OPEN-SOURCE SCRIPT

ONDAS DE PREÇO COMPRA/VENDA + BULB (T3 + RSI Labels)

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✅ WHAT THIS INDICATOR DOES (FULL EXPLANATION IN ENGLISH)

Your script combines two powerful systems:

1️⃣ T3 Price Waves (Trend System)
2️⃣ BULB Indicator (RSI Extremes + Smart Labels)

Together, they form a complete trend + reversal tool.

1️⃣ T3 PRICE WAVES — Trend Direction, Strength & Reversals

This part creates 6 smoothed T3 levels:

level 0

level 1

level 2

level 3

level 4

level 5

These levels form a colored band around price.

✔️ Color Meaning

Green = Uptrend / bullish pressure

Red = Downtrend / bearish pressure

Gray = Neutral zone / transition

✔️ Signals generated

The indicator plots:

“L” → LONG signal when level 0 crosses above level 5

“S” → SHORT signal when level 0 crosses below level 5

These signals usually mark:

trend reversals

momentum shifts

breakout confirmation

valid entry signals

✔️ Alerts Included

The indicator also triggers:

Long alert

Short alert

Perfect for bots, automation, Binance alerts, etc.

2️⃣ BULB SMART RSI — Identifies True Tops & Bottoms

This part uses the RSI to detect:

Overbought (RSI >= threshold)

Oversold (RSI <= threshold)

When overbought:

🔴 It plots a red SELL label above the candle.

When oversold:

🟢 It plots a green BUY label below the candle.

✔️ Line Mapping Between Extremes

면책사항

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