Zenith by Jaehee

semalam

Zenith (Invite-Only)

Overview

• This indicator is a trend-following, regime-aware signal tool designed to surface actionable long/short entries only when multiple, independent conditions align.
• It emphasizes trend initiation (not late trend chasing) and provides structured take-profit (TP1/TP2/TP3) cues when momentum weakens after entry.
• It is an indicator (not a strategy). It does not place trades, manage orders, or guarantee outcomes.

What makes it different

• Regime windowing: Signals are permitted only shortly after a regime flip and only if trend quality conditions persist (streak). This reduces signals that arrive too late in mature trends.
• Multi-filter consensus: Trend EMA slope/position, RSI state/slope, ADX/DI separation, volume expansion, and optional structure break (HH/LL) must agree before any entry is considered.
• Volatility & squeeze awareness: A TTM-style squeeze gate avoids chasing during compression unless a valid release is detected.
• Momentum-based TPs: After a valid entry, RSI divergence at confirmed pivots defines TP1→TP3 in the trend direction (price makes a new extreme while RSI momentum fails to confirm).
• Minimal repaint design: Signals and TPs are formed on confirmed pivots and bar close logic; HTF requests use lookahead_off. (See “Repainting & calculation notes.”)

How it works (signal engine)

• Trend filter:
  • Baseline EMA and its slope define directional bias (price vs baseline, rising/falling baseline).
• RSI state & slope:
  • RSI must be above/below its midpoint and (optionally) rising/falling to validate momentum alignment.
• Directional strength (ADX/DI):
  • ADX must exceed a minimum; DI+ vs DI− alignment confirms directional pressure.
• Liquidity/participation:
  • Volume must exceed its SMA×mult to avoid low-quality moves.
• Structure confirmation (optional):
  • Break of recent highs/lows (windowed) helps filter range noise.
• Squeeze gate:
  • During BB-inside-KC compression, entries are held back unless a valid release (KC breakout) or ATR expansion is present.
• Regime window:
  • After Long/Short pass flips from 0→1, entries are allowed for a limited number of bars (window) and only after a streak (N consecutive bars meeting conditions).
• HTF alignment (optional):
  • Higher-timeframe EMA trend must agree with the local setup (no lookahead).

Signals & labels

• Entry labels:
  • Long Entry = “Long Entry” (below bar)
  • Short Entry = “Short Entry” (above bar)
• Shapes:
  • Diamonds mark entry points; optional “Macro-only” mode shows only regime-grade signals.
• Visual ribbon:
  • A gradient band around the baseline provides context for volatility and bias; it does not alter signal logic.

Take-Profit framework (momentum weakening)

• After a Long Entry, the script tracks confirmed price pivot highs vs confirmed RSI pivot highs:
  • TP trigger (Long): new price pivot high higher than prior, but RSI pivot high lower → bearish divergence (momentum weakening).
  • Ordering: TP2 must print above TP1; TP3 must print above TP1/TP2.
• After a Short Entry, the script tracks confirmed price pivot lows vs confirmed RSI pivot lows:
  • TP trigger (Short): new price pivot low lower than prior, but RSI pivot low higher → bullish divergence.
  • Ordering: TP2 must print below TP1; TP3 must print below TP1/TP2.
• Why divergence?
  • It captures fading momentum within an ongoing move, enabling staged partial exits without predicting tops/bottoms.

How traders typically use it

• Discretionary entries with rules:
  • Confirm on bar close to avoid intrabar flips.
  • Favor higher-timeframes for reliability; in practice, the 1-hour chart has been a balanced choice between responsiveness and noise.
• Risk & exits:
  • Combine the indicator’s entries with independent risk management (fixed/ATR stops, volatility-scaled sizing).
  • Use TP1→TP3 for partials; trail the remainder by structure/ATR or your preferred method.

Why it can add value (without hype)

• Noise rejection: By requiring simultaneous agreement across trend, momentum, participation, and compression, many low-quality whipsaws are filtered out.
• Timeliness: Limiting signal eligibility to a post-flip window seeks to capture the early phase of regime change instead of late escalations.
• Clarity: The gradient ribbon and explicit labels (“Long Entry”, “Short Entry”, “TP1–TP3”) make execution rules transparent and repeatable.
• Adaptability: Inputs (RSI length/midline, ADX/DI thresholds, squeeze, HTF alignment, structure, window/streak sizes) allow tuning for symbols/timeframes.

