It's finally that time, I'm releasing my baby out into the world. Unreal Algo is the answer to the question you didn't know you were asking. It's for beginners and advanced traders alike. I've made the settings very customizable, but also easy to just jump right in.
How it works: It uses tons of calculations, confirmations, and filters to bring you the most accurate predictive algorithm possible. The algo will automatically adjust to different volatility in the market to still provide accurate signals and confirmation. It will automatically show support and resistance in real-time. A Moving Average cloud with speeds varying from extra fast to slow; they will help traders confirm whether they should stay in the trade. Also, I added 2 stoplosses, because the importance of risk management should always be emphasized even with strong accuracy.
Features:
---The Most Accurate Signals on the planet.
--------Buy/Sell, Up/Down direction change, and Red/Green arrows.
---MA cloud with beautiful color blend that can act as a confirmation of direction.
--------17 different types/versions of moving Averages to choose from.
--------Easy line transparency and toggle adjustments.
--------Easy cloud transparency adjustments.
---Support and Resistance.
---Advanced PSAR that will show red when bearish while in a bullish trend, and visa-versa.
---Potential Orderblocks that can be extended to show a grid (adding additional support/resistance information).
---Fibonacci Lines.
---Pivot bar that changes colors based on pivot direction.
---Resistance Breakout and Support Breakdown Signals.
---Relative volume & momentum bar coloring.
---Two Separate Stoplosses.
--------Circles change color and flip to top and red for Short, bottom and green for long.
--------Horizontal stoploss that tracks the price and flags to take profit. White for Long and Yellow for short.
---As always... Fully customizable.
Different customization options:
Without stoplosses and Support/Resistance.
Without Support/Resistance, arrows and psar removed.
Added back Support/Resistance, lightened MA cloud
Fully loaded (minus trailing stoploss)
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A few small aesthetic adjustments and updated author instructions.
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Added a few new calcs.
Tooltip added for line cleaning error. Potential Orderblock Spot is now toggled off by default.
Adjusted cloud lengths.
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Cleaned code - fixed some MA cloud calcs.
Added more great MA's
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Bringing a pre-release to this update!
Added Super Sar
Cleaned up the UI
Can now adjust colors/transparency of buy/sell & arrow signals.
More updates to come soon!
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Version 1.5 Release!
Featuring 4 Exceptional Filters: Trend, OB/OS, Momentum, and Swing Mode!!
Massive UI overhaul, much cleaner and better organized.
Now 27 MAs available for use on both MA clouds!
Enhanced some MA calculations.
Improved Stoplosses.
It's now easier to enter longer trades for beginners. Swing Mode is adjustable to allow for very conservative entries (default setting is recommended for beginners). Will soon have Even More features for beginners rolling out.
Cheers, Mike (UPRIGHT Trading)
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Alerts fixed. Now entirely prefilled. And have the ability to turn on and off the ones you want.
Bug fix on an MA.
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Small Calculation fixes
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Added tooltip for how to use alerts.
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Code cleanup
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Small adjustments
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Trending 2.0 = less chop
Toggled a few things off as defaults.
Added a bunch more calculations, which will probably be converted to signals in the next version to catch every big move.
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Unreal Algo 1.6 Update:
Trending 2.0 revamp.
TRC (complimentary) trend filter added.
Added a Bunch of new equations to add more (accurate as always) signals that can be trend filtered.
Removed clutter for now (i.e. supply and res and Super Sar).
Experimental SL removed.
UI updates.
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New feature - added Trend color to Volume + Momentum bars. Be sure to turn off candle borders with this on.
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**UPDATE to 1.7**
Calculation Fix on Trending 2.0 filter (much better now).
Some code cleaning and adjustments.
Remember: one of the best strategies to use is to get out of the trade as soon as the stoploss switches to the opposite color. Usually will start churning after this. Then prepare for your next Awesome entry. Cheers!
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Slight memory usage improvement. To help with current tradingview server lag.
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v1.75 Update:
Breakout lines off by default to show cleaner PA
Adjusted the Stoploss slightly and added some tooltips on hover.
Super simple strategy update: Only take the trade if the Stoploss color and the Pivot Bar color matches direction. The second the pivot bar color changes take profit (just like when Stoploss changes color). This will help you avoid getting chopped up.
Happy Trading.
Sincerely, Mike L.
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UPDATE: v1.76
Bug fix. More signals (accurate) should be showing. Cheers!
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Update v1.76.5
Calculation improvements.
