Use Case
For trend-following traders who want to filter out chop-driven false signals, it quickly tells you whether to act when you can't tell if the market is trending or ranging.
The Trend Quality indicator uses Kaufman's Efficiency Ratio (ER) to tell whether the market is in a real trend or just chopping back and forth, so you can skip the false signals.
ER divides net price movement by total volatility, giving a number from 0.0 to 1.0. A reading near 1.0 means price is moving efficiently in one direction (a strong trend); near 0.0 means price is just churning in place, mostly noise. The indicator plots this value as a colored histogram in its own sub-window, so a quick glance tells you whether it's worth acting.
What it shows you
- Whether the market is trending or ranging, separated by color
- How clean the trend is, taller bars mean a stronger move
- Three states: gray for chop, blue for trend, gold for strong trend
How to use it
- Wait for blue or gold before taking a trend-following entry, stay out during gray
- Trend and strong-trend thresholds are adjustable to fit your strategy
- The sub-window has 0.3 and 0.6 reference lines to help you read the state
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Platform
MT5
Last Update
Jul 2026
Features
- Quantifies trend quality with Kaufman's Efficiency Ratio, 0.0-1.0 shows strength at a glance
- Three-color histogram separates ranging, trending, and strong-trend states
- Adjustable trend and strong-trend thresholds filter false signals in choppy markets
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