INVITE-ONLY SCRIPT
VisionAlgo
Purpose: A multi-functional trading indicator that combines trend analysis, market structure, support/resistance zones, supply/demand levels, signal generation, risk management (TP/SL), and a visual dashboard for informed trading decisions.
1. Signal Generation
VisionAlgo provides buy and sell signals based on several technical filters:
SuperTrend Signals:
Calculated using a customizable ATR-based supertrend formula.
Generates bullish signals when price crosses above the supertrend and bearish signals when price crosses below.
Signals can be filtered into Normal and Strong signals depending on trend alignment with EMA/SMA filters.
Moving Average Filter:
Users can apply a moving average filter (SMA, EMA, WMA, VWMA, HMA) to validate signals.
Ensures trades align with the broader trend.
Signal Sensitivity & Mode:
Adjustable sensitivity (1–15) to control frequency of signals.
Signal Mode options: All, Normal, or Strong.
Candle Coloring:
Bars can be automatically colored bullish or bearish based on active signals for quick visual reference.
2. Trend and Market Structure Indicators
EMA Trend Confirmation:
200-period EMA serves as a long-term trend filter.
Signals above EMA reinforce bullish bias, signals below reinforce bearish bias.
Linear Regression & Trend Slopes:
Calculates slope, intercept, and deviations of price to detect potential reversal zones and trend direction.
Power MA / Trend Ribbon / Cirrus Cloud:
Optional advanced trend indicators that provide layered confirmation of market direction.
Auto Trend Lines:
Draws trend lines automatically based on swing highs/lows for visual trend guidance.
3. Support/Resistance & Supply-Demand Zones
EzAlgo SR Levels:
Dynamically detects support/resistance levels using pivot highs/lows.
Zones can be extended and colored differently based on bullish/bearish conditions.
Supply/Demand Zones (POI):
Tracks high/low swings to mark supply and demand areas.
Uses ATR-based buffers for box sizing.
Prevents overlapping zones and highlights breakout-of-structure (BOS) events.
Reversal Bands / Retest Zones:
Multi-layered bands around price to detect potential reversal and retest zones using ATR or True Range multipliers.
4. Risk Management – TP / SL System
Entry, Stop Loss, and Take Profit Levels:
Automatically calculates and plots TP1, TP2, TP3 based on ATR multiples.
Stop Loss dynamically adjusts depending on trade direction and risk multiplier.
TP/SL Breakout Labels:
Labels appear on the chart when price hits a TP or SL level for instant trade feedback.
Customizable Colors for Visualization:
Different colors for entry, SL, TP levels for clarity.
5. Dashboard Functionality
Multi-Timeframe Trend Overview:
Displays trend direction across multiple timeframes (1h, 2h, 4h, 8h, Daily).
Uses EMA to define bullish/bearish trend for each timeframe.
Current Position and Trend Summary:
Shows active position (Buy/Sell) and current trend in a compact table on the chart.
Background color dynamically changes to green/red based on bullish/bearish bias.
6. Advanced Features
Trailing Stop Loss (Optional):
Can enable dynamic trailing stops to lock profits.
Reversals & Reversal Bands:
Highlight potential market turning points using multi-period ATR bands.
Trend Line Customization:
Line color, width, style, and extendable endpoints for visual trend analysis.
Volume / Range Filters:
Incorporates filters based on price consolidation and breakout strength.
7. Code Structure Highlights
Input Section:
All major user inputs are grouped logically (Buy/Sell, Indicators, TP/SL, Dashboard, Trend Lines, etc.).
Signal Logic:
Computes bullish and bearish signals based on supertrend and moving averages.
Differentiates normal and strong signals for precision.
Position Tracking:
Keeps track of long/short positions and whether TP levels have been hit.
TP/SL Logic:
Uses ATR-based multipliers for dynamic risk management.
Plots horizontal lines and labels for each TP and SL.
Support & Resistance Logic:
Detects pivot highs/lows for SR levels.
Uses arrays to manage dynamic lines and zone fills.
Supply/Demand Zone Logic:
Avoids overlapping zones with ATR buffer.
Marks breakout-of-structure (BOS) zones when price breaks key levels.
Dashboard Logic:
Creates a visual table with current position, trend, and timeframe analysis.
1. Signal Generation
VisionAlgo provides buy and sell signals based on several technical filters:
SuperTrend Signals:
Calculated using a customizable ATR-based supertrend formula.
Generates bullish signals when price crosses above the supertrend and bearish signals when price crosses below.
Signals can be filtered into Normal and Strong signals depending on trend alignment with EMA/SMA filters.
Moving Average Filter:
Users can apply a moving average filter (SMA, EMA, WMA, VWMA, HMA) to validate signals.
Ensures trades align with the broader trend.
Signal Sensitivity & Mode:
Adjustable sensitivity (1–15) to control frequency of signals.
Signal Mode options: All, Normal, or Strong.
