Zeiierman

Trend & Contrarian (Expo)

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.

  • 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!


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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

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
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Comments

He makes the best indicators!!! This one is a home run!
+6 Reply
Nice concept well done
+4 Reply
I like the green zone. It's kind of two aces preflop.
+2 Reply
Can I have a try on this? Millions of thanks!
+2 Reply
This script is great!! I have enabled strong trend and early signals to make sure that I catch the next trend move. :)
+1 Reply
This is such a smooth trend trading script, thanks a lot buddy creating this.
+1 Reply
Well designed! I have been using this script for a few days to spot potential trends and so far achieved great results.

Very helpful with the added alerts as well. Highly recommended.
Reply
Looks Good, Request you please give me access.
Reply
Please grant me access..
Reply
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