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Product Description
Are these the problems you're encountering?
- Your indicator signals reversals late, resulting in difficulty tracking the market trend.
- You're experiencing a limited number of trading opportunities per day.
- The interfaces of the indicators you're utilizing are complex and confusing.
If that's the case, then the Zerolag Schaff Trend Cycle indicator is the solution for you.
This upgraded version builds upon the original Schaff Trend Cycle with advanced algorithms.
How can it benefit you?
- Enter orders earlier, resulting in increased profits.
- Increase trading opportunities with high signal frequency, particularly advantageous for day traders or those employing scalping strategies.
- Identify short-term reversal signals and trend formations effectively.
- Enhance market analysis with a user-friendly interface.
- Remain informed even when away from the chart, preventing oversight of crucial market movements.
Signal mechanism
Zerolag Schaff Trend Cycle identifies reversal signals or new trend formations by analyzing Upper and Lower conditions.
- For an uptrend reversal, the indicator generates a Buy signal when its signal line breaks out of the Lower threshold.
- For a downtrend reversal, the indicator generates a Sell signal when its signal line breaks out of the Upper threshold.
If you're searching for an indicator that accurately pinpoints trend reversals and provides multiple signals without delay, then Zerolag Schaff Trend Cycle is an indispensable tool you shouldn't overlook.
Key Features
- Colorize bars to clearly show uptrend vs downtrend
- Paint plot to clearly show uptrend vs downtrend
- Paint chart background to clearly show uptrend vs downtrend
- Trigger alerts on trend shift
- Print markers on trend shift
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Dedicated NinjaScript Signals
- Signal_Trend: 1 = uptrend, -1 = downtrend
- Signal_State: 1 = high, -1 = low, 0 = middle
- Signal_Trade: 1 = uptrend start, -1 = downtrend start, 0 = no signal
Product Media
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Software Changelog
28 Feb 2024
The indicator was released (built new).
