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ProAlgo

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The ProAlgo indicator is a trend based indicator that uses an alternative calculation for ATR to determine buy and sell signals on all time frames. These buy sell signals are capture on the chart and alerted as such. The "TP" signals are based on a proprietary momentum oscillator similar to stochastics and ADX to determine where price is overextended in the direction of the trend. The signals indicate potential areas for getting out of the existing trade but do not guarantee the trend is over. Lastly there is the option to have automated support and resistance lines on all time frames.
Notes de version
In this version. We updated the table to show the trends of larger time frames. These trends are based on the same indicator.
Notes de version
Extensive updates where we added in an EMA cloud on the default settings, Reversion channels for additional confirmation of support and resistance, the ability to change your preference to day, swing, and scalp settings, automated fib retracement, and a warning candle overlay to signal potential reversal points. In addition we changed the default colors.
Notes de version
Added minor customization adjustments to default settings and color changing abilities.
Notes de version
This update we added Reversal alerts from the ProAlgo Oscillator, ability for 3 EMAs to be used, updated the Auto Fib feature as well as the ADR feature.
Notes de version
Added the ability to filter out the buy and sell signals based on a multi-time frame EMA. Also adde multi time frame alerts and removed the auto fib function.
Notes de version
V2.3: Added ProTrend feature which is a trend tracing indicator based on a series of moving averages and williams indicators.
Notes de version
V2.4 Added additional advanced EMA filtering for buy/sell alerts, a re congifuration of the side panel, a new Stop Loss feature and more customizeable alerts.
Notes de version
V2.4.1 fixes a couple minor bugs in filtering
Notes de version
V2.5 adds in multi time frame RSI and EMA cloud filters in addition to customization abilities for the reversion band opacity, TP symbols, and fixes several bugs.
Notes de version
V 2.5.1 added trailstop feature
Notes de version
Added trend and ranging mode.
Notes de version
Added new sniper mode and fixed some of the bugs in previous version.
Notes de version
added reversal zones
Notes de version
Fixed bug for inability to change colors
Notes de version
Improved code to increase load speed.
Notes de version
Introducing: Smart Ranges, Pattern Detection, Dynamic Take Profits, RSI Bands
Notes de version
Major Efficiency update, light menu work
Notes de version
- Error message fix

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