Product Updatespro signals v5 · product update · tradingview

    Pro Signals V5 Update: Star-Rated Signals, the Why, and a Built-In Trade Plan

    The biggest update to Pro Signals V5 yet. Every signal now comes with a 5-star rating, the reasons behind it, and a stop with three targets. Here's everything that changed.

    Nikolas MetreveliNikolas MetreveliFounder of SimpleAlgo3 min read
    Share
    Pro Signals V5 Update: Star-Rated Signals, the Why, and a Built-In Trade Plan


    Pro Signals V5 Update: Star-Rated Signals, the Why, and a Built-In Trade Plan

    Pro Signals V5 just got its biggest update. The name stays the same, and if you're a member it's already on your chart. What changed is how much the indicator tells you about every signal.

    Pro Signals V5 star-rated signals

    One engine, one idea

    The whole update is built around one idea: every signal comes with a score and the reasons.

    Pro Signals V5 reads one trend engine on your chart and on the two timeframes above it. Every tool on the chart is drawn from that same engine, so the trend line, the cloud, the candles and the signals never disagree with each other.

    What's new

  1. Star ratings. Every BUY and SELL is rated 0 to 5 stars from five plain checks. How the stars work.

  2. The Why. Hover a signal to see exactly which checks passed and which didn't, in plain words.

  3. Minimum stars filter. Hide anything below 3, 4 or 5 stars. Hidden signals aren't tracked or alerted either.

  4. Signal Mode. Conservative, Balanced or Aggressive. Each mode sets both how often signals fire and how wide the stop is.

  5. A full trade plan. One stop and three targets at 1x, 2x and 3x the risk. After the first target, the stop moves to your entry. Read more.

  6. Position sizing. Enter your account and risk % and every signal shows a size in shares, lots or contracts.

  7. A new Chart Dashboard. Trend, momentum, the open trade and all five checks in one corner. Dashboard guide.

  8. Smart money tools. Demand and supply zones, price gaps and structure breaks that clean themselves up. Read more.

  9. One alert for everything. Signals, targets, stops, exit flags and more through a single alert, with JSON for webhooks. Alert setup.

  10. Non-repainting. Every drawing and alert is created on closed candles.

    11. Already a member?

    Remove Pro Signals V5 from your chart and add it again so every setting starts from the new defaults. Then read the Quick Start. If you use alerts, delete and recreate them, because TradingView saves your settings inside each alert.

    Everything is documented in the Pro Signals V5 docs.

    SimpleAlgo provides educational tools and chart analysis. Nothing here is financial advice. Trading involves substantial risk of loss, and past performance does not guarantee future results.

    Filed under

    #pro signals v5#product update#tradingview#indicator
    Nikolas Metreveli, Founder of SimpleAlgo

    Written by

    Nikolas Metreveli

    Founder of SimpleAlgo

    Nikolas wrote his first real code at 12 and freelanced software tools and websites for small businesses before finding the markets at 15. He builds and maintains every SimpleAlgo indicator and writes these guides from hands-on use of the tools.

    TradingViewXYouTube
    More about Nikolas and SimpleAlgo

    Related Articles

    How the Pro Signals V5 5-Star Signal Rating Works
    Trading Education

    How the Pro Signals V5 5-Star Signal Rating Works

    Five checks, one star each. What every star in Pro Signals V5 means, which higher timeframes it reads, and how to actually use the rating.

    Sep 30, 20262 min
    Reading the Pro Signals V5 Chart Dashboard, Row by Row
    Trading Education

    Reading the Pro Signals V5 Chart Dashboard, Row by Row

    Trend, momentum, the open trade, its stars and the five checks: what every row of the Pro Signals V5 Chart Dashboard tells you.

    Sep 30, 20262 min
    Introducing Simple Oscillator Pro: Is Momentum With You or Against You?
    Product Updates

    Introducing Simple Oscillator Pro: Is Momentum With You or Against You?

    Simple Oscillator Pro is a brand new momentum indicator for premium members. One pane shows whether momentum is with you or against you, and how much fuel is left in your trade.

    Oct 2, 20264 min

    Related tools and guides

    Next steps on this topic from the rest of the SimpleAlgo library.

    Buy & Sell Signal IndicatorHow non-repainting entries and exits are printed.Indicator SuiteSignals, Oscillator, Trend Cloud and Screener.Confluence (definition)Stacking reasons without over-filtering.TradingView Guides32 free tutorials for alerts, indicators and layouts.V5 DocumentationEvery setting in the indicator suite, documented.AI Chart AnalyzerUpload a chart and get an instant breakdown.