OPEN-SOURCE SCRIPT
Weather Score 666 — 6 Families × 6 Variants (v6)
Weather Score 666 (WS666)
Multi-factor market “weather” meter that blends 6 families × 6 variants into a single score from 0 → 666.
What it measures (families, each scaled 0→111):
Trend: EMA fast/slow pairs + slope/stacking (structure & momentum agreement).
RSI: 6 lengths, normalized around the 40–60 balance zone.
Stochastic %K: 6 lengths, normalized 20–80 for rotation/mean-reversion context.
MACD (hist z-score): 6 classic parameter sets, volatility-adjusted by per-set stdev.
ADX strength: Wilder ADX across 6 lengths, favoring the 15–35 “power zone.”
ATR %: ATR vs its own percentile/range (expansion vs contraction).
Score & signals
Total = sum of 6 families (max 666). Mid ~330 is neutral; higher = more aligned tailwind.
GO / NO-GO alerts: fire when composite crosses your thresholds (default 80% / 20% of max).
Optional paint bars, a badge with per-family scores, and a mini table for quick diagnostics.
Why it’s robust
Every family uses 6 time-horizon variants, reducing single-setting bias.
Custom Wilder ADX and manual MACD avoid na/assignment quirks in Pine v6.
Works on any symbol/timeframe (intraday → higher-TF).
How to use
Add WS666, keep defaults to learn its rhythm on your market.
Tune GO/NO-GO for your instrument/timeframe.
Combine with structure (S/R, trendlines) for entries/exits; WS666 is a context/confirmation tool, not a standalone trade system.
Tip: Strong trends often show high Trend + ADX + MACD; emerging expansions show rising ATR %; choppy conditions show softer, mixed family scores.
Multi-factor market “weather” meter that blends 6 families × 6 variants into a single score from 0 → 666.
What it measures (families, each scaled 0→111):
Trend: EMA fast/slow pairs + slope/stacking (structure & momentum agreement).
RSI: 6 lengths, normalized around the 40–60 balance zone.
Stochastic %K: 6 lengths, normalized 20–80 for rotation/mean-reversion context.
MACD (hist z-score): 6 classic parameter sets, volatility-adjusted by per-set stdev.
ADX strength: Wilder ADX across 6 lengths, favoring the 15–35 “power zone.”
ATR %: ATR vs its own percentile/range (expansion vs contraction).
Score & signals
Total = sum of 6 families (max 666). Mid ~330 is neutral; higher = more aligned tailwind.
GO / NO-GO alerts: fire when composite crosses your thresholds (default 80% / 20% of max).
Optional paint bars, a badge with per-family scores, and a mini table for quick diagnostics.
Why it’s robust
Every family uses 6 time-horizon variants, reducing single-setting bias.
Custom Wilder ADX and manual MACD avoid na/assignment quirks in Pine v6.
Works on any symbol/timeframe (intraday → higher-TF).
How to use
Add WS666, keep defaults to learn its rhythm on your market.
Tune GO/NO-GO for your instrument/timeframe.
Combine with structure (S/R, trendlines) for entries/exits; WS666 is a context/confirmation tool, not a standalone trade system.
Tip: Strong trends often show high Trend + ADX + MACD; emerging expansions show rising ATR %; choppy conditions show softer, mixed family scores.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.