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INVITE-ONLY SCRIPT

Algo Trader Intraday Tool

4 590
Algo Trader Intraday Tool is a script that detects the trend and determines entry into the market based on price action / strength. To detect the trend, the volatility metric is used and is based on 2 standard deviations, one fast and one slow. The value of the fast standard deviations, will allow the indicator to be closer to the price, else the metric will be closer to the slow standard deviation which helps the indicator from changing trend and giving the expected results.

Additionally the tool is designed to monitor the strength of the market using more than 5 built-in indicators and thus making a firm alert for BUY and Sell. Also clients will get an option to customize Four EMA to re-check the quality of alerts generated by this tool.

Since the tool is designed for Intraday, Every start of the day is marked with a vertical violet line, which makes it easier to check the past performance of this tool.

Algo Trader Intraday Tool is designed and tested for Indian stock market (NSE, BSE and MCX ).

Tool is designed to use for Intraday trading only. 3 or 5 mins time frame charts are recommended to use.

Use the instruction below to obtain access to this indicator

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Algo-Trader directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

Algo-Trader
Also on:
algotraderintradaytradingMoving AveragesOscillatorsTrend Analysis

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.
algotraderintradaytradingMoving AveragesOscillatorsTrend Analysis

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Algo-Trader directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

Algo-Trader
Also on:

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.