Applicable instruments: All Applicable timeframes: All
Measures trend quality using Kaufman's Efficiency Ratio (ER), distinguishing trending markets from noise/choppy conditions. ER ranges from 0.0 to 1.0 - values near 1.0 indicate efficient directional movement (strong trend), values near 0.0 indicate random noise. Three-color histogram (gray/blue/gold) intuitively differentiates choppy, trending, and strong trend states. Filters false signals in ranging markets.
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