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Simple Trend Performance

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🎯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.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.