Elite PRO V10.0

Add to Chart

Click "Add to Chart" in TradingView
Search for "Elite PRO V10.0 - Timeframe Aware"
Apply to your preferred trading pair
Basic Configuration

Start with default settings
Adjust account size according to your capital
Set risk percentage (1-2% recommended)
Customization

Modify confidence weights based on your strategy
Enable/disable signal types as needed
Adjust TP/SL settings according to your risk tolerance
📊 Understanding the Table

Signal Section

SIGNAL: Current trade direction (BUY/SELL/NO SIGNAL)
Type: Signal category (TREND/RANGE/EXHAUSTION)
Strength: Signal strength based on MTF alignment
Confidence: Overall system confidence percentage
Threshold: Dynamic confidence threshold
MTF Alignment

Shows alignment status of relevant timeframes
Color-coded: Green=Full, Orange=Partial, Lime=Quick, Gray=No alignment
Scalping: M1, M5, M15 timeframes
Intraday: M5, M15, H1 timeframes
Risk Management

Entry Price: Suggested entry level
Stop Loss: Calculated stop loss with structure consideration
Take Profit: Dynamic TP based on R:R ratio
R:R Ratio: Risk to reward ratio
Position Size: Shares/units based on account risk
Market Context

Market Type: Ranging or Trending market
Trend Phase: Bull/Bear with strength indication
Exhaustion: Early warning for potential reversals
TF Boost: Confidence boost from timeframe alignment
🎯 Trading Strategy

For Scalpers (1min-5min):

Focus on QUICK SCALP and MODERATE SCALP signals
Use tighter stops (0.8-1.0x ATR)
Target 1.2-1.8 R:R ratios
Quick entries and exits
For Intraday Traders (15min-1hr):

Wait for MODERATE INTRADAY or STRONG INTRADAY signals
Use standard stops (1.2-1.5x ATR)
Target 1.8-2.2 R:R ratios
Hold positions for multiple bars
For Swing Traders (4hr-Daily):

Only take STRONG SWING signals
Use wider stops (2.0-2.5x ATR)
Target 2.0-2.5+ R:R ratios
Patient position management
⚡ Signal Types Explained

TREND Signals

Best for: Strong trending markets
Characteristics: MTF alignment, strong confidence
Action: Enter in direction of dominant trend
RANGE Signals

Best for: Sideways/consolidation markets
Characteristics: Range boundary touches, rejection patterns
Action: Fade range extremes
EXHAUSTION Signals

Best for: Trend reversal opportunities
Characteristics: Trend exhaustion, divergence patterns
Action: Counter-trend with caution
🔔 Alert Setup

Recommended Alert Configuration:

Trend Alerts - Primary trading signals
Range Alerts - For ranging market conditions
Exhaustion Alerts - Early reversal warnings
Alert Message Format:

text
TREND BUY | SYMBOL | TIMEFRAME | PRICE
🎨 Customization Options

Confidence Weights:

Adjust weights based on your preferred analysis methods
Higher wick weight = more emphasis on price rejection
Higher trend weight = more emphasis on trend strength
Risk Management:

Account Size: Set your trading capital
Risk %: Risk per trade (0.5-2.0% recommended)
Fixed R:R: Use consistent risk:reward or dynamic
Signal Filters:

Early Entries: Enable for earlier but less confirmed signals
Full Confirmation: Wait for full MTF alignment
Signal Cooldown: Prevent signal spamming
⚠️ Risk Disclaimer

IMPORTANT: This is a trading tool, not financial advice. Always:

Test strategies in demo accounts first
Use proper risk management
Understand that past performance ≠ future results
Trade only with risk capital you can afford to lose
Consider multiple confirmation sources before trading
🆘 Troubleshooting

Common Issues:

No signals: Check if confidence threshold is too high
Too many signals: Increase signal cooldown or threshold
MTF not loading: Ensure you have TradingView premium for multiple timeframe data
Performance Tips:

Use on lower timeframes for faster calculation
Disable unnecessary features if experiencing lag
Clear cache if indicator becomes unresponsive
🚀 Getting Started

Start Simple: Use default settings initially
Paper Trade: Test for 2-4 weeks before live trading
Gradual Customization: Adjust one setting at a time
Keep Journal: Track performance and refine approach
Risk First: Always prioritize capital preservation

Support & Updates

For the latest updates and user community, visit the indicator page on TradingView. Regular updates include:

Performance optimizations
New feature additions
Bug fixes and improvements
Happy Trading! 🎯

*Elite PRO V10.0 - Your Smart Trading Companion*