OPEN-SOURCE SCRIPT
AVNT Weather Diary — Buy Readiness Score (0–10) with Trend & Ram
🔹 Description
This script is a visual "weather diary" for AVNT (or any symbol). It combines RSI, MACD, and ramp momentum signals into a 0–10 Buy Readiness score and translates that into simple “weather” conditions:
🌧️ Rainy → Weak setup
🌫️ Storm Clearing → Possible build-up
⛅ Clearing Skies → Neutral but improving
☀️ Sunny → Stronger trend forming
🌈 Blue Sky → High strength / breakout potential
What’s included:
0–10 readiness score based on RSI(1h/4h), MACD, and RSI ramps (5m/15m).
Weather + emoji labels for quick interpretation.
Trend label: Uptrend, Chop/Basing, or Downtrend.
Sustained-clear vs False-clear streaks to catch fake breakouts.
Top-right status table for quick metrics.
Bottom info box summarizing conditions (score, weather, trend, streaks).
Background tint so you can feel the "weather" of the chart at a glance.
Alerts for each weather shift and for sustained coiling streaks (pre-breakout).
✅ Works best on AVNT but is adaptable to any coin or stock.
✅ Designed for traders who prefer simple storytelling instead of raw numbers.
This script is a visual "weather diary" for AVNT (or any symbol). It combines RSI, MACD, and ramp momentum signals into a 0–10 Buy Readiness score and translates that into simple “weather” conditions:
🌧️ Rainy → Weak setup
🌫️ Storm Clearing → Possible build-up
⛅ Clearing Skies → Neutral but improving
☀️ Sunny → Stronger trend forming
🌈 Blue Sky → High strength / breakout potential
What’s included:
0–10 readiness score based on RSI(1h/4h), MACD, and RSI ramps (5m/15m).
Weather + emoji labels for quick interpretation.
Trend label: Uptrend, Chop/Basing, or Downtrend.
Sustained-clear vs False-clear streaks to catch fake breakouts.
Top-right status table for quick metrics.
Bottom info box summarizing conditions (score, weather, trend, streaks).
Background tint so you can feel the "weather" of the chart at a glance.
Alerts for each weather shift and for sustained coiling streaks (pre-breakout).
✅ Works best on AVNT but is adaptable to any coin or stock.
✅ Designed for traders who prefer simple storytelling instead of raw numbers.
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.