Zentrading Trend Indicator v3.1

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.

Versionshinweise:

update and bug fix

Versionshinweise:

bugfix

Versionshinweise:

added MTF levels for day trading timeframes <1HR

Versionshinweise:

added MTF levels for day trading timeframes <1HR

Versionshinweise:

refactored

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Kijun momentum optimised
MTF calculations refactored

Versionshinweise:

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!

Versionshinweise:

value adjustment

Versionshinweise:

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)

Versionshinweise:

value fix

Versionshinweise:

updated Kijun momentum algo
updated MA momentum algo

Versionshinweise:

updated pullback algo

Versionshinweise:

PB bugfix

Versionshinweise:

added alerts for all signals and confirmations.

Versionshinweise:

lower level mtf support resistance (dots) now also change to white on dark background setting

algo for MA momentum (color) adapted for better timing

Versionshinweise:

- 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.