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 is an advanced form of MUPS pivot intraday trading system. Use this indicator with the following indicators : 1) IndianPivotBossPivotShift. 2) IndianPivotBossPivotRSI 3) PBOscillator 4) IndianPivotBossADMIN When all the four indicators are sloping upwards, the long setup is triggered. The indicators bars turns blue when each of them begins to slope...
This is a momentum index derived from the number of advances - number of declines of the stocks comprising the index. This is called Advance Decline Momentum INdex (ADMIN). It is a leading indicator to spot reversals. This can be used in any time frames right from intraday to higher time frames. By default it is configured for Bank Nifty (12 stocks). Stocks can be...
Idea : Idea of script is getting the volume of index BNF and NIFTY50 ( as Tradingview don't provide the volume information of the indexes ) How it works : Script works on getting the weighted volume of underlying stocks and the plotting them by weight in volume Benefits: 1. Can server as example how, once can plot the mixed volume of symbols 2. Will help the...
Breadth Indicators Summary : Script calculates Advance and Declain value based on weightage of each Bank share in BankNifty Index Bank NIfty is not an asset and it does not have value. It is composition based on multiple bank stocks with different weightage. This tool display the indicator based on "Number of Stocks Moving on UP TICK" and "Number of Stocks...
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...
Purpose: Weekly - Fibonacci pivot levels and Gann levels calculation and marking on Chart automatically. Mainly expected to use for trading on NIFTY and BankNifty Kindly share your comments and suggestions to improve
This is a Camarilla pivot based trading strategy. It falls under the category of initiative trading strategy and not responsive trading strategy. This strategy buys or sells when price crosses Camarilla 4th level and exits at the close of the day or it breaches Camarilla 3rd level. Backtested results are not guaranteed to perform in the future. Hence please use it...
JARVIS is a technical indicator primarily designed for Nifty Bank. But, it also works on other instruments like stocks for example. You may apply it on other instruments if you find it useful. Once the indicator is plotted, it will have bars with 3 colours 1) Blue - It's watching 2) Green - It's bullish 3) Red - It's bearish So, it's that easy to interpret....
This is an intraday trading strategy using Floor Pivots for BankNifty. This strategy overlays on the charts with wide variety of drawing floor pivots and previous day levels. VERY IMPORTANT : 1) LONGS AND SHORTS TO BE TAKEN IN 5 MIN CHART. 15 MIN CHART IS DISPLAYED BECAUSE TV DOESNT ALLOW TO PUBLISH WITH TF LESS THAN 15 MIN. 2) BACKTEST RESULTS ASSUME EXITS AT...
Simple Price Action + Bollinger Band Strategy Buy Setup -------- - Price closes below Bollinger Band - Last candle closes in green, confirming bulls have returned - Buy trade is taken Short Setup -------- - Price closes above Bollinger Band - Last candle closes in red , confirming bears have returned - Short trade is taken Strategy open for suggestions and updation
BANKNIFTY HIGH ACCURACY SIGNAL STRATEGY A STRATEGY that was built using the Market Internals, Money Flow analytics and Summation Index Used to trade BankNifty Buy Signal - Go ahead and buy BankNifty Sell Signal - Go ahead and Sell BankNifty Profit 70 Point Signal system Back tested for 1 year and a success of 75% with 23% annual return on the investment
The BankNifty signal system is developed based on the Market Internals which ultimately drills down to its underlying stocks and their free float market capitalization. Based on the free float market capitalization of the underlying stocks their weightage is been decided in BankNifty. So a Signal system is composed which takes the key Market Internal factors...
Hello Traders...! Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS", this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!! - It works on any time frame - along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines . - Pls donot...