DRID Bear Market Alert — Official TradingView Indicator
The indicator that shows you exactly when to move — and when to stay.
DRID Bear Market Alert is the official TradingView indicator for the four-rule system in the book Don't Ride It Down by Antonio Eubanks, Sr. It implements all four rules visually on the SPX monthly chart, automatically, at month-end, every month.
You don't calculate anything. You don't interpret anything. You read the signal and follow the rule.
What it plots:
Rule 1 — Trend The 12-month SMA line, color-coded green when price is above and red when below. The primary signal at a glance.
Rule 2 — Slope Filter Hold Guard activates when slope is within a certain parameter. Keeps you invested through normal corrections and reduces false exits.
Rule 3 — Monthly Evaluation BH (Buy/Hold), SR (Sell/Risk-Off), and HG (Hold Guard) signals appear automatically at each month-end close. One check. One decision.
Rule 4 — Circuit Breaker Fast 10%+ intramonth drop? CB Sell fires if both sell conditions confirm. CB-Hold if they don't. Re-Eval triggers if price drops by a set percentage from the CB-Hold point.
Backtested over 33 years:
— Maximum drawdown: -22.7% vs. -52.6% buy-and-hold
— Final value of $100K starting portfolio: $1,965,617 vs. $1,584,074 buy-and-hold
— Total roundtrip trades over 33 years: 7 (roughly one every 4-5 years)
During the 2000-2003 Dot-Com Bear, the system held roughly flat while buy-and-hold lost 27.8%. During the 2008-2009 Financial Crisis, the system lost 4.1% while buy-and-hold lost 33.3%.
Past performance does not guarantee future results. Backtest assumes 0% return in Stable Value during risk-off periods.
What's included:
— Lifetime access to DRID Bear Market Alert on TradingView
— All four rules implemented: trend, slope filter, monthly evaluation, circuit breaker
— All signal types: BH, SR, HG, CB Sell, CB-Hold, Re-Eval
— Setup instructions...takes less than five minutes
— Works on any free or paid TradingView account
How it works:
- Purchase here on Payhip
- You'll receive access instructions within 24 hours
- You'll need a free TradingView account at TradingView.com
- Add the indicator to your SPX monthly chart — setup takes less than five minutes
Read the book first. DRID Bear Market Alert implements the system from Don't Ride It Down. The indicator makes the rules visible. The book explains why they work and what to do when they're tested. If you haven't read it yet, get it on Amazon before you set up the indicator.
One-time purchase. No subscription. No recurring charge. $37 — or use the discount code (from the book) if you've already purchased the book.