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Algoway V4.2
Algoway V4.2 — Multi-layered Strategy Powered by ADX, MACD & PSO
Overview
Algoway V4.2 is a multi-indicator algorithmic strategy built to adapt to any timeframe, combining:
an enhanced Premium Stochastic Oscillator (PSO),
a normalized MACD for volatility-adjusted signals,
a zone-based ADX oscillator with trend-strength filtering,
and an optional Candle Strength Oscillator (CSO) for microstructure confirmation.
This document includes a parameter configuration example specifically for the 5-minute timeframe, which is ideal for crypto scalping due to its volatility and responsiveness.
Recommended Parameters (Example for 5-Minute Timeframe)
Module Parameter Value Explanation
Stochastic (PSO)
Stochastic Period 13 Shorter period for faster signal reaction on volatile 5M candles
Smoothing Period 4 Balanced smoothing between reactivity and noise filtering
Upper Level 0.8 Slightly stricter overbought zone
Lower Level -0.7 Softer oversold zone to avoid premature exits
Candle Strength
Base Period 100 Standard evaluation window
Smooth 3 Mild smoothing to reduce noise
Upper Zone Level 18 High bullish candle momentum threshold
Lower Zone Level -18 Strong bearish momentum detection
Flat Range 10 Indicates price compression/sideways zone
MACD
Fast EMA 5 Fast-reacting EMA for sharp swings
Slow EMA 12 Slightly shortened to match 5M dynamics
Signal SMA 4 Sharp trigger filter for entries
Normalization Period 75 Tailored to fast-moving crypto volatility
Upper MACD Threshold 0.7 Signal confirmation filter in overbought zones
Lower MACD Threshold -0.7 Confirmation filter for oversold zones
ADX
ADX Smoothing 14 Standard smoothing
DI Length 14 Standard DI period
Level Range 20 Range zone definition (yellow)
Level Trend 40 Peak zone definition for strong trends
Why These Values for 5M
Shorter stochastic and MACD periods give the strategy faster reaction to short-term bursts and reversals, crucial for 5M scalping.
Tighter PSO overbought/oversold levels allow more precise filtering of premature entries.
Normalized MACD ensures signal consistency across different volatility environments — vital for crypto assets.
Candle Strength remains at default for structural validation during trend fatigue or chop.
Conclusion
Algoway V4.2 is a universal, adaptive trading strategy. It operates effectively on any timeframe — from scalping to swing — and any volatile asset class, especially cryptocurrencies.
The above table showcases a fine-tuned example for 5M, suitable for scalping pairs on Binance, OKX, Bybit, etc.
Overview
Algoway V4.2 is a multi-indicator algorithmic strategy built to adapt to any timeframe, combining:
an enhanced Premium Stochastic Oscillator (PSO),
a normalized MACD for volatility-adjusted signals,
a zone-based ADX oscillator with trend-strength filtering,
and an optional Candle Strength Oscillator (CSO) for microstructure confirmation.
This document includes a parameter configuration example specifically for the 5-minute timeframe, which is ideal for crypto scalping due to its volatility and responsiveness.
Recommended Parameters (Example for 5-Minute Timeframe)
Module Parameter Value Explanation
Stochastic (PSO)
Stochastic Period 13 Shorter period for faster signal reaction on volatile 5M candles
Smoothing Period 4 Balanced smoothing between reactivity and noise filtering
Upper Level 0.8 Slightly stricter overbought zone
Lower Level -0.7 Softer oversold zone to avoid premature exits
Candle Strength
Base Period 100 Standard evaluation window
Smooth 3 Mild smoothing to reduce noise
Upper Zone Level 18 High bullish candle momentum threshold
Lower Zone Level -18 Strong bearish momentum detection
Flat Range 10 Indicates price compression/sideways zone
MACD
Fast EMA 5 Fast-reacting EMA for sharp swings
Slow EMA 12 Slightly shortened to match 5M dynamics
Signal SMA 4 Sharp trigger filter for entries
Normalization Period 75 Tailored to fast-moving crypto volatility
Upper MACD Threshold 0.7 Signal confirmation filter in overbought zones
Lower MACD Threshold -0.7 Confirmation filter for oversold zones
ADX
ADX Smoothing 14 Standard smoothing
DI Length 14 Standard DI period
Level Range 20 Range zone definition (yellow)
Level Trend 40 Peak zone definition for strong trends
Why These Values for 5M
Shorter stochastic and MACD periods give the strategy faster reaction to short-term bursts and reversals, crucial for 5M scalping.
Tighter PSO overbought/oversold levels allow more precise filtering of premature entries.
Normalized MACD ensures signal consistency across different volatility environments — vital for crypto assets.
Candle Strength remains at default for structural validation during trend fatigue or chop.
Conclusion
Algoway V4.2 is a universal, adaptive trading strategy. It operates effectively on any timeframe — from scalping to swing — and any volatile asset class, especially cryptocurrencies.
The above table showcases a fine-tuned example for 5M, suitable for scalping pairs on Binance, OKX, Bybit, etc.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.