Bonsai

The core Bonsai indicator works as a market trend indicator: it paints the trend line green or red and lets you choose how twitchy it gets. Auto Slow, Mid, and Fast modes adjust sensitivity to the market on their own, while Manual hands you the dial. Slow mode produces fewer signals for larger moves, Fast reacts to quick swings and fires more often. A performance table inside the script shows how each mode has behaved, which makes the choice less of a guess.

Bonsai OS folds RSI, CCI, Stochastic, and MACD into a single pane. You switch between them without adding four separate indicators, and the line recolors itself in oversold and overbought zones. High and Low prices can replace the default close as the data source, a small setting that matters when you trade volatile pairs.

The oscillator scans for bullish and bearish divergence and marks pivot points on the chart. A combined signal fires when RSI, CCI, and Stochastic all diverge together, which filters out the single-oscillator noise that makes divergence trading frustrating. A gradient background shades price strength, so the context sits behind the candles instead of in another window.

Bonsai BX tests a strategy against historical candles and reports the numbers traders actually argue about: net result, drawdown, trade count, and win rate. It also accepts signals from outside indicators, so you can test a setup that has nothing to do with Bonsai's own scripts. The default example runs daily BTCUSD candles from Coinbase starting in March 2015, which gives a sense of the sample size involved.

Every tool ships with trading alerts you can route to TradingView notifications, email, or mobile push. That turns the suite into a monitoring system rather than something you stare at. Superhook goes a step further on the Pro plan by accepting webhook calls, so a signal from TradingView or your own software can trigger a bot order.

Trend colors, gradient intensity, and opacity are all adjustable, and the dashboard switches between light and dark themes. Bonsai also builds on the Arnaud Legoux Moving Average for its trend line, which smooths the line without the heavy lag of a simple moving average. None of this changes the signal logic, but a chart you can read at a glance gets used more often.