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!

הערות שחרור:

this is a testing version of the trading system.

הערות שחרור:

added superstochastic entry filter

If indicator says go, enter trends on breakouts on L1 and L2 signals.

Still in testing phase, will push to all subscribers when done.

הערות שחרור:

filters applied to L2 Signals, no more need for manual confirmation

הערות שחרור:

signals filtered

הערות שחרור:

bugfix

הערות שחרור:

filters adjusted

הערות שחרור:

rework

הערות שחרור:

bugfix

הערות שחרור:

bugfix?

הערות שחרור:

bug fix that maybe will go through..?

הערות שחרור:

added cross signal

הערות שחרור:

changed labels

הערות שחרור:

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)

הערות שחרור:

alerts fixed

הערות שחרור:

new version
no change in signals

הערות שחרור:

bugfix

הערות שחרור:

added multiple time frame support and resistance levels -> Black crosses
help find relevant levels and extra confirmation of trend reversal (an MTF cross forming above or below the candle, resp. bearish and bullish signal)

הערות שחרור:

bugfix for repainting crosses

הערות שחרור:

updated MTF support/resistance crosses:
updated selection criteria
timeframe adjustment added
MTF cross flipping more reliable
previous MTF cross levels more valuable

הערות שחרור:

fixed MTF bug

הערות שחרור:

MTF bug fix

הערות שחרור:

added intraday MTF support/resistance levels: purple dots
tracks levels in timeframes under 60 min
Main use is on intraday charts

option to switch them off in the indicators settings window

הערות שחרור:

updated efficiency

הערות שחרור:

added filter for L1 signals
updated intraday timeframe analysis efficiency

הערות שחרור:

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.

הערות שחרור:

cosmetic update

הערות שחרור:

cosmetic update

הערות שחרור:

cosmetic update

הערות שחרור:

alert conditions updated

הערות שחרור:

updated alert conditions - added reversal

הערות שחרור:

updated alert conditions
added clouds
better visibility on dark charts

הערות שחרור:

updated colours

הערות שחרור:

fixed breakout bug
added break labels to confirm breakout trade

הערות שחרור:

fixed bug in fiter algo

הערות שחרור:

updated filter algo
updated exhaustion algo and changed signals to reversal signals: R1 and R2

הערות שחרור:

corrected colours

הערות שחרור:

updated major and minor exhaustion cycle signals
added text for long term and immediate bias and price

הערות שחרור:

bugfix

הערות שחרור:

bugfix

הערות שחרור:

bugfix
break labels changed to gray confirmation triangles to clean up the chart a bit

הערות שחרור:

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

הערות שחרור:

bugfix in signal

הערות שחרור:

bugfix

הערות שחרור:

bugfix L1 signal

הערות שחרור:

bugfix

הערות שחרור:

updated barfilter

הערות שחרור:

trend filter adjustment

הערות שחרור:

bugfix

הערות שחרור:

mtf cross added