Smart Signals Assistant [AlgoAlpha]

2024년 9월 10일

🟠OVERVIEW
The Smart Signals Assistant is a comprehensive, all-in-one trading toolkit designed to provide a complete analytical framework on your chart. It is built around a primary signal engine that generates trend and reversal signals, enhanced by a suite of five optional "confluence" indicators that provide deeper market context.

This script is highly modular, allowing you to build a personalized dashboard. You can use the main signals for entries, add a machine-learning classifier to check if the market is trending, overlay dynamic support/resistance clouds, and manage your trades with on-chart take-profit and stop-loss levels. The system is tied together with a powerful, multi-step alert builder that lets you create custom alert conditions from any combination of the script's components.

🟠CONCEPTS
This indicator is a collection of several distinct systems working together. The combination is designed to allow traders to build a complete strategy—from signal generation to confirmation and trade management—within a single tool. Here are the core concepts behind them:

• Smart Signals Engine: This is the heart of the indicator and operates as a hybrid with two distinct modes. The "Swing" mode uses a proprietary model that analyzes price stability and volatility to identify stable, longer-term trends. The "Scalping" mode uses a more responsive machine-laerning trend system that dynamically adapts its parameters based on learned market 'states' to real-time changes in market conditions, making it better suited for faster, lower-timeframe movements.
  
• Fair Value Trail (FVT): This is not a simple moving average. It's a volatility-based trail that helps identify dynamic zones of support and resistance. The concept is to track a "fair value" price, derived by analyzing price levels with significant volume activity, providing logical areas for entries or trailing stop-loss adjustments.
  
• Trend Spine: This component calculates a core trend backbone. Its purpose is to cut through short-term noise and provide a clearer, more stable view of the underlying primary trend direction by filtering out price action during periods of low directional momentum.
  
• Trend Bias: This is a band that measures the strength and weakness of the current price momentum. It visualizes whether bullish or bearish pressure is accelerating or decelerating by comparing recent momentum to its historical average, which is useful for confirming the conviction behind a move.
  
• Firmament Clouds: These are dynamic zones plotted on the chart that act as potential areas of support and resistance. Unlike static lines, these clouds expand and contract based on market volatility, providing an adaptive view of key price zones where the market may be overextended.
  
• Trend-Range Classifier (TRC): This is a machine learning model that analyzes multiple market characteristics (like volatility and momentum patterns) in real-time. It classifies the current market environment as either "trending" or "ranging," helping you decide which strategy to apply and filter signals that are inappropriate for the current conditions.
  

🟠FEATURES

1. Trend & Reversal Signals: Configure the main engine to provide either trend-following signals or potential counter-trend reversal signals. Signals are categorized as "Normal" or "Strong" to indicate conviction.
   
2. Advanced Candle Coloring: Choose from multiple candle coloring modes, including static trend colors, a color gradient based on momentum, or a gradient based on volume. Also includes an option to highlight ranging markets with gray candles.
   
3. Automated Trade Management: Enable on-chart Take-Profit and Stop-Loss levels that are automatically calculated when a signal appears. These are visualized with colored risk/reward zones.
   
4. Component Status Table: A customizable on-chart dashboard that shows the live status, direction, and signal duration for every active component, giving you a complete overview at a glance.
   
5. Powerful Multi-Step Alert System: Build highly specific, custom alerts. You can combine dozens of built-in conditions from all components using AND/OR logic across a sequence of up to 7 steps.
   
6. External Alert Integration: The alert system can incorporate up to five external sources, allowing you to mix conditions from this script with your other favorite indicators.
   

🟠USAGE
This script is designed to be adapted to your personal trading style by combining components to build a complete strategy. The synergy between the components is key to its usefulness. Here is a general workflow:

1. Initial Configuration: Start by enabling the core "Smart Signals" in the settings. Choose your preferred "Smart Signals Mode" (Swing or Scalping) and "Signal Mode" (Trend or Reversal) based on your strategy and timeframe.
   
2. Adding Confluence for Reliability: To increase the reliability of signals, enable one or more confluence tools. For example, a trend trader can enable the "Trend-Range Classifier" and decide to only consider signals that appear when the market is classified as "Trending." You could further enhance this by also enabling the "Fair Value Trail" and only taking buy signals that occur near or above the trail. This demonstrates how combining components filters for higher-quality setups.
   
3. Reading the Visuals: A standard "▲" or "▼" represents a normal signal, while a "+▲" or "+▼" indicates a strong signal with higher conviction. Use the candle colors to gauge the momentum within the trend.
   
4. Managing Trades: If you enable "Take-Profit Levels" and "Stop-Loss Level," the script will automatically plot these on your chart when a signal appears. This can help you pre-plan your risk and potential targets. The exit signals ("x") can be used as a suggestion for taking partial or full profits.
   
