# Signal Quality Score

**★★★★★ 5.0 out of 5 (3 reviews)**

> *"Lightweight, clean, and surprisingly useful for discretionary trading workflows."* – **algo.expert** ★★★★★

> *"Practical market-condition filter that combines momentum, volatility, volume, and trend analysis into a simple 0-100 scoring system."* – **algo.expert** ★★★★★

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.

## 🔹 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

## 🔹 HOW THE SCORE IS CALCULATED

The indicator combines five key market factors into a single 0-100 score:

| Factor | Description |

|--------|-------------|

| **RSI Momentum** | Overbought/oversold levels |

| **Volume Anomaly** | Spike detection |

| **ATR Volatility** | Market activity |

| **Trend Strength** | Directional movement |

| **Trend Alignment** | Price vs EMA |

## 🔹 INTERPRETING THE SCORE

| Score | Quality | Action |

|-------|---------|--------|

| 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 |

## 🔹 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

## 🔹 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

## 🔹 WHAT TRADERS ARE SAYING

> *"Lightweight, clean, and surprisingly useful for discretionary trading workflows."* – **algo.expert** ★★★★★

> *"Works well as a contextual confirmation tool across Forex, Gold, and indices, especially for filtering weak or noisy setups."* – **algo.expert** ★★★★★

> *"It gives the trade idea another check."* – **ForexAlgoMaster5** ★★★★★

## 🔹 PRICING & TRIAL

• **Regular price: $20 USD**

• **7-day fully functional free trial** (no features restricted)

• One-time payment, lifetime license

⚠️ **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! – CapitalMente**