BaconAlgo

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🥓 BaconAlgo — Auto TP/SL Signals with Confluence Dashboard (v6)

BaconAlgo is a premium TradingView indicator built to deliver high-quality BUY and SELL signals using advanced multi-indicator confluence logic, strict filtering, automatic risk-based TP/SL levels, and a real-time dashboard.

The objective is simple: fewer signals, higher quality trades, with clean visual risk management.

Key Features

Confluence-based BUY/SELL signals using trend, momentum, volatility and volume pressure

Signal strength scoring: Good / Excellent / Perfect

Automatic Entry, TP1-TP4 and dynamic Stop-Loss

Smart stop-loss engine: Swing, ATR, Swing+ATR, Swing+ATR+Fib, AI Adaptive

Confluence dashboard showing all BUY/SELL conditions

Relative Strength vs SPY or QQQ

Timeframe-aware filters with volume adaptation

Built-in alerts for signals, TP hits and SL hits

Optional Santa Mode with festive UI and score boost

This script is Public but Invite-Only.
To request access, send me a TradingView private message with:

“TRIAL BACON”
or visit 👉 baconalgo.com

Discord: discord.gg/BkQmWcFs

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Versionshinweise

English:

🥓 BaconAlgo — Signals + Auto TP/SL + Confluence Dashboard

BaconAlgo is a TradingView indicator (Pine v6) designed to generate high-quality BUY/SELL signals using a powerful multi-indicator confluence logic, strict filtering, risk-based automatic TP/SL levels, and a clean dashboard to read market conditions at a glance.

The goal: fewer signals, but better signals, with simple and visual risk management.

✅ What BaconAlgo does
1) Confluence-filtered BUY/SELL signals

BaconAlgo calculates a Bull/Bear score using multiple indicators (trend, momentum, volatility, buying/selling pressure, etc.).
A signal is triggered only when the core criteria are aligned (trend + momentum + volume + “quantum” filter).

2) “Good / Excellent / Perfect” scoring system

Signals are classified by strength:

🎯 Good
⚡ Excellent
💎 Perfect

3) Automatic TP/SL (Risk/Reward)

When a signal appears, BaconAlgo automatically plots:

Entry

TP1 / TP2 / TP3 / TP4 (CRISPY) based on RR multiples

Dynamic stop-loss, selectable by method

4) Smart stop-loss system (multiple methods)

Available options:

Swing

ATR

Swing + ATR

Swing + ATR + Fib

AI Adaptive (widens or tightens based on trend strength)

5) Confluence Dashboard (bottom-right)

Integrated table with ✅ / ○ for each BUY/SELL condition:

Triple EMA (9/21/50)

VWAP Ultra

Triple RSI

MACD “Quantum”

Bollinger “Quantum”

CCI

SAR “Quantum”

Buy/Sell Pressure

DMI/ADX

UT Bot

Volume Mult

Relative Strength vs SPY/QQQ

Stoch RSI, Fisher, Elder Force

Volume, Force %, TF, Final Score display

6) Relative Strength vs SPY/QQQ

Measures whether a symbol is a leader or lagger versus SPY or QQQ over a configurable period.

7) Advanced quality filters

Composite buy/sell pressure (Volume + MFI + RSI + OBV)

DMI/ADX trend strength

Price vs Open intrabar positioning

Minimum volume filter + Volume multiplier (Volume x SMA)

8) Timeframe-aware logic

Thresholds and volume filters adapt automatically to timeframe
(1m, 5m, 15m, 1h, 4h, 1D) to avoid weak micro-TF signals.

9) Cooldown + anti-spam protection

Bar-based signal cooldown

Limit on consecutive candles

Maximum number of displayed labels

10) Price source selection

Switch between standard candles and Heikin Ashi to smooth price action.

🔔 Built-in Alerts

BaconAlgo includes ready-to-use alerts:

BUY / SELL signals

TP1 / TP2 / TP3 / TP4 hits

Stop-loss hits

(plus a festive December mode)

🎅 Santa Mode (optional)

From December 20 to January 5, you can activate Santa Mode:

Configurable score bonus 🎁

Festive alerts 🔔

Holiday-themed labels & dashboard 🎄

⚠️ Important Notes

This is an indicator, not a backtesting strategy.

Signals rely on multiple filters and confluences — adjust thresholds per market/ticker.

No performance guarantees. Always apply proper risk management.

✅ Recommended Usage

Scalp / Day trading: 1m–15m with Volume Mult + UT Bot enabled

Swing trading: 1h–1D with “Swing + ATR + Fib” stop-loss

RS Benchmark: QQQ (tech) or SPY (broad market)