This indicator displays the Stocksgeeks market breadth dashboard for NSE (India) stocks. Market breadth provides insights into the participation of stocks in a market's movement & the conviction in the overall mood of the underlying index. Various interpretations of market breadth exist, including gauging the quantity of new highs and new lows, or the number of...
Using Pinescript, we will use charts of Cash/Future to trade in Options. Note this strategy works well with even the free version of TradingView. The Relative Strength Index ( RSI ). Is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Increasing RSI shows increasing bullish momentum. Decreasing...
One of the greatest technical analyst the world has seen, was The Legendary William Delbert Gann. He had simple, creative principles based on astronomical computations. Although he wasn't an intraday trader, his theories produced outcomes that are just as impressive as delivery trading. On the basis of his approach, I have created an indicator based on intraday...
This script, redraws the Minute, Hourly, Daily, Weekly, Monthly candles for gap up and gap down situation. Also this candle marks the LEG candles and BASE Candles with different colors to mark the supply and demand zone. This script is only for Indian NSE markets (09:15 to 15:30) for GAP up/GAP down redraw. This script is most beneficial for TradeLegend...
This indicator plots a chart of future timevalue for all NSE index and NSE FNO Stock. It plots the difference of future and spot's 1min candle close price. Just open any index or stock spot chart in 1 min timeframe(works with higher tf also) and add the indicator.
Dashboard to see Price Momentum Build-Up at Nifty. It cumulates all prices and their respective weightage. During initial of a candle, we are not aware of volume is High or Not, we only get it in later buildup. But Price buildup will display it at the same instant that what is going with the price of all stocks. The logic used here is that 1) If a stock close >...
This indicator combines all the volumes from both the NSE & BSE exchanges as well as Future volumes ( Current Month & Next Month) if the symbol is available in FnO Indicator shows 3 volumes Total Volume = NSE + BSE + Current Month + Next Month Stock Volume = NSE + BSE Future volume = Current Month + Next Month Benefits As shown in the chart...
Motivation The momentum feature is well known and researched in the market. Momentum trades/signals often result in out sized positive returns when trades go well in their favor. At the same time, almost all momentum methods/signals suffer from frequent, small and multiple losses. Dynamic indicator/system is a proprietary systematic method designed to capture...
Hi Traders, This is Trend following strategy. This strategy calculates the higher high or lower low of a look back period. If the previous high or low is breached, a signal to enter market is given. This strategy works well with regular candles and line charts if you find the right settings and chart time frame. Give it a try with your settings & post your...
This is a simplistic indicator capable of predicting Intraday Reversal regions for almost any chart on NSE/BSE (Indian Stock Exchanges) Notes for Usage: Best works when used on both indexes NIFTY and NIFTYBANK simultaneously in correlation. Its easy to understand that correlation, any one using it should spot it in a few days Also, should only be used on 3 or 5...
Thanks for the tremendous response I got for the Nifty-50 trading tool. It is non-repainting indicator and uses @version=4. This is trading tool for IndusInd Bank which is traded on National Stock Exchange (India). The results will be very different depending upon time-frame and date range of your choice. The strategy works best on 10 minutes timeframe. The...
I have developed this strategy for NIFTY-50 Index on which is traded National Stock of Exchange(India). It is non-repainting indicator and uses @version=4 This script uses hourly and daily price data. The results will be very different depending on the chart and time-frame of your choice and date range of your choice. The default contract quantity is set to 2...
Short the High This script has been developed as a professional service and is published only for customer verification/acceptance. If you are interested in development services, either PM me or visit the Backtest-Rookies website (.com) Summary This strategy will attempt to take a short position within a time window only after X consecutive up days. Once X...
This script has finetuned the dynamic shifting of prices seen in the previous script.