Zentrading Trend Follower

22. Sept. 2018

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!

28. Feb. 2019

Versionshinweise

this is a testing version of the trading system.

1. März 2019

Versionshinweise

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.

7. März 2019

Versionshinweise

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

15. März 2019

Versionshinweise

signals filtered

16. März 2019

Versionshinweise

bugfix

20. März 2019

Versionshinweise

filters adjusted

1. Apr. 2019

Versionshinweise

rework

6. Apr. 2019

Versionshinweise

bugfix

6. Apr. 2019

Versionshinweise

bugfix?

6. Apr. 2019

Versionshinweise

bug fix that maybe will go through..?

9. Apr. 2019

Versionshinweise

added cross signal

9. Apr. 2019

Versionshinweise

changed labels

17. Juni 2019

Versionshinweise

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)

17. Juni 2019

Versionshinweise

alerts fixed

11. Aug. 2019

Versionshinweise

new version
no change in signals

12. Aug. 2019

Versionshinweise

bugfix

12. Aug. 2019

Versionshinweise

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)

17. Aug. 2019

Versionshinweise

bugfix for repainting crosses

25. Aug. 2019

Versionshinweise

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

2. Sept. 2019

Versionshinweise

fixed MTF bug

3. Sept. 2019

Versionshinweise

MTF bug fix

3. Sept. 2019

Versionshinweise

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

7. Sept. 2019

Versionshinweise

updated efficiency

12. Sept. 2019

Versionshinweise

added filter for L1 signals
updated intraday timeframe analysis efficiency

20. Sept. 2019

Versionshinweise

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.

20. Sept. 2019

Versionshinweise

cosmetic update

20. Sept. 2019

Versionshinweise

cosmetic update

20. Sept. 2019

Versionshinweise

cosmetic update

21. Sept. 2019

Versionshinweise

alert conditions updated

21. Sept. 2019

Versionshinweise

updated alert conditions - added reversal

23. Sept. 2019

Versionshinweise

updated alert conditions
added clouds
better visibility on dark charts

24. Sept. 2019

Versionshinweise

updated colours

27. Sept. 2019

Versionshinweise

fixed breakout bug
added break labels to confirm breakout trade

29. Sept. 2019

Versionshinweise

fixed bug in fiter algo

30. Sept. 2019

Versionshinweise

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

30. Sept. 2019

Versionshinweise

corrected colours

4. Okt. 2019

Versionshinweise

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

6. Okt. 2019

Versionshinweise

bugfix

8. Okt. 2019

Versionshinweise

bugfix

9. Okt. 2019

Versionshinweise

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

1. Nov. 2019

Versionshinweise

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

8. Nov. 2019

Versionshinweise

bugfix in signal

8. Nov. 2019

Versionshinweise

bugfix

9. Nov. 2019

Versionshinweise

bugfix L1 signal

11. Nov. 2019

Versionshinweise

bugfix

21. Nov. 2019

Versionshinweise

updated barfilter

26. Nov. 2019

Versionshinweise

trend filter adjustment

27. Nov. 2019

Versionshinweise

bugfix

28. Nov. 2019

Versionshinweise

mtf cross added