Index_Trend_Monitor is a trend-strength indicator designed for cTrader, targeting active index CFDs such as US100. It integrates exponential moving average (EMA) structure, average true range (ATR) normalization, impulse analysis, and persistence logic to produce a compact, easy-to-read score reflecting market directional pressure. The indicator displays a Trend Score line, Bull and Bear Strength histograms, and a Regime Code output to facilitate quick interpretation of market states.
Key features include support for reference timeframes, a closed-bar-only mode for stable readings, and a clean separate-window layout optimized for fast visual assessment of index market momentum. Rising positive values indicate strengthening bullish pressure, while falling negative values suggest increasing bearish pressure. Flat or weak readings may signal low-conviction market conditions.
Typical use cases involve filtering weak market conditions before trade entries, confirming directional bias on US100 and other index CFDs, adding a trend-strength layer to manual trading workflows, and monitoring momentum expansion or fading. This indicator is suitable for traders seeking a straightforward market-strength tool without cluttering charts, especially those focused on fast-moving index products. It serves as a practical trend filter to support decision-making within a broader trading plan.