OPEN-SOURCE SCRIPT
Weather Score 555 — 5 Families × 5 Variants (v6)
Weather Score 555 — 5 Families × 5 Variants (v6)
What it is
A lightweight multi-factor “market weather” meter. It evaluates 5 indicator families, each with 5 parameter variants, normalizes them, and aggregates to a composite 0 → 555 readiness score with GO / NO-GO alerts, a draggable badge, painted bars, and a mini table.
Families (each scaled 0–111):
Trend: EMA fast/slow pairs with price-above/below, stacking, and short/long slope bonuses.
RSI: 5 lengths normalized around the 40–60 balance zone.
MACD (histogram z-score): 5 classic parameter sets, standardized by per-set stdev.
ADX strength: Wilder ADX across 5 lengths, favoring the 15–35 “power zone.”
ATR %: Current ATR vs its own range (expansion vs contraction) across 5 len/lookbacks.
Scoring
Each family builds 5 sub-scores (0–10 each) → summed and scaled to 0–111.
Composite = sum of enabled families → 0–555 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) during GO/NO-GO.
Badge shows per-family scores + total; Mini Table gives a color heat view.
How to use
Add WS555 to your chart; keep defaults for a few sessions to learn its rhythm.
Treat GO as “conditions are favorable,” not an auto-entry. Confirm with your own triggers (structure, S/R, pullbacks).
Use on your trading timeframe; higher TFs make the score steadier.
Tuning tips
Raise GO toward 0.90 for fewer, stronger conditions; lower toward 0.70 for more opportunities.
Lower NO-GO if you want faster exits in bad regimes.
Trend-following? Emphasize Trend + ADX + MACD. Mean-reversion? Watch ATR% behavior and RSI balance.
Why it’s robust
Multiple parameter variants per family reduce single-setting bias.
Manual MACD & Wilder ADX avoid common Pine v6 quirks.
No dependency on volume data (works on any symbol/timeframe).
Notes
Needs some history to warm up longer lookbacks (~150–200 bars recommended).
Educational tool only — not financial advice.
What it is
A lightweight multi-factor “market weather” meter. It evaluates 5 indicator families, each with 5 parameter variants, normalizes them, and aggregates to a composite 0 → 555 readiness score with GO / NO-GO alerts, a draggable badge, painted bars, and a mini table.
Families (each scaled 0–111):
Trend: EMA fast/slow pairs with price-above/below, stacking, and short/long slope bonuses.
RSI: 5 lengths normalized around the 40–60 balance zone.
MACD (histogram z-score): 5 classic parameter sets, standardized by per-set stdev.
ADX strength: Wilder ADX across 5 lengths, favoring the 15–35 “power zone.”
ATR %: Current ATR vs its own range (expansion vs contraction) across 5 len/lookbacks.
Scoring
Each family builds 5 sub-scores (0–10 each) → summed and scaled to 0–111.
Composite = sum of enabled families → 0–555 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) during GO/NO-GO.
Badge shows per-family scores + total; Mini Table gives a color heat view.
How to use
Add WS555 to your chart; keep defaults for a few sessions to learn its rhythm.
Treat GO as “conditions are favorable,” not an auto-entry. Confirm with your own triggers (structure, S/R, pullbacks).
Use on your trading timeframe; higher TFs make the score steadier.
Tuning tips
Raise GO toward 0.90 for fewer, stronger conditions; lower toward 0.70 for more opportunities.
Lower NO-GO if you want faster exits in bad regimes.
Trend-following? Emphasize Trend + ADX + MACD. Mean-reversion? Watch ATR% behavior and RSI balance.
Why it’s robust
Multiple parameter variants per family reduce single-setting bias.
Manual MACD & Wilder ADX avoid common Pine v6 quirks.
No dependency on volume data (works on any symbol/timeframe).
Notes
Needs some history to warm up longer lookbacks (~150–200 bars recommended).
Educational tool only — not financial advice.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.