JBravo Kit | ChartPrime Docs (2024)

The Bravo Suite is an all-encompassing toolset designed by ChartPrime alongside JBravo, that is designed to provide traders with various indicators and technical analysis tools.

The tools designed aim to allow traders to analyse charts just like JBravo.

The tools are designed for ease of use, with simple inputs and intuitive visuals, to assist the user in making informed decisions.

This guide will provide an overview of the different features included in the Bravo Suite for JBravo, and delve into some of the more intricate details.

Bravo 9 Count

The Bravo 9 Count system is a unique take on the traditional 9 count. The major difference in the Bravo 9 Count is that it uses the trend angle instead of the generic method of counting candlesticks. By incorporating trend angle, it can potentially provide better insights into the momentum behind the current price trend and identify trend exhaustion points more effectively.

The Bravo suite calculates trend angles which gives a special advantage when counting 9 counts.

This approach allows the Bravo 9 Count system to take into account not only the number of consecutive price increases or decreases but also the strength of these movements. Consequently, it can provide a more accurate depiction of the underlying trend, especially if the momentum of the price action is changing.

While the traditional 9 count system only counts the number of sequential candles based on consecutive higher or lower closes, the Bravo Sequential system uses the angle of the trend to identify if the trend is losing strength. It displays a 9 count when it detects a possible trend exhaustion point, accompanied by an optional label for better visibility on the chart.

Candle Coloring

The candles provide a unique way of visualizing price action by color-coding the candles based on their angle relative to the past price. Users have the option to enable or disable the Bravo Candles theme.When the candles are gray or white, the algorithm is not picking up any data that indicates a definitive trend change.

Use in confluence

When trading reversals, it's great to look for signs of confluence e.g. by using an assistive oscillator.

When the Bravo 9 Count indicator has fired but price reversal has not occurred, purple candles may print. These purple candles, often referred to as the “Purple Nurple” indicate that the reversal is extended and the change of price direction could imminent. As always, risk management should be in strategies however in theory the trigger is ready to pulled on trades. It is strongly encouraged that traders confirm confluence on other indicators. For example, the MVP oscillator or the Oscillator Pro.

JBravo Kit | ChartPrime Docs (1)
The Bravo Count*

Bravo Bands

The Bravo Fibonacci Bands, also referred to as the “Bravo Bands” are an advanced and innovative feature of the Bravo Suite, specifically designed to offer a more precise and dynamic price channel using a custom blend of Fibonacci numbers and weighted averages.

JBravo Kit | ChartPrime Docs (2)
The Bravo Bands*

Displayed as a purple cloud on top and a blue cloud beneath the candle area, these bands provide a dynamic price channel for price action. When price enters these clouds, a reversal in trend is often seen. These work great in confluence with The Bravo 9 Count indicator for trade confirmations.

When price reaches into the top cloud a reversal downwards might be incoming.When price reaches into the bottom clooud a bounce upwards might be coming.

The end result is a reliable, easy-to-read price channel that gives traders the confidence to make informed decisions.

Bravo MAs

The Bravo 9 Moving Average is included in the suite. The Bravo 9 has been turned into a trend following ribbon.

The kit also provides other useful Moving Averages used by JBravo for various timeframes, such as 200-day Moving Average, and 100-week Moving Average.Traders can toggle the visibility of each Moving Average. These are custom designed lower lag moving averages designed as assistive and supporting features in the toolkit.

JBravo Kit | ChartPrime Docs (3)
The Bravo MAs*

Moving averages in trading can serve a support/resistance purpose as well as trend assistive capabilities. Price often likes to bounce and react off these zones in the market. In addition, when the priceis above the moving averages this would imply a uptrend and if below; a downwards one. The 200 day moving average would be relatively more short term than the 100 week moving average (as this considers far far more data).

Bravo Screener [For Pro]

The Bravo Pro Screener allows you access to instant reference of trader's custom watch lists.Screen between 9 counts, above or below the Bravo 9, above or below the 200 daily and a reading from the Bravo bands.

JBravo Kit | ChartPrime Docs (4)
The Bravo MAs*

By having this information readily visible, traders can let the screener do the chart watching. The list of assets being screened for can be adjusted via the settings.

For a full overview of the Bravo kit:

JBravo Kit | ChartPrime Docs (2024)
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