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EZT Trend

4

The EZT Trend indicator will show you the trend, the pullback and the entry opportunities. Optional filtering and all type of alerts are available. E-mail and push notification alerts are added. We are also developing an EA based on this indicator, which will be available soon.

It is a multi-functional indicator consisting of two color histograms and a line. It is a visual representation of a trend direction and strength, also you will find divergence many times, either on the line or on the histogram.

The indicator works well with the auto parameter settings. Those are pre-determined for the given timeframe, and we recommend using the indicator with that settings. In manual mode, you can set your own parameters. This is a multi-timeframe (mtf) indicator.

The indicator works well with a combination of our other indicators, like the MTF rsi or the MTF cci, or the MACD pro.

The more volatile the traded instrument, the smaller timeframe you should use to find the best entries. Always consider higher timeframe direction!

In order to do that, you should use more instances of the indicator.


Inputs

  • Parameter mode: Choose from “Manual Parameters” or the pre-set “Auto Parameters”. The auto parameters are in multi-timeframe mode. Example: when you set the auto H1 parameter: you can see the same display from the H1 timeframe down to 1 minute. In this settings, the indicator will not show on higher timeframe, like H4 or larger.
  • Manual TimeFrame: When manual parameter was chosen in the first menu, here you can set the current or multi-timeframe. There are three different settings you can apply when you choose to use the indicator manually. We name them Entry, Pullback and Trend. All three have a smoothing period.
  • Trend Period: This one is the slowest and looks like a histogram. Uptrend is above 0 line and downtrend is below it.
  • Pullback Period: This one is faster than a Trend and slower than the Entry, displayed like a thin line. Also when it goes against the Trend significantly, paint the Main Trend histogram to another color (default - Blue). When start returning to the trend direction, it again changes color (default – yellow), so you know the trend is resuming.
  • Entry Period: This is the fastest settings. Showing like a histogram with thin lines, when opposite from the Trend histogram, this can show you the entry opportunities. Arrow alert: When there is a sign for the traded instrument to resume the direction to the main trend, the indicator paint an arrow on the histogram. You can set your own colors and line thickness for every different histogram, line or arrow.
  • Auto Filters: True or false. With the auto parameter settings only, there is an option to use filters to get the best trades. The filters are displayed at the right side of the sub-window. There are three steps for the filters.
    • Pullback: The traded instrument doing a larger pullback, trade with caution! When this filter gives you a notice, you still can trade, but use a larger stop loss.
    • Range: The traded instrument enters a range territory, potential trend change is possible. Higher risk trade! The direction can change at any moment.
    • Turn: Most likely the trend will change. Do not open trades! When this filter gives you a notice, we do not recommend entering the trade.
  • Draw note: True or false. When true, you will see a side note: Uptrend or Downtrend.

Alerts:

  • Trend entry alert: Gives you an alert when arrow appears on the histogram.
  • Pre Alert: Gives you an alert when the entry histogram goes against the trend.
  • Filter alert mode: When the previous is true, here you can choose which alert you want to get.
    • Safe trades only” gives you alerts only when every filter goes with the main trend, this is where the trend is strong.
    • High risk trades allowed”. With this option, when the first two filters (named them "Pullback" and "Range") show a warning signal, you still get alerts.
    • When the Turn filter (the third from the right side of the sub window) shows a warning signal, you will not get any alerts.

Also, you can choose to get the alerts by e-mail or push notifications.

If you like my work, please support me by leaving a comment or rating my product.

Reviews 2
raiinzen
727
raiinzen 2019.03.31 23:33 
 

Okay, so this was definitely on the pricey side, but I wanted to quickly be able to see trends across different time frames AS WELL AS areas of indecision. This indicator helps me to make smarter moves based upon price action and another indicator that I like. It helps me to decide when a larger time frame trend may be reversing which means it's a great time to get in, (areas of blue indecision) while catching the trend on the smaller time frames. It's very visual, so if you're a visual trader and want confirmations, this is worth it, IMHO.

Note: the only thing I don't love (which is my complaint with 95% of the indicators on this site) is that you are only given 10 activations, and you can't reset the activations, so make SURE you have a VPS picked out and don't go switching VPSs often, or you'll run out of your 10 pretty quickly. I'm going to get 2 new computers soon, so if I'm not careful, I could run out of those 10 activations pretty quickly. I wish it was more like 20, taking in account that VPSs suck and need to be changed frequently.

