New Software Under Development
What you are looking at is a whole new divergence script for ZoneTraderPro. For the last 2 months my programmer has been developing the software to address 2 issues that I wanted to see refined in ZoneTraderPro. The first and hardest issue is getting BloodHound to work with the divergence indicator and the KP2 ratio indicator.
ZoneTraderPro now works with with BloodHound over the complete life cycle of the trade. What that means is that when divergence is first detected, you see it on the charts. The signal ends when there is non-divergence or we have a new zigzag created. This is a huge development and it took 2 full months to create. As you can see the new indicator retains the full volume analysis numbers, the KP2, KP3, and the KP2 Ratio.
In this version, you now have the option to remove a divergence pattern type if you don’t want it on the chart. Personally, I don’t use regular divergence, so now I have the option to remove it from my charts.
But It Gets Better
As you know if you are a ZoneTraderPro customer, I offer personal training with the software. I do this because each piece of the software is a distinctly different tool. The hardest part of the training is that I think its very important to memorize the patterns. This is because there are 4 situations where higher risk is present. You may want to disregard the higher risk and still take the trade, but just adjust the amount of leverage.
This new software solves that problem. It is automatically taking the 4 higher risk problems off of the chart, so that your decision is easier.
In February I did 2 videos that illustrated the concept of trading the trades that presented only regular risk trades. Check them out, or just fast forward to the end where the summary of the trades were made. But they illustrate an important point you should be aware of.
You should be aware of higher risk trading patterns. Not every retracement is the same. The chart from this morning (5/29/26) has 6 consecutive winners with this concept. This script is not polished yet, as it’s actually 2 scripts that need to be combined. The life cycle of the trade is not complete for all patterns.
It also identifies Tick Divergence, which was identified in the previous software. In the previous version however, Tick Divergence was not available to BloodHound. It is now.
Can It Get Any Better? YES IT CAN
At first, this chart may look a little noisy. It is. This is my testing chart and the indicators are giving me data. But it does give you clear entries on all 3 trades. Where you see white, that is usually a transition.
To me trades that don’t work are the most interesting to learn from. Notice in the broken reversal, the CVD was just going lower into that trade. Once you are in it, and price trades to resistance, a red candle comes in and $TICK and CVD confirms the exit.
It’s not meant to be a scalping template, but an entry and exit template. This chart template is a combination of my Tick Confirm template and the Cumulative Volume Delta indicator. That’s the good news.
It’s meant to be used with ZTP patterns and ZTP divergences, not to try and take every zigzag in the chart.
Now the bad news. 😳 I found a bug and no one believed me for 2 weeks. New software had to be developed to read the data. This is currently the last big programming challenge. It may require me to add the indicator in panel 2 in order for the template to work.
You might be asking. Why not use a comparison solver on the OFCD in panel 3. That is where the bug lives.
Here is what the divergence trades I showed looks like with the TickConfirmCVD BloodHound template.
You see transitions in these trades at the entry points, where you are getting the divergence signals at. That is what is cool. In the special divergence trade that fails, there are 4 red bars before it drops below the entry signal.
The way it can work is this. First you have a divergence or pattern (or both) come up. Then the TickConfirmCVD can be added to the template as the trigger into the trade. That combination of signals can be the signal to send to BlackBird to automatically enter the trade.
Just because there is a divergence or a pattern, that is not the entry trigger. TickConfirm or TickConfirmCVD can be that entry trigger.
Release Information
Basically now there is no expected release date. I need to keep testing before I can distribute. Additionally, what is actually more important is the bug was confirmed only yesterday. My preference is to wait for the bug fix. If the bug is fixed, I can just release an updated BloodHound template and distribute within a week. Realistically, I don’t see it fixed for at least 2 months or more.
If the bug is not fixed, it is additional software that makes the CVD work. The script is not out of the debugging phase yet. On a small number of bars, in real time data, the signal is wrong, due to tick replay. Tick replay is necessary for the indicator.
I also want to make the Delta Strength indicator work with BloodHound. Technically it should with little effort, because ZTP can now pickup the data in a way that BH can see.
If you are a ZoneTraderPro customer, there is no charge for the update.
If you are not a ZoneTraderPro customer, you should contact me now, because the discounts I offer are going away and the price will be changing, due to the significant amount of programming that went into this update.
I had been told for almost 7 years, what was done was not possible. Big shout out to MJ, who gave me an idea to get around the original issue.