Best practices (recommended use)

① Confirm on bar close
  • Signals can change intrabar; execute after the bar has closed.
② Validate across multiple timeframes
  • Although the tool adapts to volatility, reliability improves on higher timeframes.
  • In practice, the 1-hour chart has shown a stable balance between reactivity and noise.
③ Align with ribbon bias
  • Trade in the same direction as the ribbon/baseline slope to reduce counter-trend exposure.
④ Combine with independent risk management
  • Use stop-losses, position sizing, or ATR-based targets outside the script.
⑤ Use as confirmation, not prediction
  • Treat entries as confirmation of regime change, not as a forecast of future price.

Inputs you may care about

• Trend/Structure: EMA length, slope lookback, structure window, cooldown bars.
• Momentum: RSI length/midline, rising/falling filter, ADX length/min, DI separation.
• Participation: Volume SMA length & multiplier.
• Compression: BB/KC lengths & multipliers; require-release toggle.
• Regime quality: Flip window, streak size, ATR expansion vs baseline, max extension (ATR×), optional ADX rising, optional HTF alignment.
• TP controls: Enable/disable per side, max TP count (1–3), label offset/color.
• Visuals: EMA and ribbon display, diamond sizes, optional vertical lines.

Repainting & calculation notes

• No future-bar references: The script does not use future data. HTF calls use barmerge.lookahead_off.
• Pivot confirmation: Entries and TPs use confirmed pivots (pivotRight bars later). Labels are placed at the pivot bar index once confirmed.
• Intrabar updates: Values can update before the bar closes; confirm on close for decisions.
• HTF security: Higher-timeframe values are requested without lookahead; still, HTF bars finalize only when the HTF bar closes.

Limitations & responsible use

• Not financial advice. No guarantees of profitability; markets involve risk.
• Not a strategy. It does not place, manage, or cancel orders; you must supply risk controls.
• Parameter sensitivity. Different symbols/timeframes may require tuning.
• Divergence scarcity. TP1–TP3 are divergence-based; in strong trends without momentum fade, fewer TP signals will occur.

Disclaimer

• This indicator is provided for educational and informational purposes only.
• It does not guarantee profits, predict future prices, or replace independent judgment.
• Trading involves risk, and all decisions remain solely the responsibility of the user.
• By using this tool, you acknowledge that it is intended as a study aid within TradingView, not as financial advice or an automated trading system.

5 jam lalu

Nota Keluaran

Zenith (Invite-Only)

🆕 Update Notes (v7.3 Revision)

New TP Toggle
• Added Show TP Labels option to enable/disable TP markers on the chart.
• Core TP logic and divergence detection remain unchanged.

Improved Readability
• TP labels can now be hidden for a cleaner view.
• Entry signals, vertical lines, and gradient ribbon remain unaffected.

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Overview

Zenith is a trend-following, regime-aware signal tool that highlights actionable entries only when multiple independent filters align.
It focuses on early trend initiation and provides structured TP1–TP3 cues when momentum weakens after entry.
This is an indicator (not a strategy). It does not place or manage trades.

Key Features

Regime Windowing: Signals appear only after a regime flip and if quality conditions persist.

Multi-Filter Consensus: EMA slope, RSI state/slope, ADX/DI separation, volume, and optional structure break must align.

Squeeze Awareness: Avoids entries during compression unless a valid breakout or ATR expansion occurs.

Momentum-Based TPs: RSI divergence at pivots defines TP1→TP3.

Minimal Repaint: All signals use confirmed pivots and bar-close logic.

Usage Guidelines

① Confirm on bar close (signals can change intrabar).
② Favor higher timeframes (1H often balances reliability vs noise).
③ Trade with ribbon/EMA bias for better alignment.
④ Use independent risk management (stops, sizing, ATR trails).
⑤ Treat signals as confirmation, not prediction.

Disclaimer

This tool is for educational purposes only.
It does not guarantee profits or predict future prices.
Trading involves risk, and all decisions remain the responsibility of the user.