Trend Conviction¶
Indicators · Proprietary
Single 0–100 score blending several context cues into a trend-quality reading. < 30 = chop, 30–60 = questionable, > 60 = high-conviction trend. Use as a regime filter — only fire trend-following strategies when the score is high.
Trend Conviction boils "is this a real trend, or am I about to get chopped up?" down to a single number from 0 to 100. It blends several context cues into one trend-quality score so you don't have to eyeball three indicators and guess. The reading guide is simple: below 30 is chop (no real trend — don't deploy trend-following logic), 30–60 is questionable (a trend forming or fading — be cautious), and above 60 is a high-conviction trend (the green light for trend strategies).
How it works¶
The block looks at the recent market over the Lookback window (default 20) and combines multiple measures of trend quality into a normalised 0–100 score, plotted as a single line in a sub-pane. The exact composition — which factors, in what proportions, with what thresholds — is part of the platform's calibration and isn't exposed, but the output behaves intuitively: it rises when price is genuinely moving in one direction with real follow-through, and stays low when price is oscillating around a mean. The Sensitivity knob (default 1.0) tunes how readily it awards high scores — higher is more generous, lower is stricter. The defaults are calibrated on H1 forex, so other timeframes or instruments may want a nudge.
When to use it¶
Use Trend Conviction as a regime filter, not an entry signal. Its whole job is to switch your strategies on and off at the right time: gate trend-following systems (breakouts, moving-average crosses, Supertrend) to only fire when the score is high (say > 60), and optionally flip to mean-reversion logic when it's low (< 30). It carries no directional information — it tells you whether the conditions suit a trend trade, not which way to trade. Think of it as a single, opinionated replacement for stacking ADX / DMI, Choppiness, and a structure read.
Example¶
Gate a trend system: wire bars into Trend Conviction and require the score above 60 via a Greater Than, combined with your trend trigger through an And gate into a Buy Signal — so the strategy only fires when the market is genuinely trending. Compare the gated and ungated versions in the Tester to see the chop it filters out.
Tips & gotchas¶
- A filter, not a signal. No directional bias — pair it with something that has one.
- Read the bands: < 30 chop, 30–60 questionable, > 60 trend. Build your rules around those.
- Sensitivity is instrument-specific. Defaults suit H1 forex; tune per market and timeframe.
- One score instead of three indicators — it's meant to replace stacking ADX + Choppiness + structure reads.
Related blocks¶
Inputs¶
| Socket | Type | What to wire in |
|---|---|---|
| Bars | bars |
Price bars |
Outputs¶
| Output | Type | Plots as | Description |
|---|---|---|---|
| Conviction | series |
Line · sub-pane | 0–100 trend conviction score |
Parameters¶
| Parameter | Type | Default | What it does |
|---|---|---|---|
| Lookback | number · 5–200 | 20 |
Window size for the underlying components. |
| Sensitivity | number · 0.5–2.0 | 1.0 |
Higher = more readily produces high scores; lower = stricter. Tune to taste per instrument. |
| Line color | colour | #7e57c2 |
Reference auto-generated from the block catalog · category Indicators.