OPEN-SOURCE SCRIPT
RDBRB Strategy with Filters + Cooldowns + Labels
RDBRB Strategy with Filters + Cooldowns
This script implements the RDBRB (Rally-Drop-Base-Retest-Breakout) strategy, a classic price action setup designed to identify structured trade opportunities using volume, volatility bands, and trend alignment. It’s ideal for traders looking for clean, rule-based entries across any timeframe.
🧠 Core Components
Rally & Drop Detection
Identifies short-term momentum shifts using moving average crossovers:
✅ Ra = Rally (bullish crossover)
🔻 Dr = Drop (bearish crossunder)
Base Formation
A statistical base is defined using a moving average with a standard deviation envelope (Upper/Lower BB). This forms the foundation for breakout or retest setups.
Retest Zone (RT)
When price returns to the lower band (but stays below the base), it suggests a potential re-accumulation or reaction zone before a breakout.
Breakout Confirmation (BO)
A breakout is validated when:
Price crosses above the upper band
Volume exceeds the 20-bar average by a threshold multiplier
RSI is above a bullish momentum level
Price is trending above the longer-term EMA
⏱️ Smart Cooldown Logic
Each signal (Rally, Drop, Retest, Breakout) has an independent cooldown timer to prevent multiple triggers within a short range, filtering out noise and duplicate signals:
Customizable cooldown periods via input settings
Ensures signals are meaningful and not clustered
💡 Visual Markers
All signals are shown as small, color-coded labels:
Ra: Green label below bar
Dr: Red label above bar
RT: Yellow label below bar
BO: Green breakout label below bar
Bands and base are plotted for structure reference.
🛠️ Customizable Settings
Cooldown periods for each signal type
MA lengths, volume and RSI thresholds
Trend filter and base calculation inputs
This script is ideal for price action traders who want a clean, structured method to trade consolidations and trend continuations while avoiding over-signaling. Use it on any timeframe and combine with higher-timeframe confirmation for best results.
This script implements the RDBRB (Rally-Drop-Base-Retest-Breakout) strategy, a classic price action setup designed to identify structured trade opportunities using volume, volatility bands, and trend alignment. It’s ideal for traders looking for clean, rule-based entries across any timeframe.
🧠 Core Components
Rally & Drop Detection
Identifies short-term momentum shifts using moving average crossovers:
✅ Ra = Rally (bullish crossover)
🔻 Dr = Drop (bearish crossunder)
Base Formation
A statistical base is defined using a moving average with a standard deviation envelope (Upper/Lower BB). This forms the foundation for breakout or retest setups.
Retest Zone (RT)
When price returns to the lower band (but stays below the base), it suggests a potential re-accumulation or reaction zone before a breakout.
Breakout Confirmation (BO)
A breakout is validated when:
Price crosses above the upper band
Volume exceeds the 20-bar average by a threshold multiplier
RSI is above a bullish momentum level
Price is trending above the longer-term EMA
⏱️ Smart Cooldown Logic
Each signal (Rally, Drop, Retest, Breakout) has an independent cooldown timer to prevent multiple triggers within a short range, filtering out noise and duplicate signals:
Customizable cooldown periods via input settings
Ensures signals are meaningful and not clustered
💡 Visual Markers
All signals are shown as small, color-coded labels:
Ra: Green label below bar
Dr: Red label above bar
RT: Yellow label below bar
BO: Green breakout label below bar
Bands and base are plotted for structure reference.
🛠️ Customizable Settings
Cooldown periods for each signal type
MA lengths, volume and RSI thresholds
Trend filter and base calculation inputs
This script is ideal for price action traders who want a clean, structured method to trade consolidations and trend continuations while avoiding over-signaling. Use it on any timeframe and combine with higher-timeframe confirmation for best results.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。