PROTECTED SOURCE SCRIPT
Trend Composite (Auto 125d + Daily Overlay)
Arthur Hill’s Trend Composite is a multi-factor trend indicator designed to quantify the overall trend strength of any market. Instead of relying on a single moving average or MACD signal, the Trend Composite combines five proven long-term trend measures into one clear score.
The indicator outputs a value from –5 to +5, where:
+5 → Strong uptrend
0 → Neutral / transition zone
–5 → Strong downtrend
A higher score means more trend components are aligned bullishly. A lower score means multiple trend components are pointing bearish.
The Trend Composite evaluates:
Price vs 100-day SMA
Price vs 200-day SMA
50-day SMA vs 200-day SMA
Slope of the 200-day SMA
MACD line vs Signal line
Each component votes +1 (bullish) or –1 (bearish), and the sum becomes the Trend Composite score.
Why This Indicator Works
Trend signals by themselves can be noisy or lagging. When you combine multiple uncorrelated trend measures, you remove false positives and get a cleaner picture of market direction. The result is a powerful, balanced trend filter that works across stocks, crypto, forex, indices, and commodities.
How Traders Use It
Trend filter for long trades: Only trade long when the score is ≥ +3
Avoid chop: Stay out when the score is between –2 and +2
Short setups: Look for –3 or lower
Watchlist ranking: Sort symbols by composite score to find the strongest trends
Stage analysis: Helps identify clear Stage 2 uptrends and Stage 4 downtrends
This makes it ideal for systematic traders, swing traders, trend followers, and anyone building rule-based strategies.
Notes
This is not a buy/sell signal on its own — it’s a trend framework. Combine it with volume patterns, relative strength, volatility contraction, or your preferred entry setup for best results.
The indicator outputs a value from –5 to +5, where:
+5 → Strong uptrend
0 → Neutral / transition zone
–5 → Strong downtrend
A higher score means more trend components are aligned bullishly. A lower score means multiple trend components are pointing bearish.
The Trend Composite evaluates:
Price vs 100-day SMA
Price vs 200-day SMA
50-day SMA vs 200-day SMA
Slope of the 200-day SMA
MACD line vs Signal line
Each component votes +1 (bullish) or –1 (bearish), and the sum becomes the Trend Composite score.
Why This Indicator Works
Trend signals by themselves can be noisy or lagging. When you combine multiple uncorrelated trend measures, you remove false positives and get a cleaner picture of market direction. The result is a powerful, balanced trend filter that works across stocks, crypto, forex, indices, and commodities.
How Traders Use It
Trend filter for long trades: Only trade long when the score is ≥ +3
Avoid chop: Stay out when the score is between –2 and +2
Short setups: Look for –3 or lower
Watchlist ranking: Sort symbols by composite score to find the strongest trends
Stage analysis: Helps identify clear Stage 2 uptrends and Stage 4 downtrends
This makes it ideal for systematic traders, swing traders, trend followers, and anyone building rule-based strategies.
Notes
This is not a buy/sell signal on its own — it’s a trend framework. Combine it with volume patterns, relative strength, volatility contraction, or your preferred entry setup for best results.
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.