Weekly Trend Eligibility Panel

Weekly Trend Eligibility Panel

Weekly Trend Eligibility Panel is a read-only, context-first indicator designed to answer a simple but critical question:

“Is this stock structurally ready right now — or is the timing wrong?”

Many traders focus on what stock to watch. This tool focuses on when conditions are aligned.

What this indicator does

Evaluates a weekly-first set of trend and quality conditions

Summarizes results in a single, easy-to-read panel

Helps distinguish between:

Strong stocks at the wrong time, and

Stocks where multiple structural conditions are aligned

The panel reports:

Eligibility status (Eligible / Not Eligible)

How many conditions passed (all are required for eligibility)

A brief failure summary when conditions are not met

Optional tags showing which criteria are in effect

What makes it unique

Unlike traditional indicators that plot signals or overlays on price, this script acts as an eligibility checkpoint:

No entries, exits, or buy/sell signals

No performance claims or predictions

No need to interpret multiple lines or oscillators

Instead, it consolidates several weekly-based structural checks into a single decision-support panel, making it easier to avoid forcing trades when conditions are incomplete.

This is especially useful when a stock looks “right” fundamentally or technically, but broader trend, structure, or participation conditions are not yet aligned.

Important notes

Indicator only — no trade execution

Educational and informational use only

All calculations use confirmed bar data

Weekly data is requested with lookahead disabled

Results vary by symbol, timeframe, and settings

Intended use

Use this tool as a watchlist filter or timing aid, alongside your own analysis and risk management process — not as a standalone decision system.