SGX Nifty OHLC for Nifty 50 Index
What is this Indicator?
• This indicator calculates the OHLC levels of SGX Nifty.
How does SGX Nifty impact NIFTY and the Indian Market?
• Helps in predicting NIFTY50 Index behavior.
• The closing price of today's 9.14 am (IST) SGX Nifty will be the Open of today's Nifty50 Open. This helps to determine the opening Gap of...
NIFTY and BANKNIFTY Being Index do not have VWAP (because there is no volume generated). This is a simple script that displays NIFTY's future VWAP on NIFTY's Spot chart and similarly, displays BANKNIFTY's future VWAP on BANKNIFTY's sport chart. Fast and quick. Just few lines of code. No hefty un-necessary calculations.
No settings necessary. The script...
Compared to all the Pivot Indicators available on Trading View Public Library, this Floor Pivots Indicator differentiates itself in two major original ways:
Dilates the Pivot Support/Resistance Levels into Support/Resistance Bands based on volatility
Displays the S/R Levels Dynamically , that is, only those levels will be shown that are...
The script picks up nifty stocks with their current respective weights and plots a Volume Weighted Average Price line along with 2 EMAs and an alert when the EMAs cross over.
You can customize the script for EMA lengths and to remove alert. Basic utility of the script is to analyse volumes driving the Nifty 50 index.
Credits to @daytraderph and his script...
Higher Higher, Lower Lower Indicator (A B C patterns) with breakout levels
When LH breaks take entry on buy side and keep stop loss at HL
When HL breaks take entry on sell side and keep stop loss at LH
Use only for Intraday day
Less risk in 15min time frame and in 5mins time frame ignore on flash breakouts
Target will be 1:1 / comfortable
BankNifty Index is calculated based on the movements of its participants. Every time you think of why is Index going up/down, who is actively dragging the index either ways, this Indicator gives you the answer for the same in realtime!
For example : You see HDFCBank and Kotak Bank significantly up while all other banks going down but index reacting in a...
Nifty50 Index is calculated based on the movements of its participants. Every time you think of why is Index going up/down, who is actively dragging the index either ways, this Indicator gives you answer for the same in realtime!
This indicator will help you in pre-planning your trades based on the movements shown by different stocks of various sectors in Index...
- By Default the script draws Daily VWAP for Bank Nifty based on Futures Volume or underlying Index Stocks based on user input
- Optionally one may Anchor it to Week/Month etc or anchor it from a particular Time.
- It also draws 3 Standard Deviation Bands from the VWAP based on User Input.
- Optionally draws Previous VWAP Close for and Bullish or Bearish Move.
The security function can be called 40 times in a codescript. We can therefore scan about 40 stocks out of NIFTY 50 stocks with a single script.
This code can be modified to search for other scripts by changing the condition function
condition() => open > (close * 1.0025)
Only stocks which have gap up of 0.25% or more will be reported.
Dashboard to see Price Momentum Build-Up at Nifty.
It cumulates all prices and their respective weightage.
During initial of a candle, we are not aware of volume is High or Not, we only get it in later buildup. But Price buildup will display it at the same instant that what is going with the price of all stocks.
The logic used here is that
1) If a stock close >...
The Central Pivot Range (CPR) is an indicator to identify key price points to set up trades. CPR is beneficial for intraday trading.
The CPR consists of three components –
Pivot Points (PP)
Bottom Central Pivot (BC)
Top Central Pivot (TC)
These are derived out of the underlying’s High, Low, and Close calculations –
Pivot = (High + Low + Close)/3
Bottom CPR =...
How to use Alpha(α)?
If Alpha is positive the stock outperforms, if the value is negative means the stock underperforms.
α < 0: The investment has earned too little for its risk (or, was too risky for the return)
α = 0: The investment has earned a return adequate for the risk taken
α > 0: The investment has a return in excess of the reward for the assumed risk
The script picks up Bank nifty stocks with their current respective weights and plots a Volume Weighted Average Price ( VWAP ) line along with 2 EMAs of your choice and an alert when the EMAs cross over and also when price crosses VWAP .
You can customize the script for MA type and lengths and to remove alert. Basic utility of the script is to analyse volumes...
This script tries to draw OBV for BankNifty using Futures Volume along with Average OBV. For Nifty50 just change the Futures Volume symbol in settings. Look at devations in Price vs OBV or Average OBV breakout.
Timeframe : 5 Min
*When Indicator show Buy signal look only for buy entries at CPR and 50 EMA High and low
*When Indicator show Sell signal look only for sell entries at CPR and 50 EMA High Low
for any quieries contact on twitter @nifty_alchemist
This is a Index Screener which can short list the major Sectors contributing to NIFTY movement that day.
This helps in sector based trading, in which we can trade in the stocks which falls under that particular sector.
No need to roam around all the stocks in the whole watchlist.
It is recommended to create sector wise watchlist of all sectors. It will be easier...