PROTECTED SOURCE SCRIPT
Updated SGK - Trend Score [Protected]
Stop guessing the strength of the trend. The SGK Trend Score is a proprietary oscillator designed to cut through market noise and tell you exactly who is in control: the Bulls or the Bears.
How It Works: Instead of a simple "Buy" or "Sell" signal, the SGK Trend Score evaluates the quality of the trend. It aggregates data from multiple timeframe analyses and volatility channels to produce a composite score:
Green Zone (> 0): Uptrend. Scores above +50 indicate a high-conviction bullish trend.
Red Zone (< 0): Downtrend. Scores below -50 indicate a high-conviction bearish trend.
Why Use This?
Objective Analysis: Removes emotional bias by converting complex price action into a single value between -100 and +100.
Customizable Sensitivity: You can tweak the weightings of the signal components in the settings menu to adapt the indicator for Scalping (faster reaction) or Swing Trading (smoother signals).
Access: This is a protected, professional-grade indicator. It is currently free to use while I gather community feedback. Please leave your thoughts in the comments below!
Best wishes, sgkalluri
How It Works: Instead of a simple "Buy" or "Sell" signal, the SGK Trend Score evaluates the quality of the trend. It aggregates data from multiple timeframe analyses and volatility channels to produce a composite score:
Green Zone (> 0): Uptrend. Scores above +50 indicate a high-conviction bullish trend.
Red Zone (< 0): Downtrend. Scores below -50 indicate a high-conviction bearish trend.
Why Use This?
Objective Analysis: Removes emotional bias by converting complex price action into a single value between -100 and +100.
Customizable Sensitivity: You can tweak the weightings of the signal components in the settings menu to adapt the indicator for Scalping (faster reaction) or Swing Trading (smoother signals).
Access: This is a protected, professional-grade indicator. It is currently free to use while I gather community feedback. Please leave your thoughts in the comments below!
Best wishes, sgkalluri
Release Notes
Stop guessing the strength of the trend. The SGK Trend Score is a proprietary oscillator designed to cut through market noise and tell you exactly who is in control: the Bulls or the Bears.How It Works: Instead of a simple "Buy" or "Sell" signal, the SGK Trend Score evaluates the quality of the trend. It aggregates data from multiple timeframe analyses and volatility channels to produce a composite score:
Green Zone (> 0): Uptrend. Scores above +50 indicate a high-conviction bullish trend.
Red Zone (< 0): Downtrend. Scores below -50 indicate a high-conviction bearish trend.
Why Use This?
Objective Analysis: Removes emotional bias by converting complex price action into a single value between -100 and +100.
Customizable Sensitivity: You can tweak the weightings of the signal components in the settings menu to adapt the indicator for Scalping (faster reaction) or Swing Trading (smoother signals).
Access: This is a protected, professional-grade indicator. It is currently free to use while I gather community feedback. Please leave your thoughts in the comments below!
Best wishes, sgkalluri
Release Notes
Stop guessing the strength of the trend. The SGK Trend Score is a proprietary oscillator designed to cut through market noise and tell you exactly who is in control: the Bulls or the Bears.How It Works: Instead of a simple "Buy" or "Sell" signal, the SGK Trend Score evaluates the quality of the trend. It aggregates data from multiple timeframe analyses and volatility channels to produce a composite score:
Green Zone (> 0): Uptrend. Scores above +50 indicate a high-conviction bullish trend.
Red Zone (< 0): Downtrend. Scores below -50 indicate a high-conviction bearish trend.
Why Use This?
Objective Analysis: Removes emotional bias by converting complex price action into a single value between -100 and +100.
Customizable Sensitivity: You can tweak the weightings of the signal components in the settings menu to adapt the indicator for Scalping (faster reaction) or Swing Trading (smoother signals).
Access: This is a protected, professional-grade indicator. It is currently free to use while I gather community feedback. Please leave your thoughts in the comments below!
Best wishes, sgkalluri
Release Notes
Enhanced calculations.Release Notes
Added an option to show inflexion points.Release Notes
Enhanced visualization.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.