BayesCore AI Golden Bars

Golden Bars turns raw price action into an ultra-clear visual playbook. It paints bars gold exactly when a high-quality buy/sell context is present, overlays 8/20/200 SMAs for structure, and marks prior swing levels so you can read momentum, pullbacks, and breaks without second-guessing.
Why traders love it
- Immediate clarity: Gold bars highlight actionable moments. No more “is this a pullback or a trap?” hesitation.
- Trend + timing in one view: The 8/20/200 SMAs anchor bias; the bar logic times entries.
- Price-action first: Wicks through the 8, context filters, prior tops/bottoms, and “elephant bars” (large, decisive candles) keep it practical.
- Calm, rules-based decisions: Color + lines reduce noise and overtrading—so you trade fewer, better setups.
How to use (quick start)
Bias with SMAs:
Only Buy when SMA(8) > SMA(20) (green watermark on chart).
Only Sell when SMA(8) < SMA(20) (red watermark).
No Action when flat/sideways (gray watermark).
Wait for a Golden Bar:
A bar turns gold when price behavior matches strong buy/sell conditions (context + bar rules, including wick tests of the 8 and decisive “elephant” expansion).
Entry idea:
Long: first golden bar in buy context (8>20). Conservative users wait for a small continuation beyond its high.
Short: first golden bar in sell context (8<20). Conservative users wait for continuation below its low.
Protect & manage:
Place stops beyond the recent swing (white lines for the latest confirmed pivot, yellow/cyan lines for prior swings) or beyond SMA(20).
- Trail with SMA(8) or last swing.
- Reduce risk if watermark shifts to No Action.
- Take profits:
- Partial at prior swing lines or at SMA(200) (major dynamic S/R).
What the colors & lines mean
Gold bar: Actionable buy/sell behavior detected under the current trend context.
SMAs:
- 8 (lime): immediate momentum / trailing guide
- 20 (blue): pullback mean / structural line in trend
- 200 (red): regime boundary / bigger S/R
Swing lines:
- White: most recent confirmed top/bottom (+/– 3 ticks offset)
- Yellow/Cyan: previous swing levels for break/target logic
- “Elephant” diamonds: bars with strong range/body structure—decisive interest.
Settings that matter (and why)
SMA lengths (8/20/200): Default is classic trend + pullback structure. Short-term traders can try (5/13/200); swing traders often like (10/30/200).
Elephant sensitivity (ATR/body/wicks): Higher thresholds = fewer but stronger momentum bars.
Pivot lookback: Controls how fast swing lines update—smaller values react quicker; larger values reduce noise.
Trading tips
Stack factors: Golden bar + 8/20 trend + clear swing break beats a single signal.
Respect “No Action”: Sideways regimes are drawdown traps; treat the watermark as a brake pedal.
One market, one plan: Forward-test parameters on your symbol/timeframe; don’t curve-fit daily.
Risk first: Fixed fractional risk per trade and consistent stop logic matter more than any entry.
Why “basic” tools win here
This indicator intentionally leans on simple, proven primitives—moving averages and price-action behaviors—because they’re:
- Robust: Fewer moving parts, fewer failure modes.
- Interpretable: You see why a bar is golden; trust builds, execution improves.
- Portable: Work the same across assets/timeframes with light calibration.
The “AI” in BayesCore is a design philosophy: filter signals by context like a Bayesian would (only act when evidence aligns with your prior—trend), surface high-information bars (elephants, wick tests), and continuously update with new price evidence. It’s practical intelligence—not black-box magic.
Why it’s worth it
Cleaner chart, clearer plan: Colors and lines that teach your eyes what matters.
Fewer forced trades: The watermark + context filter keep you patient.
Process you can repeat: Rules you can explain, backtest, and execute—day after day.
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Script su invito
Solo gli utenti approvati dall'autore possono accedere a questo script. È necessario richiedere e ottenere l'autorizzazione per utilizzarlo. Tale autorizzazione viene solitamente concessa dopo il pagamento. Per ulteriori dettagli, seguire le istruzioni dell'autore riportate di seguito o contattare direttamente ricciardi.
TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
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Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.