5. Setting Up Custom Alerts for High-Probability Setups: For a high-probability setup, navigate to the "Alerts" tab. You can create a sequence that combines multiple components to fire only on your ideal conditions. For instance:
   
   • Step 1: "Smart Signals Strong Bullish Signal [Trigger]"
     
   • Step 2: "Market Is Trending [State]" AND "FVT In Bullish Trend [State]"
     
   
   This alert would only trigger when a strong buy signal occurs while the TRC confirms a trend and the price is in a favorable position relative to the Fair Value Trail, effectively filtering out lower-quality signals by demanding agreement between multiple, conceptually different components.
   

2024년 9월 19일

릴리즈 노트

Added Universal Alerts to increase the number of triggers covered while working around PineScript's limitations.

2024년 9월 30일

릴리즈 노트

• Improved Input Settings UI with better input groups
  
• Added TP/SL levels for scalping exit targets
  
• 
• Made Fair Value Trail width customizable
  
• 

2024년 10월 14일

릴리즈 노트

- Added Machine Learning Trend Range Detector, a new component which classifies the markets into trending or ranging.
appears on the bar coloring, and on the new data table.


- Added new data table, which shows a comprehensive summary of the indicator, all in one place

2024년 10월 26일

릴리즈 노트

Updated the inputs arrangement to add a new "master dashboard" to quickly enable/disable components.

2024년 10월 28일

릴리즈 노트

Added new 'Optimal Entry Signals'

2024년 10월 30일

릴리즈 노트

Introduced Fair Value Trail v2, signals come in much earlier, notable amount of noise has been removed, and signals do not lag more than FVT v1 even as a result of filtering more noise for a significant portion of the signals.

2024년 11월 15일

릴리즈 노트

Updated color customization capabilities.

2월 2일

릴리즈 노트

Added customization to data table size.

5월 11일

릴리즈 노트

Added a TP count plot for backtesting.

6월 19일

릴리즈 노트

V2.0.0 Changelog

New Features

Advanced Alerts: Added a comprehensive multi-step conditional alert system.

Create complex alert sequences using any combination of indicator components.

Integrate up to 5 external data sources into alert conditions.

Reversal Signal Mode: Introduced a new "Reversal" mode to complement the existing "Trend" mode.

Dynamic TP/SL Levels: Implemented a new system for plotting dynamic Take-Profit and Stop-Loss levels with customizable multipliers and target counts.

Improvements & Changes

Core Engine: Overhauled the main "Smart Signals" logic, now offering distinct "Scalping" and "Swing" modes.

Confluence Components:

Improved 'Fair Value Trail' logic.

Improved 'Trend Spine' logic.

Improved 'Firmament Clouds' logic.

Improved 'Trend-Range Classifier' with a more robust detection model.

Exit Signals: Replaced the previous Take-Profit logic with a new, more responsive exit signal system.

Component Table: Enhanced the on-chart table to display average and current signal durations for each component.

Visuals:

Added new candle coloring modes: 'Trend Gradient' and 'Volume Gradient'.

Improved the visual distinction between normal and strong signals.

UI/UX

Settings Panel: Completely redesigned the indicator settings for a more intuitive and streamlined experience.

Simplified Inputs: Replaced most numerical inputs with simple 'Time Horizon' selections (e.g., Short, Medium, Long Term).

Table Position: Added an option to select the position of the on-chart component table.

6월 20일

릴리즈 노트

- Aesthetic update to the Firmament Clouds
- Added input for custom alert message

6월 21일

릴리즈 노트

• added alert frequency input
  
• added custom alert message input
  
• removed boolean input from condition 1
  

6월 23일

릴리즈 노트

-Fixed alert frequency issues

6월 25일

릴리즈 노트

- Fixed script to allow tags in alert messages

6월 29일

릴리즈 노트

- Reorganised Alert Engine inputs for clarity
- Renamed Alert Condition names for clarity

6월 29일

릴리즈 노트

- Removed Redundant Alert Condition Options

6월 29일

릴리즈 노트

- Added an input to control the memory consumption of the Trend Range Classifier

7월 5일

릴리즈 노트

- Added an option to disable candle coloring

7월 6일

릴리즈 노트

small alerts update

7월 26일

릴리즈 노트

- Fixed a small bug in the table

8월 10일

릴리즈 노트

Added export plots for TP and SL levels

8월 18일

릴리즈 노트

- Added a new mode for TP/SL distances (users can now choose TP/SL distances based on percentage or volatility)

8월 19일

릴리즈 노트

- Rearranged visuals so crucial plots appear in the top 20 and remain selectable as placeholders when setting alerts