The Trader Tips Trading Algo is a Tradingview Strategy Tool designed for traders using Prop Firms or Exchange Accounts.
If you are interested in seeing the live results for the Algo's signals, we have a dedicated bot channel within the free Discord that delivers a breakdown of each daily, weekly, and monthly running profit after each session close.
The Algo analyzes the MNQ chart during 4 specific times in the trading day. It then uses a fixed set of indicator metrics and decision rules to identify potential trade setups. When the predefined conditions of the Algo are met, it generates a trade signal using a 1:5.5 risk to reward ratio, which also includes built-in logic for protective exit signals at each market close, so those using Prop Firms will not have to worry.
Users can have these signals sent to their prop firm or trading account to automatically execute trade orders, if they configure a third-party webhook service for the connection. But as an important disclaimer, the user is exclusively responsible for any action or decision made outside of TradingView, including setting up the connection, trade execution, and all aspects of risk management for their prop firm or trading account, especially when using automated execution. The Trader Tips Algo is to be used exclusively as a Tradingview signal generation tool.