What is Scalping? Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock or any other instrument that can be traded. Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day. The idea behind such type of trading is that small moves in an index or stock price are much easier to...
In any market there are two major sets of participants, Retail traders (like you & I) who command relatively small amounts of capital and typically enter and exits positions quickly, and then Institutional Traders (sometimes referred to as whales) who command large amounts of capital and dictate the overall trend of the market but enter and exit positions slowly....
NIFTY and BANKNIFTY Being Index do not have VWAP (because there is no volume generated). This is a simple script that displays NIFTY's future VWAP on NIFTY's Spot chart and similarly, displays BANKNIFTY's future VWAP on BANKNIFTY's sport chart. Fast and quick. Just few lines of code. No hefty un-necessary calculations. No settings necessary. The script...
Hello Traders, If you trade Forex and Indices this indicator will help you identify Buying and Selling levels that Banks are interested in. These levels are displayed on all time frames. Colors of the lines can be customized. I also added code to show two EMA's, just uncomment the code to show them. :-) How to use this indicator. Show Bank Zones - this...
THE E8- BANK ZONES will highlight the most accurate zones the market has to offer. SETTINGS: Remove uncheck CHARS - this feature simply places a star on high momentum candles to help identify strong momentum bullish and bearish candles. INPUT: You have the ability to choose which zones to display. Our recommendation is to activate continuation zones ...
NKP BNF Scalper V1 is an indicator. It will work only on NSE - BANK NIFTY Futures it was designed based on proven intraday strategy. It will plot buy / sell signal and SL line in live market based on custom calculated information about entry points at close of the candle. Buy/ Sell signal is the best entry point but you can enter at the next candle. we can see...
The indicator comprises of 2 areas ( one in green and another in red ) that depict the money flowing in and out the underlying 12 banks under BANK NIFTY index The money flowing in and flowing out is calculated by identifying the buying pressure and selling pressure of each of 12 underlying banks within a 15 minute period ( which is internally further broken down...
This indicator allows the user to visually identify a swing High/Low and place a marker which will measure 2 candles either side of the swing point for the lowest body. Once identified apply a 50% Fib to the body to ID a break out point and allow an alert to be placed. Subsequently measures a 25% fib retracement of the breakout for a potential entry point....
Bank levels - highs and lows - of the previous day, week, and month only, colored in for visual effect. Includes history of past bank levels as opposed to my other bank levels script.
If you trade Forex this is the indicator you need above all. Most recent six highs and lows on the daily, weekly, and monthly (includes current day). Support and resistance isn't quite what it is...until when that's exactly how it often plays out on the lines. They are called bank levels for a reason. *Not every line will support or resist of course*
Hello Traders, This is another Indicator following to my Reversal Zones indicator ! This script will display the Buying and Selling levels that the Banks are Interested in. On current day chart, it displays four Price lines ( Monthly Demand & Supply and Weekly Demand & Supply levels) Previous levels are displayed as dots and those can be referred for...