Algorand (ALGO) signals

When SignalEye buys ALGO

• A 4-hour candle closes above the highest high of the previous 40 candles (about a week).
• ALGO is in an uptrend: price is above its 200-candle average, and the trend is strong (ADX 25 or more).
• Bitcoin is above its 200-day average, so the wider market supports buying.
• The stop loss sits 3 times ALGO's usual candle range below entry; targets are at 2 and 4 times that distance. Signals close after 72 hours if neither is reached.

Details on How it works and in breakout trend following explained.

ALGO in the 5-year backtest

Trades

45

Closed in profit

47%

Reached TP1

11%

Average per trade

+1.10%

Profit factor

1.35

Tested from 2021-10-14 to 2026-10-13 on 4-hour Binance candles with 0.1% fee per side, following the bot's exit plan. Past results do not guarantee future results.

Recent ALGO signals

No ALGO signal has closed recently. Open signals are only visible to subscribers in Telegram; the full list is on the track record.

Questions about ALGO signals

Does SignalEye send ALGO signals?

Yes. SignalEye checks Algorand (ALGO)/USDT on Binance after every 4-hour candle and sends a buy signal with entry, stop loss and two targets when its breakout rules line up. Signals for ALGO are part of Premium; the free plan covers selected coins.

When does SignalEye buy ALGO?

Only when the 4-hour candle closes above the highest high of the previous 40 candles, price is above its 200-candle average, the trend is strong (ADX 25 or more) and Bitcoin is above its 200-day average. Many weeks have no signal.

How did the strategy do on ALGO in backtests?

From 2021-10-14 to 2026-10-13 it took 45 Algorand (ALGO) trades, 47% of them closed in profit, with a positive average of +1.10% per trade after fees (profit factor 1.35). Past results do not guarantee future results.