Cyclic Smoothed RSI, Range Box Breakout Strategy

Intraday breakout on sub-1-hour charts: candle closes beyond the range box high/low while cyclic smoothed RSI breaks its band, with volume confirmation.

Published · Updated · Methodology: Technical Indicators

Part of: Breakout Trading

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Under 1-hour charts
  • Markets: Not specified (implied for day trading, potentially stocks, forex, crypto)

Indicators used

  • Cyclic Smoothed RSI (cRSI)
  • Range Box

Source video

Decoded from: How to Make Money Day Trading: 2 TradingView Indicators - ULTIMATE Breakout Strategy by Trendline Project — watch the original

Key timestamps:

  • 0:00 - Introduction
  • 0:18 - Indicator 1: Cyclic Smoothed RSI (cRSI)
  • 1:05 - Indicator 2: Range Box
  • 1:50 - The Strategy explained
  • 2:00 - cRSI dominant cycle length setting
  • 2:10 - Range Box session times
  • 2:30 - Entry condition: Price breaks Range Box
  • 2:35 - Entry condition: cRSI breaks its band
  • 2:45 - Entry condition: Candle close outside Range Box
  • 2:55 - Entry confirmation: High volume candle
  • 3:00 - Risk management: Stop loss placement
  • 3:10 - Risk management: Profit target and R:R ratio
  • 3:19 - Next Steps

Strategy overview

Breakout trading takes a defined price boundary and treats the move through it as the signal — and in this version, neither the boundary nor the confirmation is drawn by hand. The structure comes from a Range Box indicator, which plots a session's range as a zone on the chart, and the momentum read comes from the Cyclic Smoothed RSI (cRSI), a variant of the classic oscillator that adds smoothing and adapts to the market's cycle instead of running on a fixed lookback. The setup is, by construction, two tools on a chart rather than a pattern you train your eye to recognize.

That framing is the point of the source video. Trendline Project's "How to Make Money Day Trading: 2 TradingView Indicators - ULTIMATE Breakout Strategy" is organized as a tooling walkthrough: one chapter introduces each indicator, a single short chapter explains the strategy that joins them, and the chapters after that are given over to configuration. In a video this compact, more of the marked runtime goes to getting the indicators onto the chart correctly than to arguing why the pairing should work — worth knowing before judging it, because it makes the video easy to reproduce and hard to interrogate. The "ULTIMATE" and the money-making promise belong to the channel's own title, not to anything demonstrated here.

Two variables stay open. A range box is anchored to session hours, so the box a trader sees — and therefore the level that gets broken — is only as portable as the session it is built from; someone in a different time zone is not looking at the same range even with identical tools. And an oscillator paired with a breakout can play two opposite roles, either confirming that momentum agrees with the break or warning that the move is already stretched. This page covers the concept and how the source presents it; what the two indicators have to agree on before a break counts, and what happens to the position afterward, remain with the video itself.

Topics

pine script · trading strategy · tradingview strategy · breakout strategy · day trading · cyclic smoothed rsi · range box indicator · technical indicators · short term trading · forex strategy · crypto trading strategy · day trading breakout strategy

Frequently asked questions

What is the Cyclic Smoothed RSI (cRSI)?

It is a variant of the standard RSI that applies extra smoothing and adapts to the market's cycle rather than running on a fixed lookback period. The intent is to reduce the whipsaw a raw oscillator produces on fast intraday charts, which is why it appears as the momentum component in setups like this one.

What does a Range Box indicator do in a breakout strategy?

A Range Box plots the high and low of a defined session as a box directly on the chart, so the range boundaries are generated automatically instead of being drawn by hand. In a breakout context, the edges of that box serve as the reference levels for direction and risk.

What timeframe is this strategy built for?

It is presented as a day-trading approach on charts under one hour, where the session box is rebuilt for each new session rather than persisting as a longer-term level.

How can I evaluate a two-indicator breakout setup like this?

Backtest it on intraday data using the session hours you actually trade, since a session-anchored range does not transfer between time zones without adjustment. Strategy Decoder catalogs strategies extracted from video sources so you can find setups like this one and assess them on TradingView.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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