INVITE-ONLY SCRIPT
𝗔𝗹𝗴𝗼𝗔𝘂𝗿𝗮
"AlgoAura is a technical analysis tool designed to assist traders in identifying potential market trends and managing risk. It combines trend identification, signal generation, and dynamic risk management into a single, customizable indicator.
🔹 Key Features:
• Trend Identification Algorithm: Utilizes a custom 'Algo Sniper' function to filter price data and highlight potential trend direction.
• Entry Signals: Plots non-repainting buy and sell signals on the chart to indicate potential entry points.
• Dynamic Stop-Loss & Take-Profit: Automatically calculates and plots stop-loss and take-profit levels for each signal. It supports both manual (ATR-based) and automatic settings.
• Customizable Info Table: Displays real-time data including current price, entry, stop-loss, take-profit, risk/reward ratio, and trend strength. All colors and parameters in the table are fully adjustable.
• Full Visual Customization: Users can easily change the colors of signals, lines, and table elements to match their charting preferences.
🔹 How it Works:
The indicator calculates a smoothed price range and applies a filter to reduce market noise. When the filtered price direction changes, a signal is generated. Stop-loss levels are calculated based on user-defined risk (ATR) or an automatic pip value. Take-profit levels are also user-defined or can be set to automatic random values.
🔹 Disclaimer:
This script is for educational and informational purposes only. It does not constitute investment advice. Past performance is not indicative of future results. I am not responsible for any financial losses incurred while using this script. Please be aware of the risks involved in trading and trade with caution.
🔹 Key Features:
• Trend Identification Algorithm: Utilizes a custom 'Algo Sniper' function to filter price data and highlight potential trend direction.
• Entry Signals: Plots non-repainting buy and sell signals on the chart to indicate potential entry points.
• Dynamic Stop-Loss & Take-Profit: Automatically calculates and plots stop-loss and take-profit levels for each signal. It supports both manual (ATR-based) and automatic settings.
• Customizable Info Table: Displays real-time data including current price, entry, stop-loss, take-profit, risk/reward ratio, and trend strength. All colors and parameters in the table are fully adjustable.
• Full Visual Customization: Users can easily change the colors of signals, lines, and table elements to match their charting preferences.
🔹 How it Works:
The indicator calculates a smoothed price range and applies a filter to reduce market noise. When the filtered price direction changes, a signal is generated. Stop-loss levels are calculated based on user-defined risk (ATR) or an automatic pip value. Take-profit levels are also user-defined or can be set to automatic random values.
🔹 Disclaimer:
This script is for educational and informational purposes only. It does not constitute investment advice. Past performance is not indicative of future results. I am not responsible for any financial losses incurred while using this script. Please be aware of the risks involved in trading and trade with caution.
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TradeSnipers。
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
Thank you for using this script! इस tool का उद्देश्य market movement को simplify करके आपको साफ़ और structured analysis देना है। Script को इस्तेमाल करते समय कृपया नीचे दिए गए points follow करें: How to Use Script को chart पर add करने के बाद settings में
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TradeSnipers。
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
Thank you for using this script! इस tool का उद्देश्य market movement को simplify करके आपको साफ़ और structured analysis देना है। Script को इस्तेमाल करते समय कृपया नीचे दिए गए points follow करें: How to Use Script को chart पर add करने के बाद settings में
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。