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Simple Trend Performance

🎯Overview
Simple Trend Performance is a comprehensive multi-indicator analysis tool that combines 11 popular technical indicators into a unified trend scoring system. This indicator provides traders with a clear visual representation of market sentiment through an easy-to-read scoring panel and graphical display.
Key Features
📊 Multi-Indicator Analysis
11 Technical Indicators: RSI, SMI, CCI, DMI, CMO, MFI, ROC, MOM, Parabolic SAR, SuperTrend, and Moving Average
Customizable Settings: Adjust lengths, sources, and moving average types for each indicator
Real-time Signals: Each indicator provides clear bullish/bearish signals
🎯 Visual Dashboard
Color-Coded Summary Table: Displays all 11 indicators with their current signals and scores
Trend Strength Visualization: Graphical panel shows indicator status as horizontal lines
Sentiment Scoring: Calculates overall market bias with clear bullish/bearish classification
📈 Market Sentiment Analysis
Weighted Scoring System: Each indicator contributes to the overall trend score
Sentiment Classification: From "STRONG BULLISH" to "STRONG BEARISH" based on consensus
Percentage Analysis: Shows bullish vs bearish indicator ratio
How It Works
Indicator Logic
Each indicator generates its own signal based on customizable parameters
All signals are aggregated into a comprehensive score (-11 to +11)
The overall trend direction is determined by the consensus of indicators
Results are displayed in both tabular and graphical formats
Customization Options
Table Settings: Toggle summary table visibility
Individual Settings: Configure each indicator's parameters independently
Moving Averages: Choose from EMA, SMA, RMA, WMA, VWMA, or HMA for relevant indicators
Usage Recommendations
Trading Applications
Trend Confirmation: Use the overall score to confirm prevailing market trends
Divergence Detection: Watch for discrepancies between indicator signals
Entry/Exit Signals: Consider trades when multiple indicators align
Market Sentiment: Gauge overall market bias at a glance
Best Practices
Timeframe Flexibility: Works on all timeframes from minutes to monthly
Market Conditions: Most effective in trending markets
Combination Strategy: Use alongside price action and support/resistance levels
Customization: Adjust indicator parameters to match your trading style
Technical Details
Platform: TradingView Pine Script v6
Overlay: Non-overlay (separate pane)
Calculations: Real-time on each bar
Alerts: Individual alert conditions for each indicator
Benefits
Consolidated View: Monitor multiple indicators in one place
Time-Saving: No need to switch between different indicator windows
Objective Analysis: Reduces subjective interpretation bias
Customizable: Tailor to your specific trading strategy
Perfect for traders who want a comprehensive yet simplified view of market trends without cluttering their charts with multiple indicators.
Simple Trend Performance is a comprehensive multi-indicator analysis tool that combines 11 popular technical indicators into a unified trend scoring system. This indicator provides traders with a clear visual representation of market sentiment through an easy-to-read scoring panel and graphical display.
Key Features
📊 Multi-Indicator Analysis
11 Technical Indicators: RSI, SMI, CCI, DMI, CMO, MFI, ROC, MOM, Parabolic SAR, SuperTrend, and Moving Average
Customizable Settings: Adjust lengths, sources, and moving average types for each indicator
Real-time Signals: Each indicator provides clear bullish/bearish signals
🎯 Visual Dashboard
Color-Coded Summary Table: Displays all 11 indicators with their current signals and scores
Trend Strength Visualization: Graphical panel shows indicator status as horizontal lines
Sentiment Scoring: Calculates overall market bias with clear bullish/bearish classification
📈 Market Sentiment Analysis
Weighted Scoring System: Each indicator contributes to the overall trend score
Sentiment Classification: From "STRONG BULLISH" to "STRONG BEARISH" based on consensus
Percentage Analysis: Shows bullish vs bearish indicator ratio
How It Works
Indicator Logic
Each indicator generates its own signal based on customizable parameters
All signals are aggregated into a comprehensive score (-11 to +11)
The overall trend direction is determined by the consensus of indicators
Results are displayed in both tabular and graphical formats
Customization Options
Table Settings: Toggle summary table visibility
Individual Settings: Configure each indicator's parameters independently
Moving Averages: Choose from EMA, SMA, RMA, WMA, VWMA, or HMA for relevant indicators
Usage Recommendations
Trading Applications
Trend Confirmation: Use the overall score to confirm prevailing market trends
Divergence Detection: Watch for discrepancies between indicator signals
Entry/Exit Signals: Consider trades when multiple indicators align
Market Sentiment: Gauge overall market bias at a glance
Best Practices
Timeframe Flexibility: Works on all timeframes from minutes to monthly
Market Conditions: Most effective in trending markets
Combination Strategy: Use alongside price action and support/resistance levels
Customization: Adjust indicator parameters to match your trading style
Technical Details
Platform: TradingView Pine Script v6
Overlay: Non-overlay (separate pane)
Calculations: Real-time on each bar
Alerts: Individual alert conditions for each indicator
Benefits
Consolidated View: Monitor multiple indicators in one place
Time-Saving: No need to switch between different indicator windows
Objective Analysis: Reduces subjective interpretation bias
Customizable: Tailor to your specific trading strategy
Perfect for traders who want a comprehensive yet simplified view of market trends without cluttering their charts with multiple indicators.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.