OPEN-SOURCE SCRIPT
Updated Speed Signals
Speed Signals
Concept Work-in-Progress – Open Script
This is Speed Signals, a trading companion designed to enhance your decision-making process with chart signals. This script is an ongoing project, built with the help of AI, and I wholeheartedly invite the community to contribute with feedback, ideas, or improvements to make it even better.
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What Does the Script Do?
Speed Signals simplifies market analysis by providing intuitive entry and exit signals directly on your chart. The script uses a combination of trend detection and momentum analysis to identify potential opportunities for entering or exiting trades.
The script dynamically adapts to different market environments, offering a customizable dropdown to select from multiple volatility modes, ensuring it suits a wide range of trading instruments – from low-volatility assets to highly volatile markets like cryptocurrencies.
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Key Features
1. Smart Entry and Exit Signals:
Identify potential moments to enter or exit a trade based on market trends and momentum shifts.
2. Trend Awareness:
Built-in trend detection using EMA helps you understand whether the market is leaning bullish or bearish.
3. Customizable Parameters:
Adjust settings for different volatility levels with ease, tailoring the strategy to your preferred instruments or trading style.
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Important Notes
- Could be highly inaccurate: This script is a work-in-progress and may not always generate signals under certain market conditions.
- Paper Trading Recommended: Test the script in a risk-free paper trading environment before considering live use.
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Thank you for exploring Speed Signals! Let’s shape this tool together – your ideas and contributions are always welcome. Happy trading! 🚀
Known issues:
- Exit signals don't always appear
- Yet to find the best combination of indicators for signals output
Tested on:
- 15s timeframe, 1m timeframe, 15m timeframe. Could work on higher timeframes, please let me know of changes we could make.
Concept Work-in-Progress – Open Script
This is Speed Signals, a trading companion designed to enhance your decision-making process with chart signals. This script is an ongoing project, built with the help of AI, and I wholeheartedly invite the community to contribute with feedback, ideas, or improvements to make it even better.
---
What Does the Script Do?
Speed Signals simplifies market analysis by providing intuitive entry and exit signals directly on your chart. The script uses a combination of trend detection and momentum analysis to identify potential opportunities for entering or exiting trades.
The script dynamically adapts to different market environments, offering a customizable dropdown to select from multiple volatility modes, ensuring it suits a wide range of trading instruments – from low-volatility assets to highly volatile markets like cryptocurrencies.
---
Key Features
1. Smart Entry and Exit Signals:
Identify potential moments to enter or exit a trade based on market trends and momentum shifts.
2. Trend Awareness:
Built-in trend detection using EMA helps you understand whether the market is leaning bullish or bearish.
3. Customizable Parameters:
Adjust settings for different volatility levels with ease, tailoring the strategy to your preferred instruments or trading style.
---
Important Notes
- Could be highly inaccurate: This script is a work-in-progress and may not always generate signals under certain market conditions.
- Paper Trading Recommended: Test the script in a risk-free paper trading environment before considering live use.
---
Thank you for exploring Speed Signals! Let’s shape this tool together – your ideas and contributions are always welcome. Happy trading! 🚀
Known issues:
- Exit signals don't always appear
- Yet to find the best combination of indicators for signals output
Tested on:
- 15s timeframe, 1m timeframe, 15m timeframe. Could work on higher timeframes, please let me know of changes we could make.
Release Notes
Speed SignalsConcept Work-in-Progress – Open Script
This is Speed Signals, a trading companion designed to enhance your decision-making process with chart signals. This script is an ongoing project, built with the help of AI, and I wholeheartedly invite the community to contribute with feedback, ideas, or improvements to make it even better.
---
What Does the Script Do?
Speed Signals simplifies market analysis by providing intuitive entry and exit signals directly on your chart. The script uses a combination of trend detection and momentum analysis to identify potential opportunities for entering or exiting trades.
The script dynamically adapts to different market environments, offering a customizable dropdown to select from multiple volatility modes, ensuring it suits a wide range of trading instruments – from low-volatility assets to highly volatile markets like cryptocurrencies.
---
Key Features
1. Smart Entry and Exit Signals:
Identify potential moments to enter or exit a trade based on market trends and momentum shifts.
2. Trend Awareness:
Built-in trend detection using EMA helps you understand whether the market is leaning bullish or bearish.
3. Customizable Parameters:
Adjust settings for different volatility levels with ease, tailoring the strategy to your preferred instruments or trading style.
---
Important Notes
- Could be highly inaccurate: This script is a work-in-progress and may not always generate signals under certain market conditions.
- Paper Trading Recommended: Test the script in a risk-free paper trading environment before considering live use.
---
Thank you for exploring Speed Signals! Let’s shape this tool together – your ideas and contributions are always welcome. Happy trading! 🚀
Known issues:
- Exit signals don't always appear
- Yet to find the best combination of indicators for signals output
Tested on:
- 15s timeframe, 1m timeframe, 15m timeframe. Could work on higher timeframes, please let me know of changes we could make.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.