Indicator Table

What does the Core indicator table show?

The Core table is intended to summarise three different aspects of the chart:

  1. Trend

  2. Price location

  3. Historical extension

It displays the current price together with several configurable moving averages.

The standard configuration includes short-, medium- and longer-term references such as:

The exact moving-average types and lengths can be configured.

Moving-average direction

Each moving-average row indicates whether that average is rising or falling.

A rising moving average suggests that its underlying trend is advancing. A falling moving average indicates deterioration over that particular horizon.

The additional acceleration marker compares the current slope with the average slope of that moving average. This helps distinguish between:

This is descriptive momentum information, not a prediction.

Price versus moving average

The next column shows the percentage distance between the current price and each moving average.

For example:

This provides immediate context about where price is located relative to short-, medium- and long-term trend references.

A positive distance can indicate trend strength, but a large positive distance may also indicate extension. A negative distance can indicate a pullback, deterioration or a broken trend depending on which average is involved and what the other indicators show.

Historical Percent Rank

The Percent Rank column puts the current price-to-moving-average distance into historical context.

It answers:

How large is the current distance compared with the instrument’s own historical observations?

For example:

This is important because a 10% distance from a moving average may be normal for one volatile stock but extreme for another.

The percentile therefore provides instrument-specific context rather than applying one universal extension threshold.

It should not be interpreted as:

Instead, it helps identify whether the current location is ordinary, elevated or historically unusual.

Price-extension boundaries

The chart also displays upper and lower price-extension boundaries around a selected reference moving average.

These are based on:

The purpose is to show whether price is trading within a relatively normal historical range or outside it.

A move beyond the upper boundary may indicate that price is stretched. A move toward the lower boundary may indicate a deeper reset or deterioration. The meaning still depends on trend, volatility, RS and structure.

ATR percentage

The table displays ATR as a percentage of price.

This gives a straightforward measure of the instrument’s typical price movement relative to its current price and makes different stocks more comparable.

It is separate from the more detailed Volatility Regime indicator, which adds historical percentile, direction and acceleration.

Relative Strength status

The table also summarises:

This provides a quick leadership check without requiring the user to inspect the full RS panel first.

High-volume days

Relative-volume events are identified by comparing current volume with a recent reference level.

The table counts high-volume up days and high-volume down days over the selected lookback.

This helps answer:

Has unusually strong participation recently occurred more often on advancing or declining days?

It is supporting evidence rather than a standalone accumulation or distribution model.

Recent highs

The table shows how many bars have passed since the latest high over the selected lookback period, normally three months.

The indicator can also identify three-month, six-month, 52-week and all-time highs.

A recent high can support trend strength, but it does not automatically mean the stock is at an attractive entry location.

Risk-reference zone

The Core chart includes a configurable visual zone below the current price, commonly set between approximately 5% and 10%.

This does not calculate a recommended stop loss. It is a visual planning aid that helps the trader assess whether a plausible invalidation level and position risk could fit within a chosen range.

How are the table components interpreted together?

The values are not treated as a mechanical score where more green cells automatically mean “buy.”

For example:

Constructive alignment

This may justify closer attention, subject to price structure and a clear invalidation level.

Healthy but extended

The stock may be healthy, but the entry quality may be poor. The appropriate framework conclusion may therefore be Wait, not Engage.

Trend deterioration

This is materially different from a normal pullback and may support an Avoid or Reduce classification.

This distinction is central to TradeSentinel:

Trend quality and trade eligibility are related, but they are not the same thing.

Published with Nuclino