119# Master Algo V.1 TradingView Indicator
By Dimitri 2025
The "Master Algo V.1" script a custom trading algorithm designed for TradingView, incorporating various technical indicators and conditions to generate buy and sell signals. Below is a summary of its key characteristics and trading rules:
Key Features:
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The script allows users to select different signal modes and filters, including:
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Trending Signals Mode → Best for trend-following strategies.
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Contrarian Signals Mode → Designed for reversal traders looking for counter-trend moves.
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High Volume Filter → Focuses on setups with strong volume confirmation.
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Strong Filter → A stricter filter for higher probability trades.
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Swing Cloud Filter → Helps identify swing trading opportunities.
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Smooth Cloud Filter → A smoothed version of the trend filter for stability.
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Scalping Cloud Filter → Optimized for quick intraday trades.
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Scalping+ Cloud Filter → A more aggressive scalping approach
Description of the most interesting approaches proposed by Master Algo
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A. Trend-Following Strategy (Best for Beginners & Conservative Traders)
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Mode to Use: Trending Signals Mode
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How It Works: This mode helps traders follow the prevailing trend using moving averages and momentum indicators.
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Best Market Conditions: Strong directional trends (avoid sideways markets).
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Recommended Use Case: Swing trading, position trading, or momentum-based intraday trading.
✅ Best for traders who prefer to trade in the direction of the trend with less frequent trades and higher accuracy.
B. Scalping & High-Frequency Trading (For Active Traders)
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Mode to Use: Scalping Cloud Filter or Scalping+ Cloud Filter
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How It Works: These modes focus on fast trades, taking advantage of short-term price fluctuations.
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Best Market Conditions: High volatility and liquid assets (Forex, Indices, Crypto).
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Recommended Use Case: Day trading, scalping small moves on short timeframes (1m-15m).
✅ Best for experienced traders who can handle fast-paced markets and quick decision-making.
C. Swing Trading & Market Structure Analysis
Mode to Use: Swing Cloud Filter
How It Works: Helps identify key support/resistance areas and mid-term trends for swing trading.
Best Market Conditions: Markets that trend but also have regular pullbacks.
Recommended Use Case: Traders looking for medium-term setups with a mix of trend-following and reversals.
✅ Best for traders who hold positions for several days to weeks.
Conclusion
The Master Algo script provides a versatile set of trading strategies, each tailored to different market conditions and trader preferences. Based on the available modes:
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A. Trend-Following Strategy is the safest and most effective for beginners and conservative traders, allowing them to ride strong trends with minimal risk.
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B. Scalping & High-Frequency Trading suits experienced traders who prefer rapid trades in volatile markets, taking advantage of short-term price movements.
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C. Contrarian (Reversal) Trading Strategy is a higher-risk approach, best suited for traders who specialize in spotting market reversals and turning points.
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D. Swing Trading & Market Structure Analysis provides a balanced approach, leveraging both trend-following and reversal signals for medium-term trades.
luis ronald (Thursday, 06 March 2025 17:56)
brigado
FSR (Tuesday, 04 March 2025 17:06)
The is below your eyes. The link is here.
Rathish Raghupathy (Tuesday, 04 March 2025 10:28)
Send me the link to download this indicator to the following email.
rathishmechy@gmail.com
Abhishek (Tuesday, 04 March 2025 03:24)
Excellent indicator ��