OPEN-SOURCE SCRIPT

Jigga-SectorTrendView

201
The Jigga-SectorView script is indicator designed to analyze and visualize sector trends based on given input. Based on input of multiple sector indices, calculates key technical values, and presents a structured summary in a table.

Calculating Sector Strength & Momentum:
For each selected symbol
Step 1 - 52-week lowest low is fetched.
Step 2 - Daily closing price is retrieved.
Step 3 - A crossover between 50-day EMA and 200-day EMA determines trend shifts.
Step 4 - Percentage difference from the identified level is calculated.

Output:
A bottom-right table is created with sector-wise trend insights which shows Symbol name and how much its away from SL in percentage terms.

Aviso legal

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