OPEN-SOURCE SCRIPT
Simple Trend Clean
This indicator measures the quality of the current trend, not just its direction. It checks whether price is above or below the EMA and evaluates how strongly each candle closes in the direction of that trend.
A high score means the trend is clean and well-structured. A lower score suggests weak closes, noisy price action, or less reliable trend conditions.
Green = clean bullish trend
Red = clean bearish trend
Gray = neutral or unclear trend
Higher score = cleaner trend
Lower score = weaker or dirtier trend
A high score means the trend is clean and well-structured. A lower score suggests weak closes, noisy price action, or less reliable trend conditions.
Green = clean bullish trend
Red = clean bearish trend
Gray = neutral or unclear trend
Higher score = cleaner trend
Lower score = weaker or dirtier trend
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.