MechaAlgo
MechaAlgo was created to assist any type of trader on a day to day basis. Our intelligent and accurate algorithms turn complex charts into profitable plays, minimizing losses and maximizing profits. We hope that you will find use in the tools and resources we provide, and we will continue to improve on our products in order to take your trading to new heights!
Any Time, Any Market
Our indicators work with real time data on any market. This means that any kind of trader will find our tools useful, regardless of what you are trading.
Feature List
- Multiple Signal Modes
- Numerous Candle Coloring Modes
- Reversal Cloud Overlay
- Auto Support & Resistance
- Auto Trendlines
- Auto Profit Targets
- Real Time Informational Dashboard
- Multi-Timeframe Trend Panel
- Future Trend Projection
- Many More Features to Come!
By using this script you acknowledge that MechaAlgo cannot guarantee you profit, and that this product was only created in attempt to benefit traders. You also acknowledge that past performance is not indicative of future results, and that the experience of other users or what you see online may not always be your experience.
- Added alert conditions for all 3 buy & sell signal types
- Cleaned up style settings
- Added option to turn trend panel on or off
- Fixed repainting on STANDARD mode
- Fixed alert conditions not functioning properly
- Updated and improved the dashboard volatility formula
- Complete dashboard overhaul which now offers much more customization
- New "Hotzones" gradient feature for the Reversal Clouds
- Cleaned up dashboard
- Added "Device Type" option in the dashboard settings for mobile users to revert to old dashboard
- Re-coded a lot of the logic in preparation for future updates
- Alerts now working properly
- Added fully customizable profit targets and stop loss lines
- Changed the default multipliers of the profit targets to 3, 6, and 9
- Added ability to input numbers with decimals as profit targets rather than just integers
- TP & SL lines now extend 5 decimal places for more precision
- Updated to Pinescript V5
- Added Trend Projection feature
- Changed "Market Control" to "Candle Control"
MechaAlgo V1.3.1
- Removed Puts / Calls from Dashboard
- Removed Trend Panel
- Default Signal Mode Changed to SAFE
- Added option to hide all signals before most recent Buy & Sell
- General code clean-up to make things run smoother
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact MechaTrade directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact MechaTrade directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.