Signal Quality Score is a powerful filter indicator that analyzes real-time market conditions and gives you an instant quality score from 0 to 100. Stop guessing if a setup is good or bad - let the score tell you.
š¹ WORKS ON ANY CHART TYPE
⢠Renko (any brick size: 10, 25, 50, 100, 200, 500, 1000, 2000+)
⢠Candlestick (M1, M5, M15, M30, H1, H4, D1, W1, MN)
⢠Line, Tick, Range, Volume, Point & Figure, Kagi
š¹ HOW THE SCORE IS CALCULATED
The indicator combines five key market factors into a single 0-100 score:
⢠RSI Momentum (overbought/oversold levels)
⢠Volume Anomaly (spike detection)
⢠ATR Volatility (market activity)
⢠Trend Strength (directional movement)
⢠Trend Alignment (price vs EMA)
š¹ INTERPRETING THE SCORE
⢠80-100: EXCELLENT - High confidence setup
⢠65-79: GOOD - Valid setup
⢠50-64: MEDIUM - Wait for confirmation
⢠35-49: POOR - Reduce position size
⢠0-34: AVOID - Stay out
š¹ FULLY CUSTOMIZABLE
⢠Adjust all score thresholds and colors
⢠Customize text labels (EXCELLENT, GOOD, MEDIUM, POOR, AVOID)
⢠Position the text anywhere on the chart
⢠Adjust RSI, Volume MA, and ATR periods
⢠Show/hide the score display
š¹ PERFECT FOR
⢠Renko traders who want to filter false signals
⢠Day traders looking for extra confirmation
⢠Swing traders analyzing market conditions
⢠Any strategy that needs a quality filter
š¹ PRICING & TRIAL
⢠Regular price: $20 USD
⢠7-day fully functional free trial (no features restricted)
⢠One-time payment, lifetime license
ā ļø DISCLAIMER: Trading involves risk of loss. This indicator is a filtering tool, not a trading signal generator. Past performance does not guarantee future results. Always use proper risk management.
Questions or feature requests? Contact me through the cTrader Store.
Happy trading!