# RayAlgo Review: Score & Repaint Check (2026) | NextCandle

[All indicators](https://nextcandle.trade/) / RayAlgo

## RayAlgo
review & score
By [NK2](https://nextcandle.trade/about/#nk2) · checked 2026-11-03
Paid (invite-only) · Signal / market-structure suite

[51](https://nextcandle.trade/methodology/) 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](https://nextcandle.trade/risk-disclaimer/)
Best forTraders who want an all-in-one signal and market-structure overlay that works on TradingView's free plan.
[Visit RayAlgo](https://nextcandle.trade/go/rayalgo)

- Price: $29.90/mo or $119/yr ([source](https://rayalgo.com/pricing/); scored as $9.92/mo, annual ($119/12) rate)
- Platforms: TradingView
- Source code: Closed (invite-only script)
- Refund: 14-day money-back guarantee stated on pricing page ([source](https://rayalgo.com/pricing/))
- Repaint status: untested. Audit pending.

## Score breakdown

Factor | Points | Max | 
Repaint risk (audit pending) | 8 | / 25 | 
Source transparency | 5 | / 20 | 
Price value | 10 | / 15 | 
Backtest / claim honesty | 10 | / 15 | 
Vendor transparency | 13 | / 15 | 
Platform reach + alerts | 5 | / 10 | 
See the [methodology](https://nextcandle.trade/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](https://nextcandle.trade/go/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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## Similar
- LuxAlgo (51)
- PhantomFlow Pro (51)
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