ORCA B - Bitcoin RSI & Hash Ribbon Confirmation (Bottom Indicator) - Use it ORCA A
ORCA B is a closed-source companion script to ORCA A, refining entries/exits using RSI thresholds and on-chain confirmations. It’s designed to work alongside ORCA A, adding precision to trend signals.
Key Features: Custom RSI Framework (14-Period): Bullish Entry: RSI > 56 (overbought breakout in uptrends). Bearish Entry: RSI < 44 (oversold breakdown in downtrends). Dynamic Targets: Calculates exact price levels needed to hit RSI 56/44 in real-time (labels on last bar).
Shared On-Chain Logic with ORCA A: Hash Ribbon: Confirms miner capitulation/recovery phases. Pi Cycle: Blocks trades during macro distribution phases.
Multi-Timeframe SAR Gates: Requires alignment between 5D SAR and 1W SAR for trend confirmation. Bullish: SAR < Price on both timeframes. Bearish: SAR > Price on both timeframes.
Fisher Transform Filter: Normalizes price volatility to avoid false extremes: Bullish: Fisher Value < 1.92. Bearish: Fisher Value > -1.89.
Why It Stands Out: Precision Timing: RSI thresholds exploit Bitcoin’s tendency to overshoot in trending markets. Synergy with ORCA A: Adds a layer of confirmation to ORCA A’s macro signals. Risk Management: SAR stops update dynamically across timeframes (5D/1W).
How They Work Together:
ORCA A (Top Indicator): Identifies macro trends (Pi Cycle, Hash Ribbon). Filters trades using EMA ribbons and ADX momentum.
ORCA B (Bottom Indicator): Refines entries/exits using RSI thresholds. Confirms signals with on-chain data and SAR alignment.
Chart Setup: ORCA A: Show EMAs, SAR stops, and Hash Ribbon labels. ORCA B: Display RSI with colored zones (green = bull, red = bear, gray = neutral).
Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.