OPEN-SOURCE SCRIPT
TELAY Algo Alpha

TELAY Algo Alpha
A long-only trade map built on a directional trend model: one entry, a fixed stop, and three scaling targets — all confirmed on bar close.
Based on AlgoAlpha's open-source "Trend Targets". When price confirms an uptrend, the script marks a single long setup: entry at the flip, a fixed stop at low − ATR×5 (it does not trail, so normal pullbacks don't shake the trade out), and three targets registered by touch. Full carry; the position closes at the final target, or earlier on a close below the stop or a bearish flip.
A persistent panel keeps the setup visible through the whole uptrend — entry, stop, live return, the three targets with hit status, trend, and trade state — with a marker at each target. Signals confirm on bar close (no repaint); one position at a time.
Arabic UI — key: الدخول = Entry · الوقف = Stop · السعر/العائد = Price/Return · هدف 1/2/3 = Target 1/2/3 · الاتجاه = Trend (صاعد Up / هابط Down) · صفقة مفتوحة = Open · بلغ الهدف الأخير = Final target reached · ضرب الوقف = Stopped · مراقبة = Monitoring.
Credits: trend logic adapted from the open-source "Trend Targets" by AlgoAlpha. Management, stop, panel, and alerts are original. Published open-source.
For education and research only — not financial advice, and no result is guaranteed.
A long-only trade map built on a directional trend model: one entry, a fixed stop, and three scaling targets — all confirmed on bar close.
Based on AlgoAlpha's open-source "Trend Targets". When price confirms an uptrend, the script marks a single long setup: entry at the flip, a fixed stop at low − ATR×5 (it does not trail, so normal pullbacks don't shake the trade out), and three targets registered by touch. Full carry; the position closes at the final target, or earlier on a close below the stop or a bearish flip.
A persistent panel keeps the setup visible through the whole uptrend — entry, stop, live return, the three targets with hit status, trend, and trade state — with a marker at each target. Signals confirm on bar close (no repaint); one position at a time.
Arabic UI — key: الدخول = Entry · الوقف = Stop · السعر/العائد = Price/Return · هدف 1/2/3 = Target 1/2/3 · الاتجاه = Trend (صاعد Up / هابط Down) · صفقة مفتوحة = Open · بلغ الهدف الأخير = Final target reached · ضرب الوقف = Stopped · مراقبة = Monitoring.
Credits: trend logic adapted from the open-source "Trend Targets" by AlgoAlpha. Management, stop, panel, and alerts are original. Published open-source.
For education and research only — not financial advice, and no result is guaranteed.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.