INVITE-ONLY SCRIPT

Angel Algo Premium

Updated
Angel Algo provides a set of tools, combined into one solution. Each tool complements each other and is made to uniquely support your trading decisions for your daily trading tasks. You can immerse yourself into our customizable tools to create your own strategies using them.

With Angel Algo you can:

* Find trend direction using three different algorithms designed for trend following, swing and intraday traders.
* Determine market sentiment, overall trends and volume with our full custom dashboard.
* Get real-time support and resistance levels plotted automatically
* Get trend confirmation using one of the two custom candle coloring algorithms

Trading signals

We have 3 different algorithms for entry signals you can choose from

Regular Buy And Sell Signals

Our regular Buy And Sell Signals are finding optimal times to enter for any security. This algorithm uses our original trend filter based on market volatility that adapts to different assets and market conditions.

We give traders the ability to adjust the sensitivity and aggression of these signals to market price changes, as well as the option to make them less sensitive to ranging markets so you can adjust to any market.

We added Auto Best Settings toggle to automatically optimize the settings for you if you'd like.
By adjusting the sensitivity and aggression parameters you can adopt the signal algorithm to different trading styles. For trend following which tries to capitalize on longer trends you should make the signals to be less frequent by adjusting this parameters. The settings that lead to more frequent signals suit to swing trading style.

Strong Signals Algorithm

The Strong Signals use an algorithm based on trend filtering coupled with confirmation signal based on higher time frame trend direction. It finds "Strong" buy or sells that are a tad different from the regular buy & sell signals you will see, a lot of the time they land on top of each other which can be used as an extra confirmation tool. Traders can also use this as a stand alone on higher timeframes.

Angel Intraday algorithm

We constantly try to push Pine script to its limits developing new features. Angel Intraday is our machine learning algorithm in beta that scans for intraday contrarian signals.
To find entry points it forecasts price range for a trading session using linear regression analysis and Kalman filtering.
If an asset is trading 24 hours a day it works with 12 hour sessions, for stocks it forecasts a price range for 7 hour trading sessions which represent the full trading day.
You can use this algorithm to get intraday trading signals for any asset. One of the advantages of this algorithm is that it gives identical signals for all intraday timeframes. The optimal time frames to view the signals and to enter positions are any.

What is the information in our Dashboard?

We offer real-time dashboard showing useful information to analyze market conditions:

- Angel Algo Trend Detection
- Directional Movement
- Angel Cloud for moving average detection
- Relative Volume
- Overall Market Sentiment

All of this information is aimed to help traders understand when the market regime is changing. The first three features help you to judge about trend strength. Relative volume shows current activity of market participants. Overall market sentiment reflects the actual bias for market direction.
Trend weakness, low market activity and neutral sentiment are the signs that can help you in early detecting of ranging market and avoid false trend signals or switch to contrarian mode.

The tools provided by Angel Algo are designed to help you perform rational actions based on the market data in a systematic way and to reduce emotional factor in your trading.

Using this script, please, keep in mind that that past performance does not necessarily represent future results and that there are trading.
Release Notes
* Updated settings look to make easier to read
Release Notes
-Update to real time trendlines
Release Notes
- Adding Combined Alerts

The combined alert is a single alert that incorporates multiple conditions. This allows bypassing the limit of one alert for free TradingView users.

Creating Combined Alerts
In order to create a combined alert go to the Angel Algo settings, and scroll down to the Combined Alert section. Toggle all the conditions you want to include in your Combined Alert. Now create a new alert, in the first Condition drop-down menu select the Angel Algo indicator, in the second drop-down menu select Combined Alert, you can then create the alert.

Updating Combined Alerts
If you already set a combined alert and want to change the indicator settings or want to change the set of conditions included in your Combined Alert. You need to delete the existing alert, make all changes in the Angel Algo settings and just create a new Combined Alert as described in the previous section.
Release Notes
- Bugs

- Update to calculations

- update to coloring
Release Notes
- Added Trend Rider It helps to stay in longer trends and withstand choppy swings also can be used to filter trade entries as well

- Updated Dashboard, It uses the up-to-date AngelAlgo algorithms and made it smarter. Now it can tell the user the more detailed information about market regime - when the trend is weak and when it is in correction.
Release Notes
📢 Release Notes: Angel Algo - Signals & Metrics™ Refresh Now Live! 📢

Dear Traders,

We're thrilled to announce the release of Angel Algo - Signals & Metrics™ Refresh, the latest upgrade to our cutting-edge trading script! This refresh is more than just a simple update – it's a game-changer that introduces a host of new features and enhancements to revolutionize your trading experience.

Here's what you can expect from the Signals & Metrics™ Refresh:

💎 Enhanced Signal Modes: Our signal modes have undergone a major overhaul, delivering even more accurate and reliable trading signals. Whether you’re a novice trader or a seasoned pro, you’ll appreciate the precision and effectiveness of our updated signal modes.

🌟 Sleeker User Interface: We've given our interface a makeover, making it more intuitive and user-friendly than ever before. Navigate your trading setup with ease and enjoy a seamless experience from start to finish.

📈 Dynamic Take Profit Levels: Say goodbye to static take profit targets! With our new dynamic take profit levels, you can adapt your strategy on the fly to capitalize on changing market conditions.

🎯 Personalized Auto Best Settings: Customize your settings to match your trading style with our revamped Auto Best Settings feature. Tailor your preferences for a more personalized trading experience.

🎨 Expanded Bar Coloring Options: Choose from three new bar coloring options to customize your charts exactly how you like them. Whether you prefer a classic look or something more vibrant, we've got you covered.

🕯️ Advanced Candle Pattern Detection: Our enhanced candle pattern detection algorithms now offer even greater accuracy, helping you identify key market trends and opportunities with precision.

Upgrade to Angel Algo - Signals & Metrics™ Refresh today and discover the difference for yourself. Take your trading to new heights with our powerful new features and enhancements!

Happy Trading!

Check out the picture below of a overall look into our Indicator.

snapshot

Release Notes
Bug Fix
algoalgotradingangelmetricsMoving AveragestoolkitTrend AnalysistrendpatternVolume

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact AngelAlgo for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Access our exclusive tools at: angelalgo.com Join our community via discord.gg/FGUTfkmYbW All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.

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Access our exclusive tools at: angelalgo.com

Join our community via discord.gg/FGUTfkmYbW

All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.
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