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v1.75.6 update: -Turned breakout lines back on by default and made them less visible. -Made adjustments to MA cloud ribbons to show clearer support and resistance. -Added Simple Strat Rules to the top of settings. -Made Pivot Bar more visible.
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--Removed cluttering support and resistance lines that turned on while publishing.
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-Small Color adjustments for clarity.
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-Adjustments to the filters. -Small rule adjustments.
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Update 1.76.85
Added more information & rules regarding Simple Strat.
Directional now off by default; hover over its tooltip for details.
Added More signals (beta) - off by default. To be filtered by Algo.
More updates are being worked on. Getting the major ones out.
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Update v1.76.86:
Code optimizations.
Reduced loading time.
I will continue to work on this.
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-Added the Fib levels to settings.
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Unreal Algo 4.3.23 Update:
NEW: Exit - Take Profit (beta) signals.
NEW: The Simple Strat filter (for Unreal Algo Side - more updates to come).
"Simple Strat" laid out clearly.
"Add More Signals" - now default.
"Breakout/Breakdowns default back on!
Direction change removed.
Removed unnecessary MAs and Set default for easier use.
Code cleaning for speed.
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More Improvements
More triggers and Optimizations to Take Profits.
Changed "TP" to "E" for Exit.
Adjustments to TP the colors. Now it's clear which is which.
Addl. text in Settings.
Made the arrows smaller to make them less busy.
Guys - Remember the rest of the rules for the Simple Strat as chop is still not entirely accounted for without VTF.
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Update 4.4.23:
Separated the "Additional" B/S signals from the original thoroughly tested ones. --Normal ones are same color as before, the new ones are Darker and Slightly more transparent - They can be adjusted under "Buy / Sell Colors."
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Refined Take Profits Code
Added a 3rd TP color (TP2 will be the stronger version of TP3).
All colors are in inputs and easily adjustable.
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small adjustment.
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Unreal Algo 4.13.23 Update! -NEW: Pivot Bar Coloring (helps with direction by detecting how close price is to Pivoting the other direction) -Added a few "Alert Conditions" (right-click alerts) back.
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Forgot pic of new feature.
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Unreal Algo Update 5.1.23
--Buy/Sell 'boosters' (add more signals) now are in lower case.
--Some Algo Optimizations.
--Added Monochromatic RVMT bars option.
--NOTE: Waiting on TradingView to make some bug fixes to Pinescript math functions before adding VTFs chop filter and such.
Update 8.7.23: --Bringing Exits (exit reminders) out of beta. --Added More ML Signals. --Cleaned code. --Squashed some bugs. --Will probably need to start removing some visuals if I'm going to add much more ML sigs.
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--Small update. Will have another soon.
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UPDATE 8.22:
Separated Exit 2 & 3.
Improved Exit formulas.
Added corresponding Alerts.
Adjusted some defaults including Exits shown and exit color.
Other minor tweaks and changes.
& one for the HA fans:
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--Calculation adjustments.
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--Enormous amounts of code cleaning now with new TV restrictions. --Some optimizations and Bug fixes. --Update to prep for further ML.
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A few small fixes.
Small UI changes.
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--Exit Bug Fixes. --NEW! Disconnect Exits from Trade. --NEW! Add or Remove Closed Exits (via toggle - less exits on chart) --UI Cleaning. --More prep for new filter.
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--Quick fixes and adjustments.
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Release Notes UPDATE 7.16.24: -Adds and then filters more signals. -ML data added and consolidated. -Cleaned some of the code. -Filters should be a little quicker to load now. (Also, now they are able to turn off (bug fix). -UI adjustments and Options added (i.e. Pivot bar toggle). -Tooltip for Exits. -Simple Backtest Stat Table added.
UPDATE 8.30.24: --Now shows profit in table (approx.) --Some bug fixes. --Added Confirm ability to alerts. (instead of using bar close - this is a better option). --Please continue to use addon for full visuals.
Release Notes Nov 5 Main Updates: --Alerts. --Settings UI. --Code cleaning. --Performance code optimizations. ____________________________________
Major Update to Official Release: --Visual Add-ons are still separate, but I hope to integrate them back in soon. --Alerts: Now have the ability to be further customized within settings. --Bug fixes and enhancements. --MTF has been removed for now for consistent Alerts non-repaint. --Beta top and bottom detector added. --Ability to adjust Trendbar helps stay in the trade longer or know when to get out quicker. --Alert logic improvements. --Some additional filters are still in progress while consolidating ml data.