A Multi-Filter Trend Score Indicator with Risk and Reward Levels

Summary

Smart Trend Score is described as a MetaTrader 5 indicator that combines weighted moving averages, trend direction, market structure, ADX, ATR, and price action into a score. After a candle closes, it displays a buy, sell, or no-signal status, a confidence score, and calculated entry, stop-loss, and take-profit levels. The user can set a minimum score threshold; signals below it are suppressed. Take profit is based on a configurable risk-to-reward ratio, and alerts can be delivered by popup, push notification, or email.

The document explains the indicator’s intended logic and adjustable display and risk settings, but provides no formula for its scoring, backtest, or evidence that the confidence score predicts profitable trades. The indicator is described as analytical assistance that does not place or manage orders. Its signals and levels therefore require independent evaluation within a broader trading plan.

Key ideas

• The indicator combines trend, structure, strength, volatility, and price action filters into a score.
• Signals appear after candle close and can be suppressed below a user-selected score threshold.
• Stop loss and entry are displayed, while take profit is derived from a chosen risk-to-reward ratio.
• The document gives no scoring formula or empirical performance evidence.
• The tool displays analysis but does not execute or manage trades.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.