OPEN-SOURCE SCRIPT
Weather Score 420 — 6 Families × 6 Variants (v6)
Weather Score 420 — 6 Families × 6 Variants (v6)
What it is
A multi-factor “market weather” meter built from six very important signal families. Each family uses 6 parameter variants, is normalized, and scaled to 0–70. Summed together you get a composite 0 → 420 readiness score with GO / NO-GO alerts, a badge, painted bars, and a mini table with notes.
Families (each scaled 0–70):
Trend (EMAs): Price vs fast/slow EMAs, stacking (fast>slow), and short/long slopes.
RSI: 6 lengths normalized around the 40–60 balance zone.
MACD (hist z-score): 6 classic sets; histogram standardized by its own stdev.
ADX strength: Wilder ADX across 6 lengths, favoring the 15–35 “power zone.”
ATR %: Current ATR vs its own min/max range (expansion vs contraction).
BB Width: Volatility via Bollinger Band width percentile.
Scoring
Each family builds 6 sub-scores (0–10 each) → scaled to 0–70.
Composite = sum of enabled families → 0–420 max.
Signals & visuals
GO ✅ when composite ≥ your threshold (default 80% of max).
NO-GO 🛑 when composite ≤ your threshold (default 20%).
Optional painted bars (soft lime/red).
Badge shows per-family scores + total; Mini Table adds color heat and short notes.
How to use
Add WS420, keep defaults for a few sessions to learn its rhythm.
Treat GO as “conditions favorable,” not an auto-entry—confirm with your own setup (structure, S/R, pullbacks).
Works on any symbol/timeframe (no volume dependency).
Tuning tips
Raise GO (e.g., 0.85–0.90) for stricter, higher-quality conditions; lower to ~0.70 for more frequency.
Trend-following? Watch Trend + ADX + MACD. Regime changes? Track ATR% + BB Width expansions.
RSI near 40/60 helps read mean-reversion vs momentum.
Why it’s robust
Multiple variants per family reduce single-setting bias.
Manual MACD + Wilder ADX; careful normalization for Pine v6 stability.
Works across crypto, FX, indices, equities—intraday to higher TF.
Notes
Needs some history to warm up the longest windows (≈ 300–500 bars recommended).
Educational tool only — not financial advice.
What it is
A multi-factor “market weather” meter built from six very important signal families. Each family uses 6 parameter variants, is normalized, and scaled to 0–70. Summed together you get a composite 0 → 420 readiness score with GO / NO-GO alerts, a badge, painted bars, and a mini table with notes.
Families (each scaled 0–70):
Trend (EMAs): Price vs fast/slow EMAs, stacking (fast>slow), and short/long slopes.
RSI: 6 lengths normalized around the 40–60 balance zone.
MACD (hist z-score): 6 classic sets; histogram standardized by its own stdev.
ADX strength: Wilder ADX across 6 lengths, favoring the 15–35 “power zone.”
ATR %: Current ATR vs its own min/max range (expansion vs contraction).
BB Width: Volatility via Bollinger Band width percentile.
Scoring
Each family builds 6 sub-scores (0–10 each) → scaled to 0–70.
Composite = sum of enabled families → 0–420 max.
Signals & visuals
GO ✅ when composite ≥ your threshold (default 80% of max).
NO-GO 🛑 when composite ≤ your threshold (default 20%).
Optional painted bars (soft lime/red).
Badge shows per-family scores + total; Mini Table adds color heat and short notes.
How to use
Add WS420, keep defaults for a few sessions to learn its rhythm.
Treat GO as “conditions favorable,” not an auto-entry—confirm with your own setup (structure, S/R, pullbacks).
Works on any symbol/timeframe (no volume dependency).
Tuning tips
Raise GO (e.g., 0.85–0.90) for stricter, higher-quality conditions; lower to ~0.70 for more frequency.
Trend-following? Watch Trend + ADX + MACD. Regime changes? Track ATR% + BB Width expansions.
RSI near 40/60 helps read mean-reversion vs momentum.
Why it’s robust
Multiple variants per family reduce single-setting bias.
Manual MACD + Wilder ADX; careful normalization for Pine v6 stability.
Works across crypto, FX, indices, equities—intraday to higher TF.
Notes
Needs some history to warm up the longest windows (≈ 300–500 bars recommended).
Educational tool only — not financial advice.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.