> For the complete documentation index, see [llms.txt](https://docs.candelacharts.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.candelacharts.com/oscillators/momentum-concepts/confidence-meter.md).

# Confidence Meter

The **Confidence Meter** is the brain of Momentum Concepts. It aggregates all data into a single readability gauge that scores the current market's conviction.

<figure><img src="/files/nCJjabm5Bl1CuIaHOZdp" alt=""><figcaption></figcaption></figure>

### Score Calculation

The meter scores from **-100% (Maximum Bearish)** to **+100% (Maximum Bullish)**.

1. **MW Trend Weight**: How well is the Momentum Wave trending?
2. **MFI Flow Weight**: Is volume supporting the current move?
3. **Stretch Penalties**: If the momentum is too overextended, the confidence meter applies a "Penalty" to account for potential exhaustion.

### Visual Categories

* **Weak (< 25%)**: Momentum is present but lacks conviction. High chance of chop.
* **Moderate (25% - 50%)**: A developing trend is forming.
* **Strong (> 50%)**: A high-conviction trend is in play. The further the meter stretches toward 100%, the more "Intense" the conviction.

### Meter Display

Found at the far right of the indicator pane, the vertical bar provides an instant summary:

* **Rising Blue Bar**: Confident Bullish participation.
* **Falling Orange Bar**: Confident Bearish participation.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://docs.candelacharts.com/oscillators/momentum-concepts/confidence-meter.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.