Candle Coloring:
Bars can be automatically colored bullish or bearish based on active signals for quick visual reference.
2. Trend and Market Structure Indicators
EMA Trend Confirmation:
200-period EMA serves as a long-term trend filter.
Signals above EMA reinforce bullish bias, signals below reinforce bearish bias.
Linear Regression & Trend Slopes:
Calculates slope, intercept, and deviations of price to detect potential reversal zones and trend direction.
Power MA / Trend Ribbon / Cirrus Cloud:
Optional advanced trend indicators that provide layered confirmation of market direction.
Auto Trend Lines:
Draws trend lines automatically based on swing highs/lows for visual trend guidance.
3. Support/Resistance & Supply-Demand Zones
EzAlgo SR Levels:
Dynamically detects support/resistance levels using pivot highs/lows.
Zones can be extended and colored differently based on bullish/bearish conditions.
Supply/Demand Zones (POI):
Tracks high/low swings to mark supply and demand areas.
Uses ATR-based buffers for box sizing.
Prevents overlapping zones and highlights breakout-of-structure (BOS) events.
Reversal Bands / Retest Zones:
Multi-layered bands around price to detect potential reversal and retest zones using ATR or True Range multipliers.
4. Risk Management – TP / SL System
Entry, Stop Loss, and Take Profit Levels:
Automatically calculates and plots TP1, TP2, TP3 based on ATR multiples.
Stop Loss dynamically adjusts depending on trade direction and risk multiplier.
TP/SL Breakout Labels:
Labels appear on the chart when price hits a TP or SL level for instant trade feedback.
Customizable Colors for Visualization:
Different colors for entry, SL, TP levels for clarity.
5. Dashboard Functionality
Multi-Timeframe Trend Overview:
Displays trend direction across multiple timeframes (1h, 2h, 4h, 8h, Daily).
Uses EMA to define bullish/bearish trend for each timeframe.
Current Position and Trend Summary:
Shows active position (Buy/Sell) and current trend in a compact table on the chart.
Background color dynamically changes to green/red based on bullish/bearish bias.
6. Advanced Features
Trailing Stop Loss (Optional):
Can enable dynamic trailing stops to lock profits.
Reversals & Reversal Bands:
Highlight potential market turning points using multi-period ATR bands.
Trend Line Customization:
Line color, width, style, and extendable endpoints for visual trend analysis.
Volume / Range Filters:
Incorporates filters based on price consolidation and breakout strength.
7. Code Structure Highlights
Input Section:
All major user inputs are grouped logically (Buy/Sell, Indicators, TP/SL, Dashboard, Trend Lines, etc.).
Signal Logic:
Computes bullish and bearish signals based on supertrend and moving averages.
Differentiates normal and strong signals for precision.
Position Tracking:
Keeps track of long/short positions and whether TP levels have been hit.
TP/SL Logic:
Uses ATR-based multipliers for dynamic risk management.
Plots horizontal lines and labels for each TP and SL.
Support & Resistance Logic:
Detects pivot highs/lows for SR levels.
Uses arrays to manage dynamic lines and zone fills.
Supply/Demand Zone Logic:
Avoids overlapping zones with ATR buffer.
Marks breakout-of-structure (BOS) zones when price breaks key levels.
Dashboard Logic:
Creates a visual table with current position, trend, and timeframe analysis.
Skrypt tylko na zaproszenie
Dostęp do tego skryptu mają wyłącznie użytkownicy zatwierdzeni przez autora. Aby z niego korzystać, należy poprosić o zgodę i ją uzyskać. Zgoda jest zazwyczaj udzielana po dokonaniu płatności. Więcej informacji można znaleźć w instrukcjach autora poniżej lub kontaktując się bezpośrednio z VWAPVISION.
TradingView NIE zaleca płacenia za skrypt ani korzystania z niego, jeśli nie ma pełnego zaufania do jego autora i nie rozumie się zasad jego działania. Można również znaleźć darmowe, otwartoźródłowe alternatywy w skryptach społeczności.
Instrukcje autora
join my discord for more information https://discord.gg/EGYPZMBgaa
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt tylko na zaproszenie
Dostęp do tego skryptu mają wyłącznie użytkownicy zatwierdzeni przez autora. Aby z niego korzystać, należy poprosić o zgodę i ją uzyskać. Zgoda jest zazwyczaj udzielana po dokonaniu płatności. Więcej informacji można znaleźć w instrukcjach autora poniżej lub kontaktując się bezpośrednio z VWAPVISION.
TradingView NIE zaleca płacenia za skrypt ani korzystania z niego, jeśli nie ma pełnego zaufania do jego autora i nie rozumie się zasad jego działania. Można również znaleźć darmowe, otwartoźródłowe alternatywy w skryptach społeczności.
Instrukcje autora
join my discord for more information https://discord.gg/EGYPZMBgaa
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.