zzzune

ZTrend_RestAcc

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Pick Bottoms and Tops of a trend with ZTrend indicator.

Rules of Trading with ZTrend

1) Use this indicator in multi frame for superb results.

2) If you are a Short Term trader, then use 2 hourly and Daily timeframe combination. So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle turns red. Ride the trend and do not exit until the 2 hourly candle turns Red.

3) When 2 consecutive candle body become thin, means end of a trend is near. Therefore either reduce the position or hedge.

4) If there is a steep fall (long Red bars), then the first green candle is generally a false signal. Never enter on such bounces.

5) Double bottom , means the low price of two consecutive swings are same/nearly same. That it is a much better signal. Entry after a double bottom is a very strong signal.

6) Trade only on trending stocks or indexes. If a stock is making many red and green candle, then never try to trade it on ZTrend.


Discipline is the key, therefore exit on the indication and do not wait in hope of marking turning your side.
Release Notes: Updated with Additional filter. Filter to take a trade and exit a trade is identified on chart with arrows.
Release Notes: Overlay changed to overlay on chart.
Hide the main chart bars to view ZTrend bars.
Release Notes: In this version, OverSold and Overbought Indication on bar itself, as Black Color.
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We are able to add Z_HA, but not this one :(
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Hi, Kindly grant permission to use the ZTREND indicator, Thanks.
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please grant permission ji
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can i get the permission to use it, thanks. Sandeep
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can you grant me permission
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can you grant me permission
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zzzune nheminism21
@nheminism21, This one is for my clients. You may use ZTrend, which is open.
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Hi! Could you please grant a permission? thx
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ldbarnes3 mikhail7447
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zzzune mikhail7447
@mikhail7447, Hey mikhail, This one is for my clients. You may use ZTrend, which is open.
+2 Reply
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