OPEN-SOURCE SCRIPT
Advanced Algo [From India]

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.**
**“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.**
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.