PROTECTED SOURCE SCRIPT
Mato Trading Final Trend Score & Alignment (10-Criteria, 0–100)
My trend definition is a systematic approach to identify market trends using 10 equally weighted criteria per timeframe, derived from historical prices, historical volatilities and a time projection factor.
The scoring system ranges from 0 (strong short signal) to 100 (strong long signal).
A trigger for a trend signal is generated when all specified timeframes—1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 2-hour, 4-hour, daily, weekly, monthly, and 3-month—align to produce the same directional signal (long or short).
The scoring system ranges from 0 (strong short signal) to 100 (strong long signal).
A trigger for a trend signal is generated when all specified timeframes—1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 2-hour, 4-hour, daily, weekly, monthly, and 3-month—align to produce the same directional signal (long or short).
Protected script
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.