All indicators / RayAlgo

RayAlgo
review & score

By · checked 2026-11-03

Paid (invite-only) · Signal / market-structure suite

51 Provisional out of 100

Last reviewed 2026-11-03 · Updated 2026-11-03: pros, cons and verdict re-sourced

Risk warning: Trading involves substantial risk of loss. Past or backtested performance does not guarantee future results. Scores rate the product, not trade outcomes. Risk disclaimer

Best forTraders who want an all-in-one signal and market-structure overlay that works on TradingView's free plan.

Visit RayAlgo

Score breakdown

FactorPointsMax
Repaint risk (audit pending)8/ 25
Source transparency5/ 20
Price value10/ 15
Backtest / claim honesty10/ 15
Vendor transparency13/ 15
Platform reach + alerts5/ 10

See the methodology. Provisional until repaint audit.

RayAlgo Pro 3.0 suite; works on TradingView's free Basic plan; TradingView only (no MT4/5).

Pros and cons

Pros

  • Works with TradingView's free Basic plan
  • Monthly or yearly billing; yearly $119
  • Alerts on TradingView
  • 14-day money-back guarantee on the pricing page

Cons

  • Does not run on MetaTrader 4/5
  • No free trial or free scripts found
  • Closed-source invite-only script

From the vendor’s public pages (source). Not from trading tests.

Runs on TradingView: open TradingView.

TradingView link is an affiliate link: we may earn a commission at no cost to you. It never changes the score.

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Affiliate disclosure: some links on NextCandle are affiliate links (currently TradingView, AlgoAlpha, TrendSpider and TradersPost). We may earn a commission at no cost to you. Vendors never pay for placement or score. Scores are provisional until our repaint audit is complete. Not financial advice: indicators do not guarantee profits. Data checked 2026-11-03. Full disclosure