Banknifty Volume - IN

This simple indicator computes the average Relative Strength Index of each Banknifty stock and displays the volume on the chart with color schemes while the average line indicates the average RSI of all Bank Stocks. This indicator works on Banknifty and its stocks.
It works on all time frames
How You can use this?
You can use this indicator for Volume analysis if the average RSI line is above the 0 line, the stock is moving upside and vice versa for Downside .

Sürüm Notları

Minor changes : RSI Period added in setting and more confirmation using EMA

Sürüm Notları

Set Timeframe as per your need

Sürüm Notları

Improvement

Sürüm Notları

The Trend Reversal Cloud with Customized timeframe option was added to help forecast when reversals will happen.

Sürüm Notları

*** Minor bug fix ***

Sürüm Notları

Now you can set the weightage as per your requirements from setting panel

Açık kaynak kodlu komut dosyası

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

LossTronaut

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.

Açık kaynak kodlu komut dosyası

For quick access on a chart, add this script to your favorites — learn more here.

LossTronaut