Pine Script v5 · TradingView · Technical Analysis Tool

Data. Strategy. Precision.

AlphaEdge

A multi-factor signal indicator that checks up to 15 technical conditions before showing a buy or sell signal. It's a decision-support tool, not a prediction engine.

View Plans → How it works

AlphaEdge is a technical analysis tool, not financial advice. It does not guarantee profits or predict price movement. See full disclaimer below.

15
Scoring Factors
3
Plan Tiers
6
Alert Types
14
S/R Lines
How It Works

Signals built on confirmation, not guesswork

Most indicators fire a signal off one condition. AlphaEdge waits for multiple technical factors to line up first — though no combination of indicators can guarantee an outcome.

01

Hull MA fires the trigger

The EHMA crossover starts the process. A fast, smooth moving average that reacts to price changes with relatively low lag.

02

Up to 15 factors are checked

Trend filters, momentum, volume, VWAP position, candle patterns, and divergence are each checked and weighted. None of them confirm what other traders are actually doing — they're read from price and volume data.

03

Score decides the outcome

Below the threshold, no signal shows. Medium score shows a caution label. A high score shows a "Strong" label — meaning more factors agree, not that the trade will work out.

04

SL and target levels are calculated

Stop loss and target levels are calculated from recent volatility (ATR). They're a reference for risk management, not a guarantee that price will reach them.

Ultra Feature

All the factors, in one view

The live dashboard shows the status of 11 technical factors in real time, so you don't have to check each one manually. It reflects current price and volume behavior — it does not show who is actually buying or selling.

200 EMA Trend
▲ BULL
HTF (60m) Trend
▲ BULL
Supertrend
▲ BULL
ADX (34.2)
✅ TRENDING
RSI (56.8)
✅ BULL ZONE
MACD
▲ RISING
Volume
🔥 SPIKE
VWAP
▲ ABOVE
Divergence
📈 BULL DIV
BUY SCORE
🔥 STRONG BUY
13/15
Pricing

Pick your edge

Start free. Upgrade when you're ready. All plans are one-time payments — no subscriptions, no renewals.

AlphaEdge Basic
Free

The core signal engine. Great for beginners learning to read price action with technical confirmation.

  • Hull MA buy/sell signals
  • 200 EMA trend filter
  • Supertrend directional filter
  • RSI overbought/oversold filter
  • Volume spike detection
  • 7-point equal-weight scoring
  • Green/red background shading
  • 3 basic alert conditions
  • No HTF confirmation
  • No ADX or VWAP filter
  • No SL/Target levels
  • No dashboard
Copy Script — Free
AlphaEdge Ultra
699 one-time

The complete system. Every filter, every signal type, full dashboard. Nothing held back.

  • Everything in Pro
  • RSI + MACD divergence detection
  • Candle pattern confirmation
  • Full weighted scoring (out of 15)
  • Live dashboard — all 11 factors
  • 14 dynamic S/R lines
  • 21 EMA + 100 EMA overlays
  • Bull/Bear divergence alerts
  • Background shading with HTF alignment
  • Configurable minimum score threshold
  • All ATR multipliers adjustable
  • Future updates included
Buy Ultra — ₹699

Payment via Instamojo · Supports UPI, all Indian cards, Net Banking · Script delivered instantly after payment

Compare Plans

Full feature breakdown

Feature Basic Pro Ultra
Core Signals
Hull MA buy/sell signals
200 EMA trend filter
Supertrend directional filter
RSI overbought/oversold filter
Volume spike detection
Green/red background shading
Advanced Filters
Higher Timeframe (HTF) confirmation
ADX trending filter
VWAP price-position filter
Candle pattern confirmation
RSI + MACD divergence detection
Risk Management
ATR stop loss on chart
T1 and T2 targets on chart
Support/Resistance lines 5 lines 14 lines
Scoring & Dashboard
Signal scoring system 7 pts 11 pts 15 pts
Weighted scoring (not all factors equal)
Live dashboard table
21 EMA + 100 EMA overlays
Alerts
Alert conditions 3 alerts 6 alerts 6 alerts
Pricing
Price Free ₹499 ₹699
Get Free Buy Ultra
FAQ

Common questions

Does AlphaEdge predict the market or guarantee profitable trades?

No. AlphaEdge reads price, volume, and momentum data and checks whether multiple technical conditions line up. It cannot see who is actually buying or selling, cannot factor in news or earnings, and cannot predict future price movement. A "Strong" signal means more technical factors agree at that moment — it does not mean the trade will be profitable. Every trade carries risk of loss regardless of the signal shown.

How do I get the script after buying?

After you complete payment on Instamojo, the Pine Script file is delivered to you automatically — no waiting, no manual steps. You'll also get an email with the download link. Open TradingView, go to Pine Editor, paste the code, save, and add to chart.

Can I use this on any stock or index?

Yes. AlphaEdge works on any chart in TradingView — NSE stocks, BSE stocks, Nifty 50, Bank Nifty, Sensex, or even crypto and commodities. It's been designed with Indian equity markets in mind, but the signal logic works on any liquid instrument.

Which timeframe should I use?

It depends on your trading style. For intraday, some traders use the 15-minute chart with HTF set to 1 hour. For swing trading, the 4-hour chart with HTF set to Daily is common. For positional trades, the Daily chart tends to generate fewer signals. Lower timeframes like 5-minute charts generally produce more noise with this kind of multi-factor strategy, but no timeframe removes the underlying market risk.

What is the difference between Pro and Ultra?

Pro adds three additional technical filters — HTF confirmation, ADX, and VWAP — plus ATR-based stop loss and target reference levels. Ultra adds divergence detection, candle pattern confirmation, the full live dashboard, and 14 S/R lines instead of 5. Whether the extra filters are worth it depends on how you trade; they don't change the underlying market risk.

Will this work for F&O trading — options and futures?

The same signal logic applies, but options carry additional risks beyond what this indicator covers, including time decay and volatility changes that don't show up on a price chart. Some traders match Call option entries to BUY signals and Put option entries to SELL signals, aligning the option's expiry with their chosen timeframe. This is a general approach, not a rule, and options trading can result in rapid and total loss of the premium paid.

Does the indicator repaint?

The Hull MA component can shift on the live (currently forming) bar — this is a known characteristic of the EHMA calculation. Signals on closed bars are stable. Always wait for the current candle to fully close before acting on any signal. Never enter a trade based on a signal on a forming candle.

Is there a refund policy?

Since this is a digital product that is delivered instantly, refunds are not available once the script has been downloaded. Please start with the free Basic plan to understand the signal logic before upgrading. If you have any issues with the script after purchase, contact us and we'll help you resolve it.