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已更新 Smart Signals Assistant [AlgoAlpha]
Introduction
The Smart Signals Assistant, developed by AlgoAlpha, is a robust trading tool designed to empower traders of all levels with a flexible, customizable overlay indicator. Built on proprietary logic, this tool can integrate seamlessly with other indicators or be used as a standalone tool and offers powerful market insights, enabling users to tailor their trading strategy by combining different components for unique strategies. Whether you focus on trend-following or mean-reversion strategies, the Smart Signals Assistant is optimized to support you across various market conditions.
Core Features
1. Trend Cipher Component (Trend Identification and Bar Coloring):
The Trend Cipher is the core feature of the Smart Signals Assistant. It offers an intuitive method to detect trends by displaying clear visual signals, such as arrows ("▲" for bullish trends and "▼" for bearish trends). Additionally, signal strength indications are also included where the arrows will have a '+' sign to signify a strong trend, a strong signal is determined when the volatility of prices are increasing. the candlesticks are color-coded to reflect market conditions—green for bullish, red for bearish, and gray when the market is ranging, ranging markets are marked when the prices end up retracing in the opposite direction after a signal is sent, indicating that buyers/sellers are not ready to continue the trend yet. These added layers of confluence allows users to judge if signals provided by the Trend Cipher are high probability signals.
- Exit Signals: "X" marks indicate potential take-profit points when momentum is waning. Users can set a maximum number of exit signals, allowing for greater control over trade management and predictable exit strategies.
- Customization: Users can adjust the period length for the Trend Cipher to suit different market conditions and strategies. For example, a shorter period is more sensitive and responsive to quick shifts in trends, while a longer period offers more stable signals for long-term traders.(longer periods shown below)
2. Trend Bias Component (Long-term Trend Filter and Confirmation):
The Trend Bias acts as a trend confirmation tool. It comes in the form of a smooth band that reflects the central tendency of price movements. It provides a more comprehensive view of whether the price is trend up or down, as well as whether the price is trending strongly or not. It does so by checking if the current momentum of price is stronger relative to the average momentum over a period of time.
As mentioned earlier, the Trend Bias can also act as a marker of central tendency, meaning that users can use the Trend Bias as a dynamic take-profit zone when executing reversal trades.
- When aligned with the Trend Cipher, the Trend Bias helps traders differentiate between strong and weak trends. Bright colors signify a robust trend, while subdued colors signal weakening momentum. This helps users avoid false signals and enter high-probability trades.
3. Fair Value Trail (Entry Optimization):
The Fair Value Trail is a zone-based component that helps users capture optimal entry points, such as when the market is overbought or oversold. By waiting for price retracements into the Fair Value Trail, traders can achieve better pricing and potentially maximize their profits. The Fair Value Trail is unique in the sense that it dynamically adjusts its width according to the market volatility so that the optimal entry area remains as relevant.
- This feature works in conjunction with the Trend Cipher by allowing users to wait for retracement before entering the trade, thus improving their risk-reward ratio.
4. Trend Spine (Range Detection and Filter):
The Trend Spine helps identify periods of price consolidation by flattening the price action into a rigid line. This helps traders avoid entering trades in choppy or directionless markets. The Trend Spine’s values remain unchanged during consolidations, alerting users when to refrain from trading due to a lack of trend direction.
- This feature integrates with other components, providing clearer signals for trading in trending markets while filtering out trades in ranging or consolidating markets.
5. Firmament Cloud (Reversal Zones):
The Firmament Cloud defines zones on the price chart that are considered extreme, indicating overbought or oversold conditions. Price reaching these zones suggests potential reversal points, giving traders additional confirmation to enter or exit trades. The separation of the upper and lower clouds as well of the width of each respective cloud are dynamically adjusted based on the aggressiveness of price movements coupled with user defined settings for some base parameters such as multipliers for separation and width.
- This component works well for traders using a mean-reversion strategy or those looking for early exits during overextended price movements.
Usage and Customization
The Smart Signals Assistant offers a flexible interface, making it simple to adjust settings such as indicator lengths, noise reduction factors, and display options. Key components, such as the Trend Cipher, Trend Bias, and Fair Value Trail, are highly customizable, allowing traders to create a unique trading system tailored to their specific needs. Tooltips accompany most inputs to help users quickly understand how to adjust the tool effectively.
Combining Components for Synergy
1. Trend Cipher and Trend Bias:
By combining the Trend Cipher with the Trend Bias, users receive both short-term and long-term trend confirmations. A bullish signal from the Trend Cipher, when aligned with an upward-trending Trend Bias, significantly enhances the likelihood of a profitable trade, minimizing the chances of acting on premature signals.
2. Fair Value Trail for Entry Optimization:
Rather than immediately acting on a Trend Cipher signal, users can wait for the price to enter the Fair Value Trail. This strategy ensures better entries at premium or discounted prices, maximizing potential returns.
