Stock Scoring System

The EMA Scoring System is designed to help traders quickly assess market trend strength and decide portfolio allocation. It compares price vs. key EMAs (21, 50, 100) and also checks the relative strength between EMAs. Based on these conditions, it assigns a score (-6 to +6) and a corresponding allocation percentage.

+6 Score = 100% allocation (strong bullish trend)

-6 Score = 10% allocation (strong bearish trend)

Scores in between represent intermediate trend strength.

📌 Key Features

✅ Scoring Model: Evaluates price vs. EMA alignment and EMA cross relationships.
✅ Allocation % Display: Converts score into suggested portfolio allocation.
✅ Background Highlighting: Green shades for bullish conditions, red shades for bearish.
✅ Customizable Table Position: Choose between Top Right, Top Center, Bottom Right, or Bottom Center.
✅ Toggleable EMAs: Show/Hide 21 EMA, 50 EMA, and 100 EMA directly from indicator settings.
✅ Simple & Intuitive: One glance at the chart tells you trend strength and suggested allocation.

📈 How It Works

Score Calculation:

Price above an EMA = +1, below = -1

Faster EMA above slower EMA = +1, else -1

Maximum score = +6, minimum = -6

Allocation Mapping:

+6 → 100% allocation

+4 to +5 → 100% allocation

+2 to +3 → 75% allocation

0 to +1 → 50% allocation

-1 to -2 → 30% allocation

-3 to -4 → 20% allocation

-5 to -6 → 10% allocation

Visual Output:

Table shows SCORE + Allocation %

Background color shifts with score (green for bullish, red for bearish)

⚠️ Disclaimer

This indicator is for educational purposes only. It does not constitute financial advice. Always backtest and combine with your own analysis before making trading decisions.