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Multi-Timeframe SMA Voting for Trend Confirmation

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Summary

TrendLoom is a chart panel that combines simple moving average readings across three timeframes to provide a BUY, SELL, or NEUTRAL signal. The tool offers seven timeframe combinations intended for different trading horizons, from short-term analysis to long-term trend checks. For each timeframe, it compares the last completed candle’s close with a 50-period SMA and assigns a bullish, bearish, or neutral vote. The three votes are added: totals of at least two or at most negative two trigger directional signals, while other combinations return neutral.

The article describes the method and the interface for displaying refreshed results, but gives no performance study or evidence that the signals improve trading outcomes. The approach is a simple trend filter; its readings depend on the SMA period, chosen timeframes, and the threshold for agreeing votes. The described tool is for analysis and confirmation, rather than a tested trade execution strategy.

Key ideas

  • Each timeframe contributes a bullish, bearish, or neutral vote according to the close’s position relative to its SMA.
  • The tool combines three timeframe votes and requires at least two votes to agree before returning a directional signal.
  • Seven timeframe combinations are provided for different trading horizons.
  • The analysis uses the last completed candle to evaluate each timeframe.
  • The article explains the indicator panel but provides no evidence of trading performance.

Tags

Technical indicatorsTrend followingMomentum

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