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Instrument: REA_Algo_V2.3
Disclaimer

The graphic studies and any other indication generated by the software should not be considered as personalized investment advice or even as investment recommendations. The setups generated by the software search for market conditions developed on prices in the past and are useful for statistical purposes.

The software is not able to work autonomously and requires various inputs from the trader for pattern research, statistics processing and any other expected functionality.

Rea_Algo is an indicator for all types of intraday but also multiday traders.

E’ un indicatore che sfrutta diversi concetti di liquidità di mercato per disegnare sul grafico le varie condizioni e per aiutarci ad individuare i possibili movimenti del mercato. Questa nuova versione REA_Algo_V2.3 ci permette di visualizzare nel grafico le liduidità principali, le zone di equilibrium/money transfer, Massimi e Minimi Protetti, Zone di IPA e EPA all’interno del Pannello. 
We have rebuilt the indicator from the ground up to make it as accurate as possible. The indicator now reads purely the price action to draw the structure without using candle counts, i.e. without using periods.

Functionality:

  • Market structure HH, LL, HL, LH, or draw icons;
  • Bos (Structural Breakdowns);
  • ChoCh (Character Change);
  • ILQ (Inducement Liquidity);
  • TLQ (Transactional Liquidity);
  • EQL (Equilibrium Zone/Money Transfer);
  • Protected Maximums and Minimums;
  • Zone Flip Breaker Block (FBB);
  • Triangoli del pattern Quasimodo; 
  • Arrow to take hold of Inducement Liquidity;
  • Arrow to the grip of Equilibrium;
  • Panel with information on the current Bearish or Bullish structure;
  • Always inside the panel: IPA or EPA;
  • Notifications in the cTrader platform;
  • Signals on telegram with screenshots of the graph.


Parameters:

Notification

  • Notification: Yes to enable notifications for each MSU and Equilibrium;

Structure

  • Use close price: Yes to use the closing price of candles to calculate structure breakouts, No to calculate structures with highs and lows of candles to calculate structure;
  • Show High-Low: Yes if you want to display labels on the highs and lows, otherwise leave it at no;
  • Draw: Yes to draw icons to identify highs and lows, leave it at no to display labels or leave blank;
  • Icon: Select the type of icon to identify the structure's highs and lows (Default: Circle);
  • Color: Choose the color of the icon.

BoS

  • Draw: Yes to draw the Bos, leave no if you don't want to draw them;
  • Line Style: Decide the line style to identify the structure break line;
  • UP – Color: Choose the color of the bullish breakout line;
  • DOWN – Color: Choose the color of the downside breakout line.

ChoCh

  • Draw: Yes to draw the Bos, leave no if you don't want to draw them;
  • Line Style: Decide the line style to identify the character change line;
  • UP – Color: Choose the color of the up line;
  • DOWN – Color: Choose the color of the down changes.

Quasimodo

  • Draw: Si per disegnare i triangoli di riferimento al pattern Quasimodo, lascia no se non vuoi disegnarle;

IPA/EPA

  • View IPA/EPA in the graph: Yes if you want to see the efficiency or inefficiency in the chart, by coloring the efficient candles.
  • Color EPA Buy: Choose the color of the efficiency boost;
  • Color EPA Sell: Choose the color of the efficiency down.

Equilibrium

  • Draw: Yes to draw the Equilibrium lines and arrows, leave no if you don't want to draw them;
  • Line Style: Choose the line style to identify equilibrium levels;
  • UP – Color: Choose the color of the rising equilibrium;
  • DOWN – Color: Choose the color of the downward equilibrium.
  • Remove Taken: Yes to remove the levels, i.e. the equilibrium lines and labels, leave no to leave them drawn (they stop when the price reaches the line);
  • Sound Notification: Choose the notification sound when the price reaches equilibrium.

MSU

  • Draw MSU: Yes to draw MSU arrows, leave no if you don't want to draw them;
  • Icon Buy: Select the MSU Buy icon;
  • Color Buy: Choose the color of the MSU Buy icons;
  • Icon Sell: Select the MSU Sell icon;
  • Color Sell: Choose the color of the MSU Sell icons.
  • Sound Notification: Choose the notification sound when an MSU occurs.

Protected

  • Draw Protected: Yes to draw protected highs or lows, leave no if you don't want to draw them;
  • High – Color: Choose the color of the Maximum Protections;
  • Low – Color: Choose the color of the Protected Minimums;
  • Opacity: 0 to 100, sets the opacity of the zones;
  • Remove Taken: Yes to remove the violated zones, leave no if you want to leave them drawn (they stop when the price crosses the zone).

Breaker

  • Draw Breaker: Si per disegnare le FBB, lascia no se non vuoi disegnarle;
  • Remove Taken: Metti a sì per rimuovere le zone che non sono più valide, lascia no per visualizzare anche le zone non valide.

Panel

  • Draw Protected: Yes to draw protected highs or lows, leave no if you don't want to draw them;
  • High – Color: Choose the color of the Maximum Protections;
  • Low – Color: Choose the color of the Protected Minimums;
  • Opacity: 0 to 100, sets the opacity of the zones;
  • Remove Taken: Yes to remove the violated zones, leave no if you want to leave them drawn (they stop when the price crosses the zone).

Permission

  • Username: Inserisci il tuo nome utente per attivare l’indicatore;
  • User Email: Inseriscila tua email per attivare l’indicatore;

Telegram

  • Telegram: Attiva per ricevere i segnali sul tuo canale Telegram;
  • Tokens: Inserisci il token del tuo Bot Telegram;
  • chatID: Inserisci la @ del tuo canale su cui vuoi ricevere i segnali.

Video Tutorials

In questo video ti spieghiamo tutti i parametri e le funzionalità del REA_Algo_V2.3.

Istruzioni in Arrivo!

License:
REA Learn TradeKit

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