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.
Notes de version
update and bug fix
Notes de version
bugfix
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added MTF levels for day trading timeframes <1HR
Notes de version
added MTF levels for day trading timeframes <1HR
Notes de version
refactored
Notes de version
Kijun momentum optimised
MTF calculations refactored
Notes de version
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!
Notes de version
value adjustment
Notes de version
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)
Notes de version
value fix
Notes de version
updated Kijun momentum algo
updated MA momentum algo
Notes de version
updated pullback algo
Notes de version
PB bugfix
Notes de version
added alerts for all signals and confirmations.
Notes de version
lower level mtf support resistance (dots) now also change to white on dark background setting

algo for MA momentum (color) adapted for better timing
Notes de version
- 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.

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