Buy Opportunity Score Table (21 Points)

## 📊 Script Title:

**Buy Opportunity Score Table (21 Points)**

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## 📝 Script Description:

This TradingView script is a **custom multi-indicator scoring system** designed to identify **buying opportunities** in stocks, indices, or ETFs by evaluating momentum, volume strength, and overall market sentiment. It gives a score out of **21 points** using 6 key indicators, and highlights **potential buy signals** when the score crosses **8 points or more**.

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## ✅ Key Features:

### 📌 1. **Indicators Used (21 Points Max)**

Each of the following indicators contributes up to 4 points (except Nifty trend, which adds 1 point):

| Indicator | Max Points | Logic |
| ----------- | ---------- | ---------------------------------- |
| Volume | 4 | Volume > 20-day average and rising |
| OBV | 4 | OBV rising for 3+ days |
| MFI | 4 | MFI > 60 and increasing |
| RSI | 4 | RSI > 50 and increasing |
| ROC | 4 | Rate of change positive and rising |
| Nifty Trend | 1 | Nifty > yesterday and above 20 EMA |

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### 📌 2. **Scoring Output**

* The **total score** is plotted on the chart and capped at 21.
* Score of **8 or higher** is treated as a **buy trigger**.
* Permanent horizontal lines are plotted at **8**, **13**, and **17** to show key levels:

* **8** → Entry zone
* **13** → Accumulation/Build zone
* **17** → Strong bullish momentum

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### 📌 3. **Table Panel (Top Right Corner)**

A table shows:

* Current and previous day’s score for each indicator
* Total score and change from previous day

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### 📌 4. **Visual Aids**

* Background turns **green** when score is **≥ 8**
* Permanent **horizontal lines** at score levels **8, 13, and 17** for easy reference

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### 📌 5. **Alerts**

* An `alertcondition` is triggered **when score crosses 8 from below**
* You can use this for mobile/email alerts or automated strategies

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## ⚙️ Inputs:

You can customize:

* Length of **ROC**, **MFI**, **RSI**, and **Volume SMA**

Default values are:

* ROC: 10
* MFI: 14
* RSI: 14
* Volume MA: 20

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## 🎯 Use Case:

This tool is ideal for:

* **Swing traders** looking for early signals of accumulation
* **Investors** filtering stocks with rising internal strength
* **Algo traders** building signal-based strategies based on multi-factor models