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已更新 Zentrading Trend Follower
Our Trend following indicator is designed to get you in every trend safely, but perhaps most importantly, keeps you out of bad trades.
It performs well on all assets as it captures trending moves.
It does not only provide you with buy or sell signals you have to react on quickly, rather, it shows you when a trade setup is active. In this way you can anticipate the break of the breakout level to enter the trade. A trailing stop loss is used to exit.
It will work on all timeframes, but as lower timeframes add more noise to the market there will naturally be more losing trades than on higher timeframes. We recommend using it on anywhere from the weekly down to 1 or 2 HR -0.44% timeframes.
It is very simple to use:
The shaded areas on the chart indicate that a trade setup has been detected: Green for bullish setups, red for bearish setups.
The blue dots are plotted as the breakout level, if the price breaks this level the trade is entered. (as you can see on the chart, they can sometimes move towards the price!)
Red crosses are plotted as your trailing stop loss, if price breaks the stop loss the trade is closed.
This is a subscription indicator, please pm for information on how to access.
Happy trading!
It performs well on all assets as it captures trending moves.
It does not only provide you with buy or sell signals you have to react on quickly, rather, it shows you when a trade setup is active. In this way you can anticipate the break of the breakout level to enter the trade. A trailing stop loss is used to exit.
It will work on all timeframes, but as lower timeframes add more noise to the market there will naturally be more losing trades than on higher timeframes. We recommend using it on anywhere from the weekly down to 1 or 2 HR -0.44% timeframes.
It is very simple to use:
The shaded areas on the chart indicate that a trade setup has been detected: Green for bullish setups, red for bearish setups.
The blue dots are plotted as the breakout level, if the price breaks this level the trade is entered. (as you can see on the chart, they can sometimes move towards the price!)
Red crosses are plotted as your trailing stop loss, if price breaks the stop loss the trade is closed.
This is a subscription indicator, please pm for information on how to access.
Happy trading!
版本注释
this is a testing version of the trading system. 版本注释
added superstochastic entry filterIf indicator says go, enter trends on breakouts on L1 and L2 signals.
Still in testing phase, will push to all subscribers when done.
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filters applied to L2 Signals, no more need for manual confirmation版本注释
signals filtered版本注释
bugfix版本注释
filters adjusted版本注释
rework版本注释
bugfix版本注释
bugfix?版本注释
bug fix that maybe will go through..?版本注释
added cross signal版本注释
changed labels版本注释
KS and 9 ma in stead of ribbon for better readability.Added double exhaustion cycle:
single exhaustion = red/ blue dot
double exhaustion = red/blue diamond + arrow. (high probability countertrend if confirmed by oscillators)
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alerts fixed版本注释
new versionno change in signals
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bugfix版本注释
added multiple time frame support and resistance levels -> Black crosseshelp find relevant levels and extra confirmation of trend reversal (an MTF cross forming above or below the candle, resp. bearish and bullish signal)
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bugfix for repainting crosses版本注释
updated MTF support/resistance crosses:updated selection criteria
timeframe adjustment added
MTF cross flipping more reliable
previous MTF cross levels more valuable
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fixed MTF bug版本注释
MTF bug fix版本注释
added intraday MTF support/resistance levels: purple dotstracks levels in timeframes under 60 min
Main use is on intraday charts
option to switch them off in the indicators settings window
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updated efficiency版本注释
added filter for L1 signalsupdated intraday timeframe analysis efficiency
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added trend filter for easier trend trading.BullOK - buy L1/L2 signals, buy breakout setups
BearOK - sell L1/L2 signals, sell breakout setups
Range - price is ranging, don't trade L1/L2 signals, don't trade breakout setups.
版本注释
cosmetic update版本注释
cosmetic update版本注释
cosmetic update版本注释
alert conditions updated版本注释
updated alert conditions - added reversal版本注释
updated alert conditionsadded clouds
better visibility on dark charts
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updated colours版本注释
fixed breakout bugadded break labels to confirm breakout trade
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fixed bug in fiter algo版本注释
updated filter algoupdated exhaustion algo and changed signals to reversal signals: R1 and R2
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corrected colours版本注释
updated major and minor exhaustion cycle signalsadded text for long term and immediate bias and price
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bugfix版本注释
bugfix版本注释
bugfixbreak labels changed to gray confirmation triangles to clean up the chart a bit
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adjusted both confirmation alto's to be more responsive. This means using both confirmations becomes more important!adjusted L1 and L2 algo's to better fit. L1 are arrows, L2 triangles
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bugfix in signal版本注释
bugfix版本注释
bugfix L1 signal版本注释
bugfix版本注释
updated barfilter版本注释
trend filter adjustment版本注释
bugfix版本注释
mtf cross added
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