PROTECTED SOURCE SCRIPT
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.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.