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RiskyInvesting Algo PRO

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RiskyInvesting Algo PRO
A premium multi-layer trend-following and momentum-confirmation system built on Heikin-Ashi candles, dual adaptive ATR trailing baselines, and intelligent multi-filter signal validation. The PRO version expands the core 5-parameter foundation with 4 additional advanced parameters, delivering significantly sharper entries, reduced false signals, and deeper market context for disciplined trend-flip trading.This model uses 9 parameters (vs 5 in the Free version), offering greater customization and precision. For more info, follow me on Twitter/X.

Disclaimer:
  • Must be used with Heikin-Ashi candle type.
  • Designed to complement your existing trading system. Signals and labels are not financial advice.

Core Features (Shared with Free Version):
  • Heikin-Ashi Transformation: Smooths noise for clearer trend structure.
  • Dual Adaptive Trailing Baselines: ATR-based dynamic support/resistance lines (Parameters 1 & 2) that flip direction on confirmed breaks.
  • Directional Shift Detection: Buy/sell signals triggered by synchronized baseline flips.
  • Trend Bias Filtering: EMA vs SMMA relationship colors signals and defines macro bias.
  • Candle Strength Filter (Parameter 5): Requires meaningful momentum candles (≥30% of ATR body) for signal validity.

Exclusive PRO Version Upgrades:
  • Parameter 6: EMA/SMMA Proximity Filter
    Highlights periods of indecision when the EMA and SMMA are extremely close (tick-based threshold, auto-adjusted by timeframe). Background turns semi-transparent purple to warn of unclear bias and discourage trading.
  • Parameter 7: Signal Mode Selection
    Choose between Default (baselines can flip on separate candles) or Strict (both baselines must flip on the same candle) for higher-conviction entries.
  • Parameter 8: Retest Filter
    Optional confirmation requiring price to retest the prior candle’s high/low (with buffer) after a flip, filtering out weak breakouts and improving win rate on reversals.
  • Parameter 9: Multi-Timeframe BB/KC Squeeze Filter
    Monitors up to 7 higher timeframes (preset or user-customizable) for concurrent BB/KC squeezes — a powerful consolidation detector.
    - Visual squeeze counter at chart bottom (color-coded by intensity).
    - Real-time squeeze status table (toggleable).
    - High squeeze count (5–6+) triggers strong purple consolidation warning.

Enhanced Visual & Alert System (PRO Exclusive):
  • Smart Color-Coded Labels: Green/Blue (bullish), Red/Orange (bearish), or Purple (caution) based on bias, proximity, squeeze state, or counter-bias entries.
  • Star Rating on Signals: 🌟 or 🌟🌟 indicates how many strength filters (body + retest) were passed.
  • Position Sizing Emojis in Alerts:
    🟩 = Full Position | 🟦 = Half Position
    🟥 = Full Position | 🟧 = Half Position
  • Purple Caution Alerts: Clearly explain consolidation, unclear bias, or risky counter-bias setups.
  • EMA/SMMA Crossover Bias Alerts: Notifies on major macro trend shifts.
  • Real-Time Intrabar Baseline Cross Alerts: Early warning when price crosses trailing lines mid-bar.

Built for serious traders seeking a highly refined, low-noise trend-reversal system with institutional-grade filters, multi-timeframe awareness, and crystal-clear visual feedback — ideal for volatile intraday and swing setups.

Release Notes
Internal changes to reflect version number

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.