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.
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TradeSnipers。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TradeSnipers。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。