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Volume Spike Detector> Last 3 Days

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This Indicator helps you spot the best stocks from the universe of Nifty 500 stocks.

This is based on the volume spike in first 5 minutes when compared to the previous 3 days.

Volume spike indicates the particiation of big players.

How to Use?
Step 1. Use it on nifty 500 stocks only.
Step 2. Scan the stocks one by one and notice only one thing that a dark label is marked on the chart above the candle as explained above.
Step 3. Make a separate watchlist of the stocks selected by 9.20 am IST daily
Step 4. Now, the condition for Buy is that a first 5 minute candle should be green and then the immediate 2nd candle should break it's High . And
Step 5. The condition for Sell is that a first 5 minute candle should be Red and then the immediate 2nd candle should break it's Low.

That is it. Enjoy the indicator

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.