summary: edgeful's all access plan includes 4 day-trading algorithms — ORB, IB, gap fill, and engulfing. they run through TradingView, connect to your broker, and execute trades automatically. this is your starting point for everything algo-related.
what are edgeful's algos?
edgeful offers 4 algorithmic trading strategies that run as TradingView indicators. you apply them to a chart, customize your settings, set alerts, and edgeful routes the trades to your connected broker — or you can use them visually and manage entries yourself.
all 4 algos are optimized for day trading — entering and exiting within the same session. every algo is fully customizable — adjust timeframes, entry levels, profit targets, and risk limits. test everything in TradingView's strategy tester/strategy report before going live.
the 4 algos
ORB (opening range breakout) — trades the first breakout outside the opening range (typically the first 15 minutes). works best in trending markets with clear directional bias. available in 3 variants:
ORB — standard single take-profit strategy
ORB — 2 TP — scales out at two profit levels, locking in early gains while letting the rest run
ORB — breakeven stop — moves your stop-loss to break-even after hitting the first profit target
IB (initial balance) — trades breakouts from the first hour of the session, entering on retracement back into the range at a user-defined level. better for ranging or mean-reversion setups. available in 2 variants:
IB — standard initial balance strategy
IB — breakeven stop — moves your stop-loss to break-even after hitting the first profit target
gap fill — trades the expectation that price will return to the previous session's close after gapping at the open. works especially well on assets with significant overnight gaps.
engulfing — trades candlestick patterns where a new candle completely engulfs the previous candle's range — a potential reversal or momentum signal. can be applied to any timeframe.
that's 7 algo indicators total in TradingView — 3 ORB variants, 2 IB variants, gap fill, and engulfing.
getting started
if you just got the all access plan — where to start with algos walks you through the full setup from first login to your first automated trade.
algo guides
each algo has its own detailed article covering how it works, customization, and troubleshooting.
→ using the ORB algo — covers ORB standard, ORB 2TP, and ORB breakeven stop
→ using the initial balance (IB) algo — covers IB standard and IB breakeven stop
gap fill and engulfing guides coming soon.
customization and optimization
once you're set up, these articles cover how to dial in your settings and test them.
execution and broker setup
troubleshooting
something not working? start here.
common questions
do I need the all access plan for algos?
yes. algorithmic trading — including all 7 algo indicators, the algo analyzer, and automated trade execution — is only available on the all access plan.
does TradingView need to stay open?
no. TradingView alerts run on their servers — you don't need the browser or app open. you just need an active TradingView subscription with your alerts configured. see setting up TradingView alerts for algo automation for the full breakdown.
can I run multiple algos on the same ticker?
you can, but don't run variants of the same algo on the same chart — alerts will overlap. for example, don't run ORB standard and ORB 2TP on the same chart. run different algos on separate charts or different tickers.
which variant should I use?
start with the standard version of the algo you're interested in. once you're comfortable, test the breakeven stop or 2TP variants in the strategy tester/strategy report to compare results. the variant that produces a better profit factor and drawdown on your instrument becomes your production setup.
can I use the algos manually instead of automating?
yes. you can use the indicators visually and manage entries yourself — automation isn't required. the algo shows entry, TP, and SL levels on your chart regardless of whether you've connected a broker.
can I request a custom algo?
yes — reach out to support via the in-app chat to discuss a custom algo build.