INVITE-ONLY SCRIPT
SimpleAlgo V2.1
SimpleAlgo V2.1 – Momentum and Volatility Framework
Overview
SimpleAlgo V2.1 combines momentum waves, volatility envelopes, key price levels, and optional entry markers to provide a structured view of market behavior. The tool is designed to help traders interpret trend conditions, momentum shifts, and volatility expansion or compression through a clean set of visual components.
Momentum Waves
The indicator calculates multiple smoothed momentum waves using adaptive EMA logic. These waves highlight short and medium-term momentum behavior.
Color fills between waves help visualize momentum changes and transitions in trend strength.
Entry Signals (Optional)
Potential long or short markers can appear when a momentum shift aligns with a wave crossover. These are visual aids intended to highlight moments of interest on the chart. They are not standalone trade signals and should be confirmed with additional analysis.
Volatility Envelope (Optional)
A multi-band volatility envelope constructed from smoothed true range helps identify overextension zones and expansion phases. This framework can be useful when evaluating price deviations and potential exhaustion areas.
Key Price Levels (Optional)
Pivot-based levels identify potential support and resistance areas. These levels are projected forward to help visualize structure points without repainting.
Momentum Cloud and Bar Shading
The script includes cloud shading and bar coloring to help illustrate the strength and direction of momentum. These visuals help clarify trend conditions at a glance.
Position Management Tools (Optional)
When enabled, V2.1 can display hypothetical entry, stop, and target levels based on ATR-derived risk measurements. These elements provide a visual framework for trade planning only and do not execute or manage trades.
Alerts
Alert conditions are available for potential long and short entries based on the internal wave-cross and momentum logic.
Customization
Users can adjust responsiveness, volatility settings, level lookback, cloud visibility, shading, bar coloring, and all position-management parameters. Every layer can be enabled or disabled depending on preference and trading style.
Recommended Use
This tool is most effective when combined with a broader analysis approach that incorporates higher timeframe context, structure, and risk management principles. It should not be used as a standalone trading system.
Disclaimer
This indicator is for technical analysis and educational purposes only. It does not predict future price movement or guarantee results. All trading involves risk.
Overview
SimpleAlgo V2.1 combines momentum waves, volatility envelopes, key price levels, and optional entry markers to provide a structured view of market behavior. The tool is designed to help traders interpret trend conditions, momentum shifts, and volatility expansion or compression through a clean set of visual components.
Momentum Waves
The indicator calculates multiple smoothed momentum waves using adaptive EMA logic. These waves highlight short and medium-term momentum behavior.
Color fills between waves help visualize momentum changes and transitions in trend strength.
Entry Signals (Optional)
Potential long or short markers can appear when a momentum shift aligns with a wave crossover. These are visual aids intended to highlight moments of interest on the chart. They are not standalone trade signals and should be confirmed with additional analysis.
Volatility Envelope (Optional)
A multi-band volatility envelope constructed from smoothed true range helps identify overextension zones and expansion phases. This framework can be useful when evaluating price deviations and potential exhaustion areas.
Key Price Levels (Optional)
Pivot-based levels identify potential support and resistance areas. These levels are projected forward to help visualize structure points without repainting.
Momentum Cloud and Bar Shading
The script includes cloud shading and bar coloring to help illustrate the strength and direction of momentum. These visuals help clarify trend conditions at a glance.
Position Management Tools (Optional)
When enabled, V2.1 can display hypothetical entry, stop, and target levels based on ATR-derived risk measurements. These elements provide a visual framework for trade planning only and do not execute or manage trades.
Alerts
Alert conditions are available for potential long and short entries based on the internal wave-cross and momentum logic.
Customization
Users can adjust responsiveness, volatility settings, level lookback, cloud visibility, shading, bar coloring, and all position-management parameters. Every layer can be enabled or disabled depending on preference and trading style.
Recommended Use
This tool is most effective when combined with a broader analysis approach that incorporates higher timeframe context, structure, and risk management principles. It should not be used as a standalone trading system.
Disclaimer
This indicator is for technical analysis and educational purposes only. It does not predict future price movement or guarantee results. All trading involves risk.
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡SimpleAlgoAI。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Access: https://simplealgo.io
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡SimpleAlgoAI。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Access: https://simplealgo.io
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。