Electronic Trading Hours! After-hours and pre-market data is needed for the indicator to make accurate predictions.

Target Zones consist of a Trigger (future support/resistance) and Target (algorithmic liquidity level).

Anchors are defined as bullish (cyan color) or bearish (pink color) based on the structure of the setup, and can be used to determine current directional momentum. Some traders use them as entry signals, in confluence with an EMA crossover strategy. Remember, the simplest way to trade Anchors is to know that price almost always makes a Return Visit. Anchor bias has no effect on the Return Visit strategy.

Target Zones are based on a proprietary prediction model using candle sequences, expected volatility and historic moves. For traders who want to know all of the data behind a prediction, we suggest using Anchors and Projected Ranges -- they have the same reliability as our other Targets, while also being completely transparent in setup and logic.

One of the simplest, highest probability ways to use the indicator, is to use Anchors as reversal targets. The strategy for this is to wait for price to break away from an Anchor, then look for signs of reversal back to it. We look for a clean break, with no touches of the Anchor level aside from the first candle wick. A trader could build an entire career around this single concept.

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Click on the Alerts symbol at the top of your Trading View window and select the Algo Targets indicator from the drop down list. We suggest using "Once Per Bar Close" when setting alerts. If you see a warning symbol when creating the alert, you can safely ignore the warning.

After we've activated your account, you should be able to install the Indicator by searching for "Algo Targets" in the the Trading View indictor list. If you see a red lock icon, simply refresh your browser so that Trading View can apply the permission update. If you are unable to access the indicator for any reason, please send us a message and we'll get it sorted as quickly as possible. Alternatively, you can go directly to this page, scroll down to Add to Favorites, and then it will be available to load it onto your chart from your Favorites list. https://www.tradingview.com/script/2z0l3xE8-Algo-Targets-Premium/

Yes. We use the 1-5 minute timeframe for day trades. For trades that are intended to be held over the course of a full trading session, it's critical to manage risk, especially if trading near-dated options contracts. We prefer to buy extra time on contracts to avoid theta decay.

This is a good question, but is not one that has had much impact to our real world trading. The short answer is, no, we have not found evidence that they expire. However, a long-overdue unfilled Target, by its nature, is probably sitting at the very top or bottom of a chart. If price has moved a great distance from a Target, we aren't going to focus on it. Instead, we're looking at the mountain of Target Zones and Anchors that it would take to get back to that level, and all of the trading opportunities that we'll have along the way. In other words, if SPY has an unfilled Target from several years ago, we aren't going to go full-port in hopes we that we hit that level. The risk/reward just doesn't make sense. Trade the closest opportunities first.

Yes. It has worked on everything we've tested. Make sure to backtest various timeframes to see what works best for your ticker.

Absolutely. There are hundreds (thousands?) of methods for determining entries and directional bias. Using your favorite Buy signal in combination with Algo Targets is a ninja power move.

Yes. We find that the 5-15 minute timeframe works well for swings. When considering a swing trade, we like to scan the past week's chart to look for unfilled anchors or price targets. These are circled on our chart and used as potential reversal levels. If price is consolidating in the middle of two unfilled price targets, we may enter a non-directional trade like a straddle or use other chart data for directional bias. When it doubt, sit it out. There is always another trade.

Short answer, we won't know until it happens. The Algo Targets indicator can help us maximize our gains by knowing how far the market is likely to move, but it can't tell us how soon price will get there. In cases where recent Targets exist in both directions, we'll either use additional data to pick a direction (such as Anchors + Projected Ranges, RSI, MACD, time of day, upcoming news events, etc). Or we'll enter a non-directional trade, like a long straddle (if the chart suggests increasing volatility) or a neutral credit spread (if the chart suggests contracting volatility). Or... even better, we'll wait for one side to fill and use that as a reversal entry toward the unfilled Target in the other direction. Algo Targets will present you with an almost infinite number of trading opportunities. There is no reason to over trade. Just wait for a great setup, get in, and get out.

Yes. One popular strategy among our users is to use the 30 second to 1 minute chart. Three potential ways to scalp: 1. Enter when price crosses into a Target Zone, ride the momentum to the Target level. 2. Wait for price to bounce on a Target level, then trade the reversal. 3. Enter on the appearance of an Anchor using directional Anchor bias.

