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    Pro Signals V5 Documentation

    Everything in Pro Signals V5 explained in plain English: every signal, star, tool, setting and alert. New here? Start with installation, then run the five-minute quick start.

    Install Pro Signals V5 Quick Start (5 min)
    Pro Signals V5: star-rated BUY and SELL signals with the automatic stop and targets.
    Pro Signals V5: star-rated BUY and SELL signals with the automatic stop and targets.

    One engine, 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 nothing ever disagrees with the candles.

    • Signals with stars: an arrow when the trend turns and momentum agrees, rated 0 to 5 stars.
    • The Why: hover a signal or read the dashboard to see which checks passed and which did not.
    • A trade plan: one stop and three targets at 1x, 2x and 3x the risk, with the stop moved to entry after the first target.
    • Doesn't repaint: every drawing and alert is created on closed candles, and higher timeframes are read from their last closed candle.
    Same name, big update
    This is still Pro Signals V5. On your chart the dashboard header may read "PRO SIGNALS V5.1" and older guides may say "SimpleAlgo V5". It is the same indicator. If you already have access, the update is already on your chart.

    Browse the docs

    Installation
    Get Pro Signals V5 on your TradingView chart in a few minutes.
    Quick Start (5 min)
    The recommended starting setup and how to read your first signal.
    Signals & Stars
    When a signal fires, what each of the five stars means, and the Why.
    Chart Dashboard
    Every row of the dashboard explained in plain words.
    Stop, Targets & Risk
    The automatic stop, three targets, trailing stop and position size.
    Trend, Momentum & Reversal Tools
    Trend Line, Ribbon, Active Trend, Cloud, EMAs, candles and bands.
    Smart Money & Key Levels
    Demand and supply zones, price gaps, structure breaks, S&R and previous day levels.
    Alerts
    Buy, Sell, Target and Stop alerts, or one alert for everything, including webhooks.
    Full Settings Reference
    Every setting: what it does, its default and when to change it.
    Troubleshooting
    Can't find the script, signals look different, too many or too few signals.

    Still stuck? Email support@simplealgo.io or ask in our Discord.

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    Installation