PROTECTED SOURCE SCRIPT
LORD_SETUP
Lord Setup: Trendline Breakouts + RSI Confirmation + ZLEMA Filter
The Lord Setup is a custom trend-following indicator designed to detect swing-based trendlines, breakout points, and momentum confirmation using RSI and a Zero Lag EMA (ZLEMA) filter. It combines three powerful tools into one cohesive system:
🔹 Dynamic Trendlines: Identifies pivot highs/lows and constructs dynamic trendlines using a selectable slope model (ATR, Standard Deviation, or Linear Regression).
🔹 Breakout Detection: Monitors price action for breakout conditions above/below trendlines, confirmed by RSI direction (RSI > 50 for bullish, < 50 for bearish).
🔹 ZLEMA Trend Filter: A Zero Lag Exponential Moving Average is used to highlight trend strength and filter signals based on recent directional bias.
📈 How to Use:
Watch for "B" signals: These indicate trendline breakouts with RSI confirmation.
Use ZLEMA coloring to assess momentum shifts: green for bullish, red for bearish.
Tune detection sensitivity using the length, slope multiplier, and RSI timeframe inputs.
🧠 The indicator works best on 5m–1h timeframes for active trading, but adapts well across timeframes.
🔄 Inspired by multiple open-source concepts, this script includes original logic for breakout detection and dynamic trendline projection.
🙏 Credits to PineCoders and the open-source community for foundational techniques.
The Lord Setup is a custom trend-following indicator designed to detect swing-based trendlines, breakout points, and momentum confirmation using RSI and a Zero Lag EMA (ZLEMA) filter. It combines three powerful tools into one cohesive system:
🔹 Dynamic Trendlines: Identifies pivot highs/lows and constructs dynamic trendlines using a selectable slope model (ATR, Standard Deviation, or Linear Regression).
🔹 Breakout Detection: Monitors price action for breakout conditions above/below trendlines, confirmed by RSI direction (RSI > 50 for bullish, < 50 for bearish).
🔹 ZLEMA Trend Filter: A Zero Lag Exponential Moving Average is used to highlight trend strength and filter signals based on recent directional bias.
📈 How to Use:
Watch for "B" signals: These indicate trendline breakouts with RSI confirmation.
Use ZLEMA coloring to assess momentum shifts: green for bullish, red for bearish.
Tune detection sensitivity using the length, slope multiplier, and RSI timeframe inputs.
🧠 The indicator works best on 5m–1h timeframes for active trading, but adapts well across timeframes.
🔄 Inspired by multiple open-source concepts, this script includes original logic for breakout detection and dynamic trendline projection.
🙏 Credits to PineCoders and the open-source community for foundational techniques.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.