This indicator plots detrended candlesticks in a separate pane relative to a chosen baseline to highlight market cycles around a zero line. Users can switch the baseline mode between a moving average and high/low extremes. In moving average mode, it subtracts
Indicator · Pine Script v4 · Own pane
Cerebr Bloop
Cerebr Bloop is a momentum oscillator calculated by applying Heikin-Ashi candle logic to a zero-centered Relative Strength Index (RSI).
GitHub stars5on the repository
Pine versionv4older, still runs
Lines of code309
Settings19inputs
LicenceNone stated
Last update2 years ago12 May 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Displayed in a separate pane, it visualizes smoothed RSI momentum candles alongside customizable overbought and oversold threshold boundaries. Users can smooth the open values of the HA RSI to better gauge trend strength and filter potential setups using higher-timeframe RSI levels or moving averages. Settings include HA smoothing length, RSI source, overbought/oversold extreme zones, and moving average lookbacks.
- Zero-centered Heikin-Ashi RSI calculation
- Customizable overbought and oversold extreme thresholds
- Higher-timeframe RSI and moving average entry filters
- HA open smoothing for trend strength visualization
Details
Published by
jerryinyang on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum, Candlestick patterns, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| HA Smoothing | int | 7 | i_smoothing |
| Source | source | ohlc4 | i_source |
| Length | int | 7 | i_lenRSI |
| Smoothed Mode RSI? | bool | true | i_mode |
| HA OB | int | 20 | i_upper |
| OB Extreme | int | 30 | i_upperx |
| HA OS | int | -20 | i_lower |
| OS Extreme | int | -30 | i_lowerx |
| HTF RSI Timeframe | timeframe | | rsiTf |
| RSI Overbought | float | 70 | tfRsiOb |
| RSI Oversold | float | 30 | tfRsiOs |
| Moving Average Timeframe | timeframe | | maTf |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Moving Average Length | int | 50 | maLen |
| Use RSI to Filter Entries? | bool | true | useRsiFilt |
| Use Moving Avearage to Filter Entries? | bool | false | useMaFilt |
| Apply Candle Close Rule? | bool | true | useHaCloseFilt |
| HA Candle Buffer For Overbought/Oversold | string | High/Low | haObosMeth |
| Moving Average Lookback | int | 10 | maLback |
| Lookback for SL Finding | int | 10 | slLback |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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