As some of you know, I have had this in Beta for a long while now and it's finally time for a full release. I originally designed this to be an Unreal Algo add-on to track & stay in the trade a little better, but the VTF Algo has become a full Algorithm and can be used standalone with supreme accuracy. It's for beginners and advanced traders alike. I've made the settings very customizable, but also easy to just jump right in.
How it works: It uses volatility , deviations, and tons of statistical calculations, confirmations, moving averages, and filters to bring you the most accurate Supply & Demand predictive algorithm possible. The VTF Algo will automatically normalize different volatility in any type of market to help avoid getting Chopped up and give a forward-looking approach to accurate Price Action and confirmation. It will automatically show support and resistance in real-time. The channel that The VTF Algo creates will help traders confirm whether they should stay in the trade or get out fast. As the green top grows it naturally acts as Supply and as the red bottom grows it acts as Demand, when one of them far exceeds the other the direction price will proceed to is clear to see.
Features:
-Easy-to-read Price Action & Trend channel.
-Exceptional Chop Filter (grayed center).
-Accurate Buy/Sell and Topline Continuation Signals.
-Rejection Signals.
-Multiple-Timeframe Customizable Trend Table. Showing Directional Arrows (see bottom right of picture).
-Bullish / Bearish Growing Blocks.
-Fully Customizable with Clean and Cleaner Mode.
The VTF Algo was made with all different types of traders in mind.
Some like things Ultra Crispy Clean:
Others like things a little more clean but can move their focus to where it's needed:
Lastly, there are those who don't mind things looking a little busy:
Topline Continuation Signals, Auto-Supply/Demand, and a Real-Time Multiple Timeframe Trend Table (in the bottom-right) corner:
NEW! Exit Alert Function. (what is shown on chart).
NEW! Updated Buy/Sell Alert Function. (what is shown on chart).
Exit alert added
Code improvements.
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--Some code cleaning. --Set-up for proceeding updates.
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UPDATE 3.6.24:
NEW! Colored bars.
Moved most of the signals to the "Topline".
Crisper "Clean Mode"
Several UI enhancements.
Improved Calculations.
Code cleaning.
NEW! Trendline in Clean Mode makes it super easy to follow.
A lot more.
Accurate Supply/Demand channels.
Clean Mode.
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--Updated the name in indicator section to proper.
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--Added tooltips for several features. Additional Notes: --Remember anything can be toggled off including Colored Candles. --When using Color Candles - "For better Aesthetics, go to chart Settings -> Symbol -> Borders and make the Transparency at or less than 40." --Clean Mode is a toggle under Clean Mode Options. --In latest version there will only be one B/S signal during a move. Pay attention to when the last one was, Supply/Demand, and the Center colored line.