fading of a breakdown CrazySold -> BearRest: can happen after dropping to a new level
---------- Rainbow Ribbons for multiple time frames ---------- Each ribbon of the rainbow represents a time frame, The difference between two frames is 1.4142 fold (square root of 2), if level 1 is 15 M, level 2 is 15 * (square root of 2) M. level 3 is 15*2 M, level 4 is 30 * (square root of 2) M, level 5 is 30 * 2 m etc. The uppermost ribbon represents the smallest time frame - current time period of the chart. The lower ribbons represent bigger time frames, which work as context. Examples for time frame rainbow: For DEMO in 30M: 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H) - 339M For STANDARD in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M For PRO in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H) - 339M - 480M(8H) - 679M
---------- Versions Description ---------- The features may change later, please refer to latest update.
STANDARD: This is STANDARD version of 9 Seasons Rainbow Indicator, invite-only, with the following advanced features: 8 Ribbon Rainbow lets you discover trading opportunities hidden in the 1.4142 fold time dimension while monitoring market conditions spanning 11 times. Advanced alert sets allows you set alerts for Overbought, Crazybought, OverSold, CrazySold on upper and lower time frames. Broad time periods access allows you to watch the market on popular time dimensions from 15M - 1D,2D,3D,4D,5D,6D,1W. More new features in updates.
PRO: PRO version of 9 Seasons Rainbow Indicator is invite-only, with the following advanced features: 12 Ribbon Rainbow lets you discover trading opportunities hidden in the 1.4142 fold time dimension while monitoring market conditions spanning 45 times. Advanced alert sets allows you set alerts for Overbought, Crazybought, OverSold, CrazySold on low, medium, and high time frames. Option to input different trading instrument to compare with the current ticker. Full time periods access allows you to watch the market on broadest time dimensions. More new features in updates.
DEMO: A DEMO of Standard version for trial purpose, having most the functions except alert preset conditions. It is applicable to a list of trading instruments and specific time periods(30m-1D), which may change later. please refer to latest updates. ---List of tickers applicable for Demo version. Currency Index:AXY, BXY , CXY , DXY , EXY , JXY , SXY , ZXY , Stock Index:SPX,TSX, DAX , NI225 ,KOSPI,399001, SHCOMP , HSI , XJO , TAIEX , SX5E , Crypto:BTCUSD Commodity:BCOUSD, GOLD
---------- Access to Indicators ---------- Please contact the author for access to PRO or Standard versions.
---------- About Loading Time ---------- It may take up to 2 minutes for your browser to load a new setting, depending on the your computer and network speed.
---------- List of the author's Indicators ---------- tradingview.com/u/go8686/#published-scripts
---------- Disclaim ---------- By using or requesting access to this indicator, you acknowledge that you have read and accepted that this indicator is for study purposes only and it does NOT guarantee you will make money. I am not financial adviser and I am NOT responsible for any profits or losses you may incur by using this indicator! Users should make their own decisions, carefully assess risks and be responsible for investment and trading activities.
The latest updates override the previous description. Please check the updates.
Adjust color series of the ribbons. Add short-term long-term labels with offset input, allowing users to move it horizontally.
-------------------- Disclaimer Update -------------------- By using or requesting access to the indicator, you acknowledge that you have read and accepted that the indicator and any related content, including but not limited to: user manual, tutorials, ideas, videos, chat, email, blog, etc. is for research purposes. If a customer or user uses the indicator or related content mentioned above for live trading or investment, she/he should take all risks and be responsible for her/his own trading and investment activities.
-------------------- Terms of Use, Policies and Disclaimers shall Prevail -------------------- If any of the above information is inconsistent with the "Terms of Use, Policies and Disclaimers" between a customer and the author, the "Terms of Use, Policies and Disclaimers" shall prevail.
Release Notes
Since different symbols can be displayed in Tradingview's multiple chart layout, the feature "Capability to input different trading instrument to compare with the current ticker. " is removed to speed up loading time. Adjust short long term label offset. Enable more stable switch between Yellow and Lime, Blue and Fuchsia.
Release Notes
New Alert functions with user-defined rainbow colors switch.
Message the author for a trial of the indicators.
A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.
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 go8686 for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. 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.