Blue Algo

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📘 Blue Algo - Bitcoin Trading Indicator

Blue Algo is a professional trading indicator specifically designed for Bitcoin (BTC) on the 15-minute timeframe. It combines proprietary algorithms with intelligent signal generation to identify high-probability trading opportunities.

🎯 KEY FEATURES:

- Advanced Signal System: Generates precise buy/sell signals using proprietary price analysis methods
- 5-Level Take Profit Strategy: Automated TP levels at $400, $800, $1,200, $1,600, and $2,000 price movement from entry (chart points, not dollar profit)
- Risk Management: Maximum stop loss capped at $1,700 price movement to protect capital (chart points, not dollar loss)
- Peak Profit Tracking: Monitors the highest profit reached during each trade
- Real-time Alerts: Instant notifications for entries, stop loss, and all TP levels
- Comprehensive Statistics Panel: Displays win rate, profit factor, net profit, and trade performance
- Customizable Lot Size: Adjust position size with automatic point value calculation for actual dollar profit/loss
- Visual Trade Lines: Clear entry, SL, and TP lines with price labels

📊 STATISTICS TRACKED:

- Total Trades, Winning/Losing Trades
- Win Rate Percentage
- Net Profit & Profit Factor (in dollars based on lot size)
- Best Peak Profit (highest unrealized profit)
- Worst SL Trade
- Current Risk:Reward Ratio

⚙️ SETTINGS:

- Show Old Trades: Toggle historical trade visibility
- Statistics Panel Position: Top, Middle, or Bottom
- Lot Size: Customizable from 0.001 BTC (determines dollar value per point movement)

🎨 TRADING LOGIC:

LONG Entry: Generated when the proprietary algorithm detects optimal bullish momentum conditions
SHORT Entry: Triggered when the system identifies high-probability bearish setups

The indicator uses advanced price action analysis combined with multi-factor confirmation to filter out false signals and capture high-quality trading opportunities.

📌 IMPORTANT NOTE:
The TP levels ($400, $800, etc.) and SL ($1,700) represent Bitcoin PRICE MOVEMENT on the chart, not profit/loss amounts. Your actual profit or loss in dollars is calculated by multiplying the price movement by your lot size. For example, with 0.1 BTC lot size, a $400 price movement = $40 actual profit.

⚠️ REQUIREMENTS:
- Only works on Bitcoin (BTC) pairs
- Must use 15-minute timeframe
- Warning messages appear if conditions aren't met

💡 PERFECT FOR:
Traders seeking a systematic approach to Bitcoin trading with clear entry/exit rules and comprehensive performance tracking.

🔒 NO REPAINT - CONFIRMED SIGNALS ONLY

✅ All signals generated after candle close
✅ No disappearing or changing signals
✅ Backtesting = Real-time performance
✅ 100% Reliable alerts

What you see is what you get - Trade with confidence!

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Note: This indicator is for educational purposes. Always practice proper risk management and never risk more than you can afford to lose.

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Update alerts to be immediate and non-recurring

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