OPEN-SOURCE SCRIPT

ZERO LAG TRADE SIGNALS by BootcampZero

Aktualisiert
The ZERO LAG TRADE SIGNALS by BootcampZero indicator is a versatile tool designed to help traders identify optimal entry and exit points for both short-term scalping and long-term trading across multiple time frames. It combines several well-known technical analysis methods, including moving averages, trend analysis, directional indicators, and adaptive trend calculations, to deliver reliable buy and sell signals.

Short-Term Scalping (Under 5-Minute Time Frames)
For short-term traders who prefer quick trades on lower time frames, such as under 5 minutes, this indicator uses a combination of the EMA (Exponential Moving Average) and SMA (Simple Moving Average) to spot fast trend reversals. The indicator is particularly useful for scalpers because it focuses on detecting short-term price momentum by comparing the faster-moving averages with slower ones, triggering signals based on their crossover.

Buy Signals are generated when a fast-moving EMA crosses above a slower-moving SMA, indicating upward momentum.

Sell Signals are triggered when the fast-moving EMA crosses below the slower-moving SMA, signaling potential downward price movement.

In addition, the Adaptive Trend Finder feature dynamically adjusts to recent price deviations and volatility, making it easier for scalpers to spot the prevailing short-term trend with high confidence. The indicator also uses ADX (Average Directional Index) for momentum confirmation, ensuring that signals are only generated during strong price trends, reducing false positives in sideways markets.

Long-Term Trading (Above 1-Day Charts)

When applied to higher time frames such as daily charts or above, this indicator excels in generating reliable long-term buy and sell signals, perfect for swing traders and long-term investors. The Kaufman Adaptive Moving Average (KAMA) and the Ichimoku Cloud are used to assess long-term trends by filtering out market noise and focusing on sustainable price direction.

KAMA helps to adapt the moving average based on market volatility, providing smoother signals that minimize whipsawing in longer-term trades.

Ichimoku Cloud provides additional trend confirmation by identifying whether the market is bullish or bearish based on the relationship between key lines like the Tenkan-Sen (Conversion Line) and Kijun-Sen (Base Line), and how the current price interacts with the Ichimoku Cloud itself.

The indicator also integrates PPO (Percentage Price Oscillator) to capture divergences between price and momentum, further supporting traders in holding positions for extended periods when the signal strength is robust.

Key Technical Values and Factors for Signals

EMA and SMA Crossover: Fast EMA vs. Slow SMA to detect short-term trend reversals.

ADX: Helps gauge the strength of the trend; signals are only generated in trending markets.

KAMA: Filters noise in long-term trends, providing smooth signals based on market volatility.

Ichimoku Cloud: Offers insight into long-term trends and momentum by analyzing price relative to the cloud.

PPO: Detects divergences between price and momentum for trend continuation or reversal signals.

How It Works
Buy signals are generated when bullish conditions are met, and the indicator confirms momentum with ADX, crossover of the EMAs, or a bullish breakout from the Ichimoku Cloud.
Sell signals are triggered when bearish conditions prevail, confirmed by the same factors in reverse, such as a bearish EMA crossover or weakness in ADX.

By combining these powerful tools, ZERO LAG TRADE SIGNALS by BootcampZero offers traders a comprehensive system for both quick scalping trades and more conservative long-term positioning, providing reliable and adaptive signals across different market conditions.
Versionshinweise
Hotfix: Session Colours
Versionshinweise
Hotfix: Session Colours
Versionshinweise
Chart update
Candlestick analysisChart patternsmultitimeframe

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


Auch am:

Haftungsausschluss