Take the guesswork out of trading
Our suite of premium indicators provide unique insight into the underlying factors that drive market price, allowing even the most novice traders to start to recognize early warning signs and patterns of a market trend change.
Signal Differentiation
Long and Short signals are color coordinated depending what’s happening with trend direction and momentum.
When setting your Position Optimization to LONG, Normal Long signals are green, yellow when momentum is approaching exhaustion, and orange on a downtrend to caution when trading against the trend.
When setting your Position Optimization to SHORT, Normal SHORT signals are red, yellow when momentum is approaching exhaustion, and orange on an uptrend to caution when trading against the trend.
Ultimate Support & Resistance
Ultimate Support & Resistance (USR) dynamically detects the most immediate Support and Resistance Zone Ranges in addition to dynamically generating Smart Trend Lines that can highlight trends traders may have otherwise missed. Sensitivity can be adjusted for your own trading style. USR also identifies Pivot Points (HH, HL, LL, LH), previous Day and Week High & Low levels, VWAP with VWAP Bands, 5 separate Moving Averages which can be changed from Simple, Exponential, and Weighted, and the ability to Batch Insert and auto populate up to 400 S&R levels instantly.
Take Profit
SeleneAlgo can display variuos types of Profit signals. By default, “Profit” signals will display whenever there is a confirmed pullback. The trader can also set a Trailing Take Profit in addition to an Early Profit %.
WhaleHunter
Most Whales scale in or out of a position slowly over multiple days in an effort to not disrupt the market.
WhaleHunter takes advantage of this predictability and looks for abnormally large reoccuring Volume spikes at the exact same time of the day over a few day span.
Our Robust Dashboard
Our Dashboard offers traders the most relevant information dynamically updating with the chart, thus providing insight into the underlying factors that are driving price movement.
Frequently Asked Questions
If you're just starting out you can check out our Getting Started page, or if you're looking to find more information on how to use SeleneAlgo, you can check out our How-to page.
We are a firm believer in radical transparency, and SeleneAlgo was passionately designed with one core objective from the very beginning: Education. Using Momentum, Price Action, Candle Analysis, Support and Resistance Levels, and Trend Direction, SeleneAlgo meticulously calculates the optimal time to Enter and Exit positions in addition to Taking Profit. It also includes an extensive dynamic Dashboard that provides the user with the most relevant information related to the current market behavior, allowing the Trader to create more informed trade strategies. When paired with our unique ‘ADX Momentum Insight Indicator’, the Trader will have a unique insight into the current market behavior allowing even the most novice traders to start to recognize early warning signs and patterns of a market trend change, protecting the Trader from chasing the market.
Your SeleneAlgo Subscription includes access to SeleneAlgo and its supporting indicators, in addition to the SeleneAlgo Discord channel members-only areas which includes daily scanner results, support 7 days a week, the ability to schedule 1 on 1 with a member of the SeleneTeam for questions, exclusive sneak peaks at upcomming features, and our private members only chat.
That Subscription option includes everything included in a standard SeleneAlgo Monthly Subscription package, plus a subscription to the TradingCollective University. More info can be found HERE
SeleneAlgo works with all timeframes on any market including stocks, crypto, forex, futures, and currencies on TradingView. Timeframes 5m and higher are recommended.
Absolutely! Novice traders can choose to use SeleneAlgo with the default settings but are strongly encouraged to first check out our How-To page before using any of our indicators. Remember to always paper trade prior to using real currency until you feel confortable using SeleneAlgo and confirming your own trade strategies.
No indicator or algorithm can guarentee a % win rate or results, and you should never trust a service or indicator that says otherwise. Our service provides a trader with unique additional insight into the market behavior, allowing for more educated trade decisions.