Tradability Score (0-1)

What THI measures
Turnover – Daily USD volume ÷ market-cap
Tells you how much of the circulating supply actually changed hands.

Liquidity Pulse – Current volume ÷ 20-day average volume
Shows whether today’s flow is above or below “normal,” hinting at how easy fills will be.

Relative Volatility – ATR(14) ÷ closing price
Captures price range: you need some swing to make day-trades worthwhile.

Each raw value is min-max normalised over a user-set look-back (default 120 bars), scaled to 0-1, then blended with default weights 40 % / 30 % / 30 %.
The final THI score is therefore always between 0 (avoid) and 1 (ideal).

How to read it
THI zone Interpretation Typical action
≥ 0.80 “Hot”—ample volume and movement Size up, consider multiple setups
0.60 – 0.79 Tradable but not perfect Trade, yet tighten risk
0.40 – 0.59 Borderline Only take A-grade signals
< 0.40 Cold / illiquid Skip or scalp tiny size

Dashed guide-lines at 0.80 / 0.60 / 0.40 and color-coded histogram bars make the hot/cold zones obvious at a glance.