INVITE-ONLY SCRIPT

Zentrading Trend Indicator v3.1

已更新

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.

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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

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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!

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value adjustment

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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)

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value fix

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updated Kijun momentum algo
updated MA momentum algo

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updated pullback algo

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PB bugfix

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added alerts for all signals and confirmations.

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lower level mtf support resistance (dots) now also change to white on dark background setting

algo for MA momentum (color) adapted for better timing

發行說明

- 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.