Yes, but remember -- with great power comes great responsibility. Calls and puts will always be some of the riskiest ways to trade the market, and they are dependent on being directionally correct (and soon). They are also notorious for theta (time) decay. This means that as soon as you open the trade, you're in a fight against time. The Algo Targets indicator can help us maximize our gains by knowing how far the market is likely to move, but it can't tell us how soon price will get there. We don't mind this trade off, because knowing where the price wants to go, paired with a little patience, is plenty of information to build a strategy. In our trades, we prefer to minimize the effect of theta decay in a few ways: First, if we're trading calls/puts, we buy farther out expirations. This allows us to hold for bigger moves when they appear, rather than feeling pressure to cut at the first sign of profit. We also avoid buying calls or puts just before news or earnings events, as these often result in IV crush. Second, we employ advanced options trades in which theta works for us, not against us. Examples include covered calls, cash secured puts and certain types of debit and credit spreads. These allow us to enjoy the leverage of an options position while benefiting from the passage of time.

This is entirely up to you. Generally, we like to trade tickers with a lot of regular volume, like SPY, QQQ, AAPL, TSLA, MSFT, etc. Timeframe will depend on your personal trading style. We suggest backtesting various tickers and timeframes using Trading View's Replay feature. Past performance does not guarantee future results, but it should give you a good idea of which timeframes perform best over time with your particular ticker. When in doubt, zoom out.

Algo Targets is excellent for trading in retirement accounts. This is because most retirement accounts are built around a "buy and hold" strategy. However, "buy and hold" also means holding through the dips, and with Algo Targets, we can maximize the time we spend riding a stock up, and minimize the time we spend riding it down. For example, if a target appears on the 1 Day chart (and we like the stock), we might enter long, set a Sell Limit at the price target, and walk away. We don't have to worry too much about timing. Conversely, if a bearish target appears, we might use that as a Buy Limit entry. Rinse and repeat.

Every ticker and timeframe is different, but generally 95% of Targets are filled within a reasonable amount of time. How you define Reasonable is up to you, but generally, for 1-3 minute charts we give them 1-2 days to play out. 5-15 minute chart, 1-2 weeks, 1 hour to 1 day chart, 2-4 weeks. Of course, most are filled much quicker than that, and Targets that get left behind often make for some of the best trading opportunities. Please note, it is impossible to provide a success rate for every single ticker and timeframe. We suggest reviewing previous day's charts so see how the indicator performed on that timeframe in the past. If for example, you find that every single target was hit on the 2 min chart over the last few days, trade the 2 min chart!

Each ticker is slightly different, but in general, we expect: 1-3 minute chart Targets filled within 1-3 days 5 minute chart Targets fill within a week 1 day chart Targets fill within two weeks It's important to remember that market maker algos do not care about time the way we do. The indicator shows us the levels, but can't tell us when a target will fill. Keep this in mind with regard to risk management and options expiration dates. It's also important to remember that some Targets will be left behind. Targets tell use where the algos WANT to go, but they cannot tell us where they WILL go. (Also, keep in mind that every unfilled Anchor or Target is a future trade opportunity. There will always be another trade.)

The indicator does not display traditional Buy/Sell signals. Instead, it provides data on where price wants to go. This data can be interpreted in a few ways, depending on your particular trading strategy. For entries, a trader might consider: • Entering after price crosses a Trigger, in the direction of the Target • Entering after a Confirmation Candle appears, in the direction of the Target • Entering after price price crosses an Anchor Expansion trigger • Entering a reversal after price fills a Target • Entering a reversal after price fills an Expansion Leg • Entering long on the appearance of a bullish Anchor • Entering short on the appearance of a bearish Anchor All of these are valid entries, and as always, should be considered in confluence with each other and other signals.

If you aren't 100% happy with the Algo Targets indicator and service, send us a message with the first month and we'll refund your payment, no questions asked.

Yes, this is something we're working on. Please get in touch.

Yes, we're in the process of setting this up. The referral system will let active subscribers earn credits toward their subscription plan. If you are interested in joining the referral program, please get in touch.

You can log into your Memberful account to cancel at any time.

Yes, we offer a one time discount of 50% off your first payment period, using the coupon code ALGO50. You can apply this to any period you like -- monthly, quarterly or yearly. Future payment periods will renew at the regular price.