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The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca
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EZT Bollinger Trendline Indicator based on multiple settings of Bollinger Band. In the menu you can choose the similar settings than bollinger band indicator. Trend period and trend deviations. Also paint and arrow on chart when direction change. Three different kind of alert , such as pop up, e-mail and push notification. Try different settings on different timeframes. Please help my work and rate and comment my products!
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This indicator can display 1-3 CCI indicator on different time frames and settings. The active indicators can give visual and sound alert on oversold/overbought level if the user choose that option. Alert can be set on one or all active indicator, even if the time frame, the period and the oversold/overbought level different on each. There is a display panel with buttons on the main chart, what is show the active indicators and their settings. There is an option to hide this panel. With the butt
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This is a free version of our Great tool with limited functions. The ChartChanger is a great utility tool to reduce the number of open charts on your terminal. There is three section to it: Symbols, Time frames and Templates. You need only one chart to be open and still you can scroll up to multiple ones. Symbols: With the push of a button you can change from one symbol to another, and your applied indicators will stay on the next chart. For the symbols there is an auto detection mode, or you ca
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This is a Multi Time frame Pin bar alert indicator. You can use on the current time frame only or all of the time frames from the 1 minute to the monthly. When you choose all the time frames, you get alert on the current time frame your chart is open and the time frames above. There is a Pop up, email, and push notification alerts for each chosen time frame separately. The indicator place an arrow on the price chart. For bullish/Long Pin bar it is below the price line, for bearish/Short Pin bar
This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle
This is a great utility tool to see valuable information on your chart. The panel is free-floating, grab with your mouse and move around on the chart with ease. Also the panel is collapsible so you can save space, and you can see only the information you wish. There is three section to the panel, when is closed you can see the top section only. Here the list of information you can see on the panel, from the top to bottom: The first part of the panel: Price : The color is changing according to
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EZT_Stochastic   This is a Multi Timeframe stochastic indicator, with colored background. The colored background can be set to different colors based on the K and D line, (moving up, or down), and also about the position of the lines. In the oversold or overbought zones you can choose different colors.   Settings: You can choose the time-frame you want to see the stochastic. Set the regular parameters in a same way like in the original stochastic. Histogram style: The style. Histogram width: The
EZT_Ichimoku_MTF Multitimeframe Ichimoku indicator. Display up to 4 different Ichimoku on the chart. Every line of every ichimoku is customizable, you can turn off/on or choose different thickness or color. You can choose to see only the cloud in multiple ichimokus. Optional info panel to identify the different Ichimokus. Works the same way like the original Ichimoku indicator.
EZT Trade History This is a great tool to analyze past trades or follow current ongoing trades, especially when you using an EA to manage your transactions. You will see the exact candle where the trade was opened and closed. Collapsible floating panel on the chart, free to move anywhere with your mouse. When you using multiple EA’s with different magic numbers, you have 5 options to separate those trades, so you will know which EA opened specific transactions. You can set the day limits how fa
The indicator predict the future candles direction, by scanning past candle movement. Based on the principal: “ The history repeat itself”. Programmed according to Kendall Correlation. In the settings menu, different scanning options are available. When the indicator find a match, start painting future candles from the current candle to the right, also from the current candle to the left as well, showing you the candle pattern what the actual signal is based on. The left side candle are option
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adonis4ex
6278
adonis4ex 2021.07.14 22:52 
 

User didn't leave any comment to the rating

raiinzen
727
raiinzen 2019.03.31 23:33 
 

Okay, so this was definitely on the pricey side, but I wanted to quickly be able to see trends across different time frames AS WELL AS areas of indecision. This indicator helps me to make smarter moves based upon price action and another indicator that I like. It helps me to decide when a larger time frame trend may be reversing which means it's a great time to get in, (areas of blue indecision) while catching the trend on the smaller time frames. It's very visual, so if you're a visual trader and want confirmations, this is worth it, IMHO.

Note: the only thing I don't love (which is my complaint with 95% of the indicators on this site) is that you are only given 10 activations, and you can't reset the activations, so make SURE you have a VPS picked out and don't go switching VPSs often, or you'll run out of your 10 pretty quickly. I'm going to get 2 new computers soon, so if I'm not careful, I could run out of those 10 activations pretty quickly. I wish it was more like 20, taking in account that VPSs suck and need to be changed frequently.

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Version 1.21 2024.01.04
bugs fixed
Version 1.2 2021.11.24
Compatibility update