Auto Candles Signal V2 With SL/TP & RRR by Surya Trading Tips

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This indicator provides precise Buy/Sell signals based on a series of same-colored candles — ideal for scalping and trend continuation setups.

🔍 Core Logic:
Detects N consecutive bullish or bearish candles (customizable from 1–5).

Generates a signal at the open of the next candle after confirmation.

Entry is based on the 4th candle's close; SL is set to the candle's high/low.

TP is calculated using a customizable Risk-Reward ratio (default: 1:3).

✨ Key Features:
🔁 Dynamic Risk-Reward Boxes (TP & SL areas are visually drawn on chart)

🔔 Real-time Alerts for Buy/Sell entries and TP hit

👁️ Blinking Signal Arrows during signal formation phase

🎨 Customizable arrow style, blink speed, and transparency

🛡️ Silent SL detection to reduce noise in alerts

💡 How to Use:
Best used with lower timeframes (1m–15m) for scalping

Combine with support/resistance, order blocks or volume analysis for high-probability setups

Adjust "Minimum Same Color Candles" input to filter weak trends or increase signal frequency

🔐 Why Closed-Source?
This script is closed-source to protect its unique combination of:

Real-time blinking arrow logic based on signal formation

Visual SL/TP zone plotting with clean aesthetics

Signal validation using multi-bar same-color detection

Branded TP alerts and silent SL reset logic

These features work together to offer a distraction-free, visual trading system that balances precision with simplicity.

⚠️ This tool is for educational purposes only and should not be considered financial advice. Always test before using in live markets.

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Note di rilascio

🔄 Update (v2.1) – Added Customizable SL Buffer %

You can now fine-tune the Stop Loss distance using a buffer percentage of the signal candle’s range. This helps avoid tight SL hits due to market wicks or volatility.

➕ New Setting: SL Buffer % (default: 10%)
✅ SL is now placed slightly beyond the candle’s high/low, calculated using the buffer.
🔁 All other logic and visuals remain unchanged.

📌 Ideal for scalpers and intraday traders who want smarter SL placement without sacrificing RRR.