Nexalgo Pro V2 (Beta)

29 Tem

🔧 [Nexalgo] Pro V2 (Beta) – Invite-Only Indicator
[Nexalgo] Pro V2 (Beta) is a multi-functional TradingView indicator designed to assist with market structure analysis and trend detection. It integrates several tools into a single script, with full feature toggles for customization.

🧠 Key Components:
Powertrend
An advanced trend-detection tool using adjustable logic to identify directional bias. Displays trend lines, signal markers, and optional bar colors.

Simple Trend
A minimalistic trend filter line that changes color based on direction.

Auto Channels
Plots dynamic channel levels (upper, mid, lower) to visualize market structure.

Dynamic Trend Zones
Highlights adaptive retest zones with visual blocks on the chart.

Order Blocks
Identifies areas of potential institutional activity. Marked as rectangular zones.

Bar Coloring
Optional coloring of candlesticks according to trend direction for visual clarity.

⚙️ Customization & Usage:
Each module can be enabled/disabled individually.

Adjust settings to fit various strategies or market types.

Use with existing systems or as a standalone analysis tool.

🧭 Interpretation Tips:
Powertrend signals: Triangles indicating bullish/bearish bias.

Trend lines/zones: For structure and potential retest levels.

Order blocks: Use to observe reaction zones or liquidity areas.

⚠️ Disclaimer:
This script is for analytical purposes only. It does not provide financial advice or guarantee performance. Use at your own discretion and always consider personal risk tolerance when trading.

29 Tem

Sürüm Notları

🔧 [Nexalgo] Pro V2 (Beta)

[Nexalgo] Pro V2 (Beta) is a modular, multi-functional analysis framework designed for use on TradingView.

This script integrates a broad set of technical components — trend modeling, price structure mapping, signal logic, zone detection, and volatility interpretation — into a single unified tool. Each module is standalone-capable, fully configurable, and intended for flexible application across various market types and timeframes.

It is designed to reduce chart clutter and promote a structured view of the market by allowing users to toggle on only the features they need. From trend filters and momentum overlays to breakout logic and market phase recognition, every component can be enabled or disabled independently.

🔍 Full Module Reference

1. Powertrend

This is the core trend detection module within Nexalgo Pro V2.
It highlights prevailing market direction by calculating trend bias using a customizable moving average model. Smoothing layers can be optionally applied to reduce noise and emphasize structure. Output includes background trend shading, directional labels, and (if enabled) candle coloring.

Inputs & Logic:

Trend length: defines the number of bars evaluated

Moving average type: supports SMA, EMA, WMA, and others

Optional smoothing: enables an additional smoothing layer (configurable method and length)

Visual cues: background highlights, bar color overlays, and directional label markers

2. Signals with TP/SL

A signal generation system that identifies potential long and short opportunities using predefined logic modes. Each signal is accompanied by automatic take-profit (TP) and stop-loss (SL) levels, calculated as a percentage offset from the entry bar.

Inputs:

Signal logic mode: choose between 2 signal Modes

Trend threshold: filters signals with trend strength

TP/SL levels: configurable percentage-based exits

Alert system: control over which signal types trigger alerts (entries only, all, or none)

3. Midline

Plots a dynamic support/resistance reference line that adapts to price. The Midline changes color to indicate bullish or bearish market bias based on directional logic.

Inputs:

Calculation length and type: inherits parameters from trend logic

Color logic: green for bullish bias, red for bearish

4. Channels

This module overlays dynamic price channels around the midline to contextualize price within a structured environment.

Inputs:

Channel length: number of bars used for calculation

Deviation multipliers: define how far upper/lower bounds are placed relative to the mean

Color configuration: separate customization for top, mid, and bottom bands

5. Simple Trend

A lightweight trend overlay built around a single moving average. The line color shifts depending on market direction.

Inputs:

Moving average type and length

Optional bar coloring synced to trend state


6. Simple Order Blocks

Automatically detects and highlights potential institutional activity zones using predefined criteria. Zones are color-coded to distinguish between bullish and bearish blocks.

Inputs:

Detection method: e.g., ATR filter

Threshold: controls minimum size or significance for zone to be plotted

Colors: fully customizable for both bullish and bearish blocks


7. Dynamic Zones

Plots shaded support and resistance zones that adjust dynamically to changing market conditions. These zones expand and contract based on trend, volatility, or other internal factors.

Logic:

Color-coded: green for upward bias, red for downward

Responsive to trend state and price movement

Zone width and reactivity defined internally

8. Clouds

Envelopes price with volatility bands that change width based on market conditions. The cloud visually reflects directional and volatility shifts.

Behavior:

Green clouds = bullish momentum

Red clouds = bearish momentum

Expands during high volatility, contracts in low volatility


9. Powertrend Signals

These signals are synchronized with the Powertrend module, and only trigger when aligned with the current trend. Signal appearance is tightly filtered using multiple options to reduce clutter and increase relevance.

Inputs:

Confirmation bars: number of candles that must confirm a signal

Minimum spacing: delay between repeated signals

ATR filter: reduces false positives based on volatility thresholds

Alternating signals: option to prevent consecutive same-direction signals

10. Market Structure

Automatically detects and labels market swing points (HH, HL, LH, LL). Connects these with lines to visualize current market phase and structural transitions.

Inputs:

Length: defines the structure scan window

Colors: customizable for up/down structure lines

Output:

Labels: HH, HL, LH, LL

Lines: drawn to connect confirmed structure points for trend visualization


11. Barcolors

Applies color overlays to price bars based on current Powertrend state. Barcolors update in real-time and adapt automatically when Powertrend logic is modified.

Logic:

Green bars = bullish Powertrend

Red bars = bearish Powertrend

Syncs with all Powertrend configuration changes

⚙️ Configuration and Workflow

The script includes an integrated dashboard for managing all modules.
Users can toggle each feature on or off, access dedicated input sections, and adjust visual preferences per module. This allows a range of charting styles, from minimalist setups with a single trend line, to full-feature confluence environments with structure, signals, and zones working together.

⚠️ Disclaimer
This script is a technical analysis tool designed to assist in market interpretation.
It does not provide financial advice, make forecasts, or guarantee results.
Users are responsible for their own trading decisions, strategy design, and risk management. The tool is intended for educational and analytical purposes only.