3. Trend Spine for Range Detection:
The Trend Spine works alongside the Trend Cipher to keep traders out of consolidating markets. When the Trend Spine remains flat, it signals a ranging market, advising users to avoid trades during such periods.
4. Firmament Cloud for Reversal Points:
The Firmament Cloud identifies extreme market conditions, marking zones where traders should be cautious about entering trades. When combined with Trend Cipher signals, this component helps users pinpoint overbought or oversold markets, allowing for strategic entries and exits.
Conclusion
The Smart Signals Assistant is more than just a collection of individual indicators. It offers a comprehensive, multi-layered system that provides a deeper understanding of market dynamics, ranging from trend detection to reversal opportunities. The flexibility in customizing its various components allows traders to craft a strategy suited to their style, whether they prefer trend-following or mean-reversion methods. With this tool, traders can enhance decision-making, optimize entries and exits, and navigate both trending and ranging markets more effectively.
The Smart Signals Assistant, developed by AlgoAlpha, is a robust trading tool designed to empower traders of all levels with a flexible, customizable overlay indicator. Built on proprietary logic, this tool can integrate seamlessly with other indicators or be used as a standalone tool and offers powerful market insights, enabling users to tailor their trading strategy by combining different components for unique strategies. Whether you focus on trend-following or mean-reversion strategies, the Smart Signals Assistant is optimized to support you across various market conditions.
Core Features
1. Trend Cipher Component (Trend Identification and Bar Coloring):
The Trend Cipher is the core feature of the Smart Signals Assistant. It offers an intuitive method to detect trends by displaying clear visual signals, such as arrows ("▲" for bullish trends and "▼" for bearish trends). Additionally, signal strength indications are also included where the arrows will have a '+' sign to signify a strong trend, a strong signal is determined when the volatility of prices are increasing. the candlesticks are color-coded to reflect market conditions—green for bullish, red for bearish, and gray when the market is ranging, ranging markets are marked when the prices end up retracing in the opposite direction after a signal is sent, indicating that buyers/sellers are not ready to continue the trend yet. These added layers of confluence allows users to judge if signals provided by the Trend Cipher are high probability signals.
- Exit Signals: "X" marks indicate potential take-profit points when momentum is waning. Users can set a maximum number of exit signals, allowing for greater control over trade management and predictable exit strategies.
- Customization: Users can adjust the period length for the Trend Cipher to suit different market conditions and strategies. For example, a shorter period is more sensitive and responsive to quick shifts in trends, while a longer period offers more stable signals for long-term traders.(longer periods shown below)
2. Trend Bias Component (Long-term Trend Filter and Confirmation):
The Trend Bias acts as a trend confirmation tool. It comes in the form of a smooth band that reflects the central tendency of price movements. It provides a more comprehensive view of whether the price is trend up or down, as well as whether the price is trending strongly or not. It does so by checking if the current momentum of price is stronger relative to the average momentum over a period of time.
As mentioned earlier, the Trend Bias can also act as a marker of central tendency, meaning that users can use the Trend Bias as a dynamic take-profit zone when executing reversal trades.
- When aligned with the Trend Cipher, the Trend Bias helps traders differentiate between strong and weak trends. Bright colors signify a robust trend, while subdued colors signal weakening momentum. This helps users avoid false signals and enter high-probability trades.
3. Fair Value Trail (Entry Optimization):
The Fair Value Trail is a zone-based component that helps users capture optimal entry points, such as when the market is overbought or oversold. By waiting for price retracements into the Fair Value Trail, traders can achieve better pricing and potentially maximize their profits. The Fair Value Trail is unique in the sense that it dynamically adjusts its width according to the market volatility so that the optimal entry area remains as relevant.
- This feature works in conjunction with the Trend Cipher by allowing users to wait for retracement before entering the trade, thus improving their risk-reward ratio.
4. Trend Spine (Range Detection and Filter):
The Trend Spine helps identify periods of price consolidation by flattening the price action into a rigid line. This helps traders avoid entering trades in choppy or directionless markets. The Trend Spine’s values remain unchanged during consolidations, alerting users when to refrain from trading due to a lack of trend direction.
- This feature integrates with other components, providing clearer signals for trading in trending markets while filtering out trades in ranging or consolidating markets.
5. Firmament Cloud (Reversal Zones):
The Firmament Cloud defines zones on the price chart that are considered extreme, indicating overbought or oversold conditions. Price reaching these zones suggests potential reversal points, giving traders additional confirmation to enter or exit trades. The separation of the upper and lower clouds as well of the width of each respective cloud are dynamically adjusted based on the aggressiveness of price movements coupled with user defined settings for some base parameters such as multipliers for separation and width.
- This component works well for traders using a mean-reversion strategy or those looking for early exits during overextended price movements.
Usage and Customization
The Smart Signals Assistant offers a flexible interface, making it simple to adjust settings such as indicator lengths, noise reduction factors, and display options. Key components, such as the Trend Cipher, Trend Bias, and Fair Value Trail, are highly customizable, allowing traders to create a unique trading system tailored to their specific needs. Tooltips accompany most inputs to help users quickly understand how to adjust the tool effectively.
