PROTECTED SOURCE SCRIPT
Atualizado BANKNIFTY position screener
The script takes present day's price range of the stocks (stocks of the Index being tracked included in this screener) into account, to hint strength or weakness in the underlying Index (for example: BANKNIFTY here). The day's price range of a stock is gauged on a scale of 0-100, where 0 is Day's price low and 100 is day's price high.
If a stock is in 90-100 price range section the cell with title "90" illuminates hinting the stock is trading near day's high.
Likewise, if a stock is in 0-10 price range section the cell with title "10" illuminates hinting that the stock is trading near day's low.
The price range of 10-25 is represented in the cell titled "25"
The price range of 75-90 is represented in the cell titled "75"
Only one cell from the day's range illuminates at a time for a stock, signaling the present position of that stock in the Day's range at that instant.
The script works best above 10 second time frame.
Idea: If majority of the heavy weight stocks of the Index being tracked are trading near Day's high the underlying Index must be going strong at that very instant and Vice versa.
Disclaimer: Only for studying Index movement ideas intraday, trading is not advised.
If a stock is in 90-100 price range section the cell with title "90" illuminates hinting the stock is trading near day's high.
Likewise, if a stock is in 0-10 price range section the cell with title "10" illuminates hinting that the stock is trading near day's low.
The price range of 10-25 is represented in the cell titled "25"
The price range of 75-90 is represented in the cell titled "75"
Only one cell from the day's range illuminates at a time for a stock, signaling the present position of that stock in the Day's range at that instant.
The script works best above 10 second time frame.
Idea: If majority of the heavy weight stocks of the Index being tracked are trading near Day's high the underlying Index must be going strong at that very instant and Vice versa.
Disclaimer: Only for studying Index movement ideas intraday, trading is not advised.
Notas de Lançamento
Removed HDFC as it got merged into HDFCBANK.Notas de Lançamento
Updated 75 level to 80 and 25 level to 20 for better adaptation towards range breakouts.Notas de Lançamento
added option to change font and location of table.Notas de Lançamento
Update added: stock's position highlight in Price cell with respect to Previous Day High/Low.Present Day Price above PDH cell color Blue
Present Day Price below PDL cell color Maroon
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
DM contact: x.com/TathaastuVats
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
DM contact: x.com/TathaastuVats
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.