Trend Strength Meter Core

The Trend Strength Meter Core is a powerful on-chart dashboard designed to give you an instant, clear reading of the current market momentum . By combining the data from Moving Averages, RSI, and MACD, it calculates a highly accurate Trend Score (0 to 100), ensuring you always trade on the right side of the market .

Key Features

  • Advanced Confluence Algorithm: Calculates a dynamic score by analyzing price position relative to MA, RSI overbought/oversold zones, and MACD signal crossovers .

  • Enhanced Dashboard: Features a sleek, customizable on-chart panel displaying the current trend status (from "🔥 VERY STRONG UP" to "🔥 VERY STRONG DOWN") along with a visual progress bar .

  • Detailed Metrics: Instantly read exact RSI values, momentum states, and MACD Bullish/Bearish status directly from the main panel .

  • Subwindow Plot: Includes an option to plot the historical Trend Score as a continuous line graph in the indicator subwindow for backtesting and historical analysis .

Main Input Parameters

  • Indicator Core: Fully customize MA (Period, Method), RSI (Period, Overbought/Oversold levels), and MACD parameters (Fast, Slow, Signal) .

  • Display Settings: Toggle the subwindow plot and detailed metrics on or off .

  • Panel Customization: Adjust the dashboard's width, height, X/Y positioning, font size, and font type to perfectly fit your trading setup


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