This indicator shows the FII/FPI fortnightly investments across various sectors for easy consumption. This data is sourced from website www.fpi.nsdl.co.in This data gets published on a fortnightly basis. This data is very difficult to interpret and not easy to consume. This indicator makes this data very easy to consume and make good investment decisions by...
Improving on the FPI version 1 , the following changes are incorporated. 1. The prices now use adjustable weighted averages for both spot and futures 2. The algorithm is improved for better normalization of data 3. The buy and sell zones are more precise with adjustable tolerance Upcoming V3 would include , the FRI ( Funding rate index ) as well as even...
The script collects data from various Futures and Spot prices and creates an index which identifies buy and sell zones . When combined with Open interest , this tool can be invaluable in making critical decisions . Good Luck and I would request a like if you can spare that click :) Thanks in advance and Happy Trading