Cosmik Z-TP [ZuperView]

Cosmik Z-TP is a trend-following trading system for TradingView designed to keep things simple while delivering all the core elements for effective trading, including straightforward trend analysis, a dynamic trading zone, clear entry and exit points, and built-in take-profit and stop-loss levels.

It adapts to a wide range of styles – scalping, day trading, or swing trading – and works smoothly across different bar types, making it a practical choice for traders of any experience level.

📌 Key features

🔸 Trend

Cosmik Z-TP highlights market direction and strength through its Trend Vector and Trailing Stop line, providing clear visual cues for quick trend analysis and trend confirmation.

• Uptrend: When price closes above the pink Trailing Stop, the chart background turns green.
  
• Downtrend: When price closes below the blue Trailing Stop, the background turns pink.
  

The shape of the Trend Vector reveals momentum:

• Strong trend: The vector stays flat briefly (fewer than 10 bars) before rising or falling sharply.
  
• Weak trend: The vector remains flat for an extended period (more than 10 bars).
  

These visual cues make it easy to read both the direction and the intensity of the current trend at a glance.

The trading system identifies market trends across both time-based and non-time-based charts with 2 dedicated modes:

• Tick mode: Tailored for non-time-based charts such as Renko or Range. In this setting, the Trend Vector and Trailing Stop react directly to pure price movement, delivering precise trend detection without time constraints.
  
• ninZaATR mode: Designed for time-based charts such as Minute, Second, and Hour, as well as non-time-based charts like Tick and Volume. In this mode, the Trend Vector and Trailing Stop scale with a multiple of ninZaATR, providing a clear read of market volatility within the selected timeframe.
  

Note: ninZaATR is an enhanced version of the Average True Range (ATR) indicator, designed to deliver smoother trend behavior on lower timeframes.

🔸 Zone

The Trading Zone is a dynamic support/resistance zone formed by the space between the Trend Vector and the Trailing Stop. It pinpoints areas where price is likely to retrace before continuing its move.

You can fine-tune how closely the zone follows price: when it tracks price more tightly, it helps capture early pullbacks; when set farther away, it detects deeper, stronger retracements.

🔸 Pullback signal

Pullback signals come from a 3-oscillator blend of MFI, RSI, and Stochastics, all filtered by the principle of following the trend.

This layered design reduces noise and delivers faster, more dependable trade setups, complete with real-time buy or sell alerts to help you stay on top of every valid entry.

Rather than reacting to the usual overbought or oversold thresholds (70/80 or 30/20), Cosmik Z-TP focuses on the oscillators’ natural tendency to move around the 50 line.

This creates a distinctive pullback-signal method:

• Uptrend: When all three oscillators dip below 50, the system flags a potential pullback entry without waiting for an oversold reading.
  
• Downtrend: When all three rise above 50, the system highlights a pullback opportunity without requiring an overbought level.
  

🔸 Stop and Target Levels

Cosmik Z-TP provides 2 primary ways to place stop-loss (SL) levels, both derived from the behavior of the Trailing Stop, which acts as a dynamic support or resistance and a key guide to trend direction.

These levels are designed to support effective trade and risk management:

• Flat Trailing Stop Levels
  When the Trailing Stop remains flat, it signals potential market weakness and forms a strong support or resistance level. The system automatically extends these flat levels across the chart, creating natural areas for stop-loss placement that help limit risk as momentum fades.
  
• Trailing Stop Plot
  Stops can also be placed directly on the active Trailing Stop line. This approach allows trades to follow the trend until it concludes, reducing premature exits while maximizing profit potential.
  

For take-profit levels, the same flat Trailing Stop levels already plotted on the chart serve as natural profit objectives, marking key support or resistance levels where price often pauses or reverses.

📌 Customization

The system is built for easy adjustments, allowing each part to align with your unique approach and the market’s pace.

🔸 Trend

• Adjust the Trailing Stop plot to focus on short-term or long-term trends.
  
• Use Tick mode for Range and Renko charts.
  
• Apply ninZaATR mode for all other chart types (Minute, Range, Second, Volume, Heiken Ashi, etc.).
  

🔸 Zone

• Control the distance between the Trailing Stop and Trend Vector relative to price to capture either early pullbacks or stronger retracements.
  

🔸 Signal

• Set the signal frequency by adjusting the periods of the MFI, RSI, and Stochastic oscillators.
  
• Define the maximum number of trading signals within a trend phase.
  
• Specify the maximum number of signals allowed during a flat phase of the Trend Vector.