Rainbow Score (BRS)

Simplify your analysis and optimize your positions with this indicator providing buy and sell zones using colored bands and arrows.

Profile Type

Medium-Long Term

Level of Use

Easy

Indicator Type

Technical indicator with integrated signals

Customization

High

Timeframes

Daily

Rainbow Score Mobile

Purpose

Using a mix of advanced technical analysis tools, this handy indicator is like a compass for investors. It points out the buy or sell zones for any asset quickly and easily. It turns complex financial data into a simple, color-coded chart with scores. Plus, it uses arrows to show where the investment opportunities might be. This tool makes the tough world of investment much simpler, helping traders make smarter decisions with confidence and ease.

Works on

All Assets

All Assets

All Pairs

All Pairs

Crypto Market

Crypto Market

Traditional Market

Traditional Market

Thrive with the BRS

Our powerful indicator offers a seamless way to decode complex financial data, efficiently highlighting buy or sell zones, simplifying investment decisions, and offering versatility across diverse asset classes.

Surf the Trend

By surfing the trend, traders can capitalize on the momentum and increase the likelihood of making profitable trades, as the trend often provides a higher probability of continued price movement in a specific direction.

Overbought & Oversold

“Overbought” suggests that an asset’s price has risen rapidly and may be due for a correction, indicating a potential selling opportunity. Conversely, “Oversold” indicates a rapid price decline, suggesting an undervalued asset and a potential buying opportunity.

Simplified Decision Making

By utilizing directional arrows to indicate possible investment opportunities, this tool aids in making clear and informed decisions, as well as DCA.

Universal Applications

Given that this indicator is based on multiple technical analysis metrics, it can be applied to any asset, providing wide-ranging utility for various investment portfolios.

Elements

The user can find different elements and signals that form the indicator structure. Each one is adding another value to the whole indicator.

Moving Average

The base of this indicator is first of all an optimized moving average, taking into account the volatility of the asset.

Bands

The lower bands (blue to green shades) form oversold areas. Conversely, in the upper areas (yellow to red tones), represent overbought levels.

Panel

To see at a glance in which zone we are currently located, we have added a panel with the score and the current signal.

Signals

The green arrows indicate buying opportunities and the red arrows indicate selling times.

Leverage your Crypto Trading & Investing with the

Blockunity Rainbow Score

Get the BRS

Premium
Monthly

109.99€ /month

79.99€

/month

0

Premium
Annually

69.99€ /month

49.99€

/month

Save 40%

The Premium plan include:

  • Premium Suite (12 indicators, 2 trading strategies, 10 analysis tools and 4 indexes).

  • Real-time alerts & non-repaint signals.

  • Full access to our active Discord community.

  • Future indicators, features and updates.

  • Weekly Market Report [in french only for now].

  • Advanced Support.

Discover all our tools by clicking here.

News & Updates

To ensure continuous improvement, we closely control each Unyx Data offering and regularly implement updates, ensuring that they remain aligned with evolving market dynamics. All updates are included in our subscriptions.

21 Feb 2024
7 Aug 2023
  • New data table design. Moreover, it is now fully configurable.
  • A few other design adjustments.
6 Jun 2023
  • Minor optimization of the central moving average.
  • Add a range detection system to filter retest signals and improve their quality.
  • Default activation of potential retest signals (now that they are better filtered).
11 May 2023
  • Added an option to display trend change signals.
  • Added an option to display the moving average triggering the retest signals (hidden by default).
  • Modification to allow color changes in the design parameters of the indicator.
1 May 2023
  • Revision of the whole mechanism in order to further improve its performance and relevance. Volatility is now taken into account in the central moving average and no longer in the calculation of the bands.
  • Added many options and settings. They are all optional and explained directly in the settings of the indicators via the tooltips.
  • Reworked the design and added input so you can make adjustments more easily.
  • Deactivation of the weak signal display by default.
  • Added a mode in the settings to adapt the BRS to the traditional market.
  • For the moment we have removed the ‘Timeframe Selector’ functionality, the BRS is used again in daily time units for now.
  • Changed the signal triggering method and added filtering options.
  • The central moving average now also indicates the market trend. It is green to indicate a bull market and red to indicate a bear market.
  • Added a ‘Very young asset’ checkbox in the parameters allowing to use the BRS even on assets with very limited history.
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