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AlgoBot Scalper Racer is a dynamic momentum indicator built for scalpers and intraday traders looking to capture precise entry signals during trending conditions. It combines multi-stage signal logic, adaptive support/resistance (S/R) zones, and trend-based filtering to deliver actionable trading opportunities with visual clarity. With flexible signal modes, trend-aligned filtering, and full customization, this tool is ideal for traders who value speed, structure, and visual confirmation.
Key Features
Dual Signal Modes (Type A & B)
Supports two distinct signal types: Type A for early entries during shallow retracements and Type B for deeper pullback setups. Enables traders to adapt their strategy to different volatility environments.
Racing Lights Visual Panel
A built-in signal staging panel shows real-time progression toward a full buy or sell signal. Each stage lights up as conditions are met, providing clear and structured confirmation before entry.
Multi-Timeframe Support/Resistance Zone Detection
Plots key S/R zones based on pivot logic and market volatility. Users can adjust the detection timeframe, sensitivity, and zone width to reflect relevant price structures.
Trend Band Filter
Uses a dual moving average band to determine market trend direction and strength. Signals can be filtered to appear only when aligned with the trend, helping reduce noise and false signals.
Multi-Timeframe Band Analysis
Enhances signal reliability by calculating the trend Band on a higher timeframe. This feature aligns short-term entries with larger market context, improving directional accuracy.
Signal Candle Marking
Adds arrows and optional background highlighting to the chart for each entry signal. Traders can fully customize the arrow style and color to fit their chart layout.
Custom Visual Theme
Includes extensive visual customization for S/R zones, Band colors, and signal markers. Personalize how resistance, support, and mitigated zones appear, along with uptrend/downtrend Band colors.
Custom Alerts
Built-in alerts notify you when a valid buy or sell signal occurs, ensuring you never miss an opportunity—even when away from the screen. Alerts can be triggered on full signal confirmation and are compatible with TradingView’s alert system.
AlgoBot Scalper Racer Key Features Summary
- Provides Type A and Type B signals for shallow and deep pullbacks
- Displays real-time Racing Lights panel for staged signal confirmation
- Detects and plots adaptive S/R zones based on pivot logic
- Applies trend-sensitive Band filter using fast and slow moving averages
- Supports multi-timeframe Band for broader trend alignment
- Marks entry candles with arrows and optional background shading
- Offers fully customizable visual themes for zones and indicators
- Ideal for fast-paced scalping and intraday momentum trading
