PROTECTED SOURCE SCRIPT
Candle Strength + Trend Analyzer by The Ultimate Bull Run
Candle Strength + Trend Analyzer:
The Composite Trend Score (-100 to +100)
The trend score aggregates 6 independent data-driven components, each measuring a different aspect of market behavior:
Trend Score = Σ (Component_i × Weight_i)
Score Range Classification
+70 to +100 🚀 EXTREMELY BULLISH
+40 to +70 📈 BULLISH
-40 to +40 ➖ NEUTRAL
-70 to -40 📉 BEARISH
-100 to -70 💥 EXTREMELY BEARISH
The Composite Trend Score (-100 to +100)
The trend score aggregates 6 independent data-driven components, each measuring a different aspect of market behavior:
Trend Score = Σ (Component_i × Weight_i)
Score Range Classification
+70 to +100 🚀 EXTREMELY BULLISH
+40 to +70 📈 BULLISH
-40 to +40 ➖ NEUTRAL
-70 to -40 📉 BEARISH
-100 to -70 💥 EXTREMELY BEARISH
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.
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.