Combining Components for Synergy
1. Trend Cipher and Trend Bias:
By combining the Trend Cipher with the Trend Bias, users receive both short-term and long-term trend confirmations. A bullish signal from the Trend Cipher, when aligned with an upward-trending Trend Bias, significantly enhances the likelihood of a profitable trade, minimizing the chances of acting on premature signals.
2. Fair Value Trail for Entry Optimization:
Rather than immediately acting on a Trend Cipher signal, users can wait for the price to enter the Fair Value Trail. This strategy ensures better entries at premium or discounted prices, maximizing potential returns.
3. Trend Spine for Range Detection:
The Trend Spine works alongside the Trend Cipher to keep traders out of consolidating markets. When the Trend Spine remains flat, it signals a ranging market, advising users to avoid trades during such periods.
4. Firmament Cloud for Reversal Points:
The Firmament Cloud identifies extreme market conditions, marking zones where traders should be cautious about entering trades. When combined with Trend Cipher signals, this component helps users pinpoint overbought or oversold markets, allowing for strategic entries and exits.
Conclusion
The Smart Signals Assistant is more than just a collection of individual indicators. It offers a comprehensive, multi-layered system that provides a deeper understanding of market dynamics, ranging from trend detection to reversal opportunities. The flexibility in customizing its various components allows traders to craft a strategy suited to their style, whether they prefer trend-following or mean-reversion methods. With this tool, traders can enhance decision-making, optimize entries and exits, and navigate both trending and ranging markets more effectively.
發行說明
Added Universal Alerts to increase the number of triggers covered while working around PineScript's limitations.發行說明
- Improved Input Settings UI with better input groups
- Added TP/SL levels for scalping exit targets
- Made Fair Value Trail width customizable
發行說明
- Added Machine Learning Trend Range Detector, a new component which classifies the markets into trending or ranging.appears on the bar coloring, and on the new data table.
- Added new data table, which shows a comprehensive summary of the indicator, all in one place
發行說明
Updated the inputs arrangement to add a new "master dashboard" to quickly enable/disable components.發行說明
Added new 'Optimal Entry Signals'發行說明
Introduced Fair Value Trail v2, signals come in much earlier, notable amount of noise has been removed, and signals do not lag more than FVT v1 even as a result of filtering more noise for a significant portion of the signals.發行說明
Updated color customization capabilities.發行說明
Added customization to data table size.發行說明
Added a TP count plot for backtesting.發行說明
V2.0.0 ChangelogNew Features
Advanced Alerts: Added a comprehensive multi-step conditional alert system.
Create complex alert sequences using any combination of indicator components.
Integrate up to 5 external data sources into alert conditions.
Reversal Signal Mode: Introduced a new "Reversal" mode to complement the existing "Trend" mode.
Dynamic TP/SL Levels: Implemented a new system for plotting dynamic Take-Profit and Stop-Loss levels with customizable multipliers and target counts.
Improvements & Changes
Core Engine: Overhauled the main "Smart Signals" logic, now offering distinct "Scalping" and "Swing" modes.
Confluence Components:
Improved 'Fair Value Trail' logic.
Improved 'Trend Spine' logic.
Improved 'Firmament Clouds' logic.
Improved 'Trend-Range Classifier' with a more robust detection model.
Exit Signals: Replaced the previous Take-Profit logic with a new, more responsive exit signal system.
Component Table: Enhanced the on-chart table to display average and current signal durations for each component.
Visuals:
Added new candle coloring modes: 'Trend Gradient' and 'Volume Gradient'.
Improved the visual distinction between normal and strong signals.
UI/UX
Settings Panel: Completely redesigned the indicator settings for a more intuitive and streamlined experience.
Simplified Inputs: Replaced most numerical inputs with simple 'Time Horizon' selections (e.g., Short, Medium, Long Term).
Table Position: Added an option to select the position of the on-chart component table.
發行說明
- Aesthetic update to the Firmament Clouds- Added input for custom alert message
發行說明
- added alert frequency input
- added custom alert message input
- removed boolean input from condition 1
發行說明
-Fixed alert frequency issues發行說明
- Fixed script to allow tags in alert messages發行說明
- Reorganised Alert Engine inputs for clarity- Renamed Alert Condition names for clarity
發行說明
- Removed Redundant Alert Condition Options發行說明
- Added an input to control the memory consumption of the Trend Range Classifier僅限邀請腳本
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除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。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
Get access to our indicator at https://algoalpha.io or visit https://discord.gg/xCmqTVRexz
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
🔱Get 50% off ALL PLANS!🔱(Ends soon!)
Code: HFD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Code: HFD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫AlgoAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。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
Get access to our indicator at https://algoalpha.io or visit https://discord.gg/xCmqTVRexz
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
🔱Get 50% off ALL PLANS!🔱(Ends soon!)
Code: HFD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Code: HFD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。