OPEN-SOURCE SCRIPT

Advanced Algo [From India]

190
Here is a **shortened, more concise, and TradingView-ready version** of the description, with
**“TG – SWIFT Algo V1.1” replaced by “Advanced Algo [From India]”** and explanations tightened while keeping clarity and professionalism.

---

🙏 Introduction & Gratitude

> *I have taken so much from this TradingView community over the years — ideas, learning, and inspiration.
> It’s time to give back a small contribution with gratitude.*

**Advanced Algo [From India]** is a **non-repainting, rule-based intraday indicator** designed primarily for **crypto markets**, optimized for **5-minute and 15-minute timeframes**.

The goal is to provide **clean signals, disciplined trade structure, and consistent execution logic**.

---

📌 Indicator Overview

**Advanced Algo [From India]**:

* Generates **confirmed BUY / SELL signals**
* Automatically plots **Entry, Take-Profit, and Stop-Loss levels**
* Maintains **one active trade at a time** to avoid over-trading
* Tracks results via a **lightweight statistics table**

This is a **decision-support tool**, not a prediction system or financial advice.

---

## ⚙️ High-Level Logic

### 1️⃣ Adaptive Moving Average Engine

The indicator compares two adaptive moving averages:

* **Fast MA** (close-based)
* **Slow MA** (open-based)

Selectable MA types:

* **TEMA**
* **Hull MA**
* **ALMA** (default – low lag & smooth)

A small **price delay** is applied to ensure **true non-repainting behavior**.

---

### 2️⃣ Signal Generation (Confirmed Bars Only)

* **BUY** → Fast MA crosses above Slow MA
* **SELL** → Fast MA crosses below Slow MA

Signals are generated **only after candle confirmation**.

---

### 3️⃣ Trade Lifecycle Control

Once a trade starts:

* Entry price is fixed
* TP & SL are calculated using percentage inputs
* No new trades are allowed until the current trade exits

This prevents signal clustering and emotional over-trading.

---

### 4️⃣ Intrabar TP & SL Handling

Although entries are bar-confirmed:

* **Take-Profit and Stop-Loss execute intrabar**
* Trades exit immediately when price is touched

This closely matches real-market behavior on lower timeframes.

---

## 📊 Visuals & Statistics

* **Blue** → Entry
* **Purple** → Take Profit
* **Maroon** → Stop Loss
* Green & red fills show reward and risk zones

Optional labels mark:

* Entries
* TP hits
* SL hits

A simple stats table tracks:

* Buy TP / Sell TP
* Buy SL / Sell SL

---

## ⏱ Recommended Usage

**Best suited for:**

* Crypto markets (BTC, ETH, liquid altcoins)
* **5m and 15m timeframes**
* Trending or moderately volatile conditions

**Tips:**

* Start with default settings
* Adjust TP & SL based on volatility
* Avoid low-volume or highly ranging markets

---

## 🔔 Alerts & Automation

The script includes structured alerts for:

* Entries
* TP & SL exits

These can be used for **manual alerts or automated execution workflows**.

---

## ⚠️ Disclaimer

* No indicator guarantees profits
* Always backtest and forward-test before live trading
* Proper risk management is essential

This script is shared **for educational and analytical purposes only**.

---

## 🤝 Closing Note

If this tool adds structure or clarity to your trading, then it has fulfilled its purpose.
Feedback and constructive suggestions are always welcome.

**Trade responsibly and stay disciplined.**

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.