INVITE-ONLY SCRIPT
Trend & Contrarian (Expo)
Updated
Trend & Contrarian (Expo) is a powerful trend tool with adaptive contrarian- signals. A strong trend is displayed by the background color and the unique Trend dots/line can be used to confirm a strong trend or to identify early trend reversals. The contrarian-signals are adapting dynamically to price moves and should be used as 'preparation' or 'warning' prior to trigger, should be confirmed by a trend reversals signal or by other indicators.
The contrarian signals should only be used if the user fully understands how they work, please test the feature before entering a trade based on it. However, these signals can be very valuable if used correctly.
HOW TO USE
INDICATOR IN ACTION
4-hour chart
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
The contrarian signals should only be used if the user fully understands how they work, please test the feature before entering a trade based on it. However, these signals can be very valuable if used correctly.
- Green background color ➞ Strong Positive Trend
- Red background color ➞ Strong Negative Trend
- No background color? ➞ No strong trend. The Trend Dots/line determine the trend
HOW TO USE
- Identify strong trends
- Identify trend reversals
- Identify contrarian signals
INDICATOR IN ACTION
4-hour chart
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Release Notes
Improvements!- Strong Trend Alerts Added (Green Bg = Strong Positive Trend & Red Bg = Strong Negative Trend)
- Trend Alerts Added (When the Trend line shift color)
Release Notes
Improvements!- Buy/Sell Signals (with alerts) Added
- Peak Profit Calculation Added
- Suggested take-profit circles (with alerts) Added
Release Notes
Improvements! - Stability improvements
- ShortTerm Trend Added
Release Notes
Improvements! - Early Signals Added
Release Notes
Improvements!- Peak Profit Alerts Added
Release Notes
Improvements!- Performance Improvements
- Optimization of the settings layout
- Trend Projection Added
Release Notes
Improvements!- Improved computing performances
- Minor changes
Release Notes
Improvements!- Performance Improvements
Release Notes
Improvements! - Performance Improvements
Release Notes
Improvements! - Trend continuation signals added
Release Notes
Improvements!- Performance improvements
- Alerts added
Release Notes
Take Profit Alerts AddedRelease Notes
- Probability Cloud
- Enhanced Signals
Release Notes
Minor performance improvementsRelease Notes
Performance ImprovementsInvite-only script
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Access my indicators at: linktr.ee/zeiierman_trading
Earn $15
tradingview.com/gopro/?share_your_love=Zeiierman
SMC Trading
linktr.ee/zeiierman_trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.