Currency Pairs: Any
Timeframes: Any
Minimum Deposit: Any
Recommended Account Type: ECN or Raw Spread
Leverage: From 1:30 to 1:1000
Recommend broker: Roboforex
Recommend Vps: GoVPSFX
Pro V3 SMRT Algo is a powerful TradingView indicator written in Pine Script version 5, designed for market analysis and providing trading signals. It is displayed over the chart (overlay = true) and integrates a variety of features, including buy/sell signals, risk management, support/resistance levels, supply and demand zones, and an interactive dashboard. The indicator is designed for traders looking to optimize their strategies across multiple timeframes, with an emphasis on accuracy and flexibility.
Key Features
1. Buy/Sell Signals
– Signal Modes: Supports three modes — “All”, “Normal” and “Strong” — allowing you to filter trading opportunities.
– Signal Sensitivity: Adjustable from 1–15, affects the frequency of signals (default is 5).
– Candle Colors: Optionally colors candles in bullish (#01d7ee) or bearish (#cd0542) color when there are signals.
– Moving Average (MA) Filter: Can use SMA, EMA, WMA, VWMA or HMA with 200 bars length to filter signals.
– Supertrend: Based on opening price, with a factor of 11 and user-defined sensitivity.
2. Risk Management (TP/SL)
– Enable TP/SL: Optional (default off), configurable.
– Take Profit Levels: Three levels (TP1, TP2, TP3) with multipliers based on ATR (14), default 3, 6 and 9 respectively.
– Stop Loss: Calculated as a multiple of TP1 (default 1.0) in the opposite direction from the entry point.
– Visualization: Displays lines and labels for entry points, SL and TP with customizable colors (e.g. #16a000 for TP, #d00010 for SL).
3. Additional Indicators
– Supply/Demand Zones: Identifies peak-based zones (Swing High/Low) with a width determined by ATR (300) and supports BOS (Break of Structure) zones.
– Power MA: Uses ZLEMA (Zero Lag EMA) with a length of 50 to smooth the trend, with colors #00e5ff (rising) and #ff0066 (falling).
– Market Structure: Displays HH (Higher High), LH (Lower High), HL (Higher Low), LL (Lower Low) with BOS/CHoCH lines.
– Support and Resistance (S/R): Automatically detects levels with zone visualization (#00e5ff for support, #ff0066 for resistance).
– Retest Cloud (Cirrus Cloud): Displays trend retest zones with filtering based on smoothed range.
– Reversal Zones: Uses modified Keltner Channels (Reversal Bands) with three levels based on ATR and SMA/EMA.
– Automatic Trend Lines: Plots upper, middle and lower lines based on linear regression with customizable style and width.
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