INVITE-ONLY SCRIPT

Bonsai (Beta)

Updated
🌳 Introducing Bonsai [Beta] 🌳

Bonsai is a cutting-edge trading indicator engineered to assist you in pinpointing market trends and delivering potent buy and sell signals. With its adaptive sensitivity settings and distinctive color-coded visualizations, Bonsai serves as an invaluable tool for traders seeking to improve their decision-making abilities. 📊

Key features:
🌟 Dual sensitivity modes: "Auto" for dynamic adjustments and "Manual" for user-specified sensitivity.
🌟 Customizable intensity and opacity settings for streamlined trend visualization.
🌟 ALMA (Arnaud Legoux Moving Average) integration for refined trend lines.
🌟 Performance optimization table for enhanced strategy development.

In the "Auto" sensitivity mode, Bonsai intelligently adapts its sensitivity based on the current market conditions, making it suitable for both fast-paced and slow-moving market scenarios. In "Manual" mode, traders have the freedom to define their preferred sensitivity value for a tailored approach. 🎛

The indicator's color-coded visualization offers a lucid representation of market trends, with green denoting bullish momentum and red signifying bearish momentum. Adjust the intensity and opacity settings according to your needs to optimize trend recognition. 🔥

Bonsai also boasts a performance optimization table that contrasts the outcomes of the "Auto" and "Manual" sensitivity modes, assisting you in fine-tuning your trading strategy. 🧐

Furthermore, Bonsai generates buy and sell signals based on your selected sensitivity mode, accompanied by customizable alerts to keep you updated on potential trading opportunities. 🚀

Elevate your trading strategy and decision-making prowess with Bonsai, a versatile and powerful trading indicator. Give it a try today! 🌳
Release Notes
This minor update adds solid color options with the option to increase their opacity to 100, ensuring basic color functionality is optimal. This modification will provide a more straightforward visual representation for users, enhancing the trading experience.
Release Notes
We're excited to announce another update to Bonsai, featuring key improvements:

Enhanced Sensitivity Mode: The sensitivity mode is now simpler and more versatile. You can now choose from four options: 'Slow', 'Mid', 'Fast', or 'Manual'.
  • 'Slow': Ideal for a conservative approach, generating fewer signals.

  • 'Mid': Strikes a balance, delivering an average amount of signals.

  • 'Fast': Optimized for short-term movements, offering more frequent signals.

  • 'Manual': Gives you absolute control. Specify your desired sensitivity value manually to customize the indicator to your unique trading style and objectives.


Dashboard Color Options: Switch between light and dark color themes for optimal visibility on your charts.

Simultaneous Mode Comparison: The dashboard now showcases a simultaneous comparison of all modes. This new feature facilitates a broader and more integrated view of your trading options.

Improved Code Stability: We've made numerous improvements in code stability to ensure a smoother, more reliable user experience.
Release Notes
We've made some updates to our indicator for better functionality and user experience. We've refined input titles for more clarity. Additionally, we've introduced new plot lines for 'Buy' and 'Sell' signals. This change will allow users to use our indicator's outputs as a source for other indicators, enhancing its compatibility and versatility. This feature will be especially useful with the upcoming release of our Backtester. As always, we value your feedback and thank you for your continued support.
autoRelative Strength Index (RSI)trendTrend AnalysisVolume

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 bonsai_trade 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.

Author's instructions

Learn more about our Bonsai tools at https://bonsai.trade

Want to use this script on a chart?

Warning: please read before requesting access.

💬 Discord discord.gg/bonsai
🪴Access: bonsai.trade
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