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.