INVITE-ONLY SCRIPT
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Zentrading Trend Indicator v3.1

882
This is a script for beta testing only.
Based on ichimoku, but with slightly different behaviour, with many added features such as : trend detection, momentum detection, multiple time frame support/resistance levels, exhaustion/reversal signals.
Used in conjunction with the other ZT indicators (ZT momentum, ZT CyclePhase, and ZT Volumebars) the strategy provides very distinct setups to trade for reversals, breakouts and pullbacks.
Nota Keluaran
update and bug fix
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bugfix
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added MTF levels for day trading timeframes <1HR
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added MTF levels for day trading timeframes <1HR
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refactored
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Kijun momentum optimised
MTF calculations refactored
Nota Keluaran
added logic for pullback trades
Pb signal requires a followthrough: if buy signal, buy the break of high of candle with signal
if sell signal: sell the break of the low of the candle with signal
Note:
FIRST PULLBACK TRADE OF TREND IS THE STRONGEST!
Nota Keluaran
value adjustment
Nota Keluaran
Added pullback trade to breakout setups:
First Pullback trade is now DURING breakout setup.
The Safest pullback is now the 2nd pullback trade (the first after a triggered breakout)
Nota Keluaran
value fix
Nota Keluaran
updated Kijun momentum algo
updated MA momentum algo
Nota Keluaran
updated pullback algo
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PB bugfix
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added alerts for all signals and confirmations.
Nota Keluaran
lower level mtf support resistance (dots) now also change to white on dark background setting

algo for MA momentum (color) adapted for better timing
Nota Keluaran
- fixed bug in breakout setups: breakout setup would appear after sharp move in opposite direction, now no longer do.
- changed color for lower level MTF support/resistance: now the same as the higher level MTF: black or white
- minor adjustment to PB detection.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.