PROTECTED SOURCE SCRIPT
Zero-Lag Trend Channel + Alert System

Zero-Lag Trend Channel + Alert System
CATEGORY:
Technical Analysis / Trend Detection / Alert System
SHORT DESCRIPTION (for the listing):
Advanced zero-lag trend detection with automated TP/SL levels and multi-channel alert system for precise entry signals.
═══════════════════════════════════════════════════════════════════════════════
FULL DESCRIPTION (for publication):
═══════════════════════════════════════════════════════════════════════════════
OVERVIEW
The Zero-Lag Trend Channel + Alert System is a sophisticated technical indicator designed for traders seeking precise entry signals with automated risk management. This indicator combines a zero-lag trend detection engine with dynamic support/resistance levels to identify optimal entry and exit opportunities.
KEY FEATURES
✓ Zero-Lag Trend Engine
- Uses EMA-based bands with adaptive standard deviation
- Detects trend changes with minimal latency
- Responsive to market momentum without lag artifacts
✓ Automated Signal Detection
- LONG signals: when price breaks above the upper band and closes above the basis EMA
- SHORT signals: when price breaks below the lower band and closes below the basis EMA
- Clean entry points with visual confirmation
✓ Visual Risk Management
- Automatic Take Profit (TP) level calculation
- Automatic Stop Loss (SL) level calculation
- Color-coded boxes (Green for TP, Red for SL)
- Real-time position tracking with labeled levels
✓ Multi-Channel Alert System
- Alert on LONG entry signals
- Alert on SHORT entry signals
- Alert when Take Profit is reached
- Alert when Stop Loss is hit
- Configurable alert notifications for all signals
✓ Real-Time Information Panel
- Current position status (LONG/SHORT/WAIT)
- Active trend direction (UP/DOWN/NEUTRAL)
- Top-right corner display for quick reference
✓ Professional Chart Visualization
- Dynamic bar coloring based on trend direction
- Upper and lower Bollinger-style bands
- Trend channel fill area (bullish/bearish)
- Basis EMA for reference
HOW TO USE
1. PARAMETER CONFIGURATION
- Reaktions-Speed (Default: 14): Adjust sensitivity of trend detection
- Kanal-Breite (Default: 2.0): Control the width of the trend channel
- Take Profit % (Default: 2.0): Set your desired profit target
- Stop Loss % (Default: 1.0): Set your maximum risk per trade
2. ALERT CONFIGURATION
- Enable/disable alerts for LONG entries, SHORT entries, TP hits, and SL hits
- Use webhook notifications for automated trading bot integration
3. SIGNAL INTERPRETATION
- Green "BUY" label below the bar = LONG signal generated
- Red "SELL" label above the bar = SHORT signal generated
- Green box reaching TP level = Target reached
- Red box reaching SL level = Risk managed
BEST PRACTICES
• Timeframes: Optimized for 1H, 4H, and Daily charts (adjustable for other timeframes)
• Tradable Assets: Works effectively on crypto pairs, forex, and stocks
• Market Conditions: Best performance in trending markets
• Risk Management: Always follow the TP/SL levels provided by the indicator
• Webhooks: Integrate with trading bots (Bitget, Binance Futures, etc.) via alerts
PARAMETERS EXPLAINED
Reaktions-Speed (Trend Sensitivity)
- Lower values = more responsive, more signals
- Higher values = fewer, higher quality signals
- Default of 14 provides balanced signal generation
Kanal-Breite (Band Width)
- Wider channels = fewer false signals but slower detection
- Narrower channels = faster detection but more noise
- Multiplier applied to standard deviation calculation
Take Profit % & Stop Loss %
- TP: Percentage gain from entry price
- SL: Percentage loss tolerance from entry price
- Both calculated as percentage points from entry
IMPORTANT DISCLAIMERS
⚠ Past Performance Disclaimer
Past performance is not indicative of future results. All trading involves risk, including the potential loss of principal. The indicator's historical performance does not guarantee future profitability.
⚠ Backtesting vs Live Trading
This indicator has been optimized based on historical data. Live market conditions, slippage, and commissions may affect real trading results differently than backtest results.
⚠ Not Financial Advice
This indicator is a technical analysis tool only and should not be considered financial or investment advice. Conduct your own research and consult with a financial advisor before making trading decisions.
⚠ Risk Management
Always use proper position sizing and risk management. Never risk more than you can afford to lose. The automated TP/SL levels are suggestions only and should be adjusted based on your personal risk tolerance.
⚠ Testing Required
Thoroughly backtest and paper trade this indicator on your preferred assets and timeframes before committing real capital.
═══════════════════════════════════════════════════════════════════════════════
TECHNICAL SPECIFICATIONS
═══════════════════════════════════════════════════════════════════════════════
Indicator Type: Overlay
Base Calculations: EMA, Standard Deviation, Price Action
Colors: Customizable (Green for uptrend/TP, Red for downtrend/SL)
Alert Frequency: Once per bar close
Recommended Timeframes: 1H, 4H, D
Asset Classes: Crypto, Forex, Stocks, Commodities
═══════════════════════════════════════════════════════════════════════════════
For questions, suggestions, or custom modifications, please feel free to reach out.
Happy Trading! 🚀
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.