Circuit % Marker w/ Mirrored Arrows

📈 Indian Market Circuit Limit Change Tracker

This indicator automatically tracks circuit limit changes (price bands) as applied in NSE/BSE stocks.
🧠 How It Works:

Start from a user-defined initial circuit limit (e.g. 10%)

If the upper or lower limit is hit, the script waits for a user-defined cooling period (e.g. 5 trading days)

After that, it automatically adjusts to the next lower or higher band (e.g. from 10% to 5%)

Shows a visual label with the current circuit % right on the chart — placed above or below candles for better visibility

🔧 Custom Inputs:

Starting Circuit % — choose between standard NSE/BSE values (20%, 10%, 5%, 2%)

Cooling Days — how many days must pass after a circuit hit before it’s allowed to change again

Label Positioning, Color, and Size — fully customizable to suit your chart style

🚫 No Clutter:

Doesn’t draw circuit limit lines

Just clean, small labels at key turning points — as seen in real trading dashboards

🔍 Notes:

NSE and BSE manually assign circuit bands — this script does not fetch live exchange data

Use it as a visual tracker and simulator of how circuit behavior would evolve under fixed rules