krishnadeshmukh/NIFTY50 Micro Sentiment Part 2

📘 Script Description: NIFTY50 Micro Sentiment — Part 2

This indicator continues the NIFTY50 Micro Sentiment model by analyzing the remaining 25 stocks (Rank 26–50 by index weight) of the NIFTY50.

🔍 Key Features:

Applies the same volume-bin methodology used in Part 1.

Sentiment detection based on:

Candle Color (default) or

*Close vs Midpoint of the candle range.

Stocks are weighted by their index influence.

Output is a clean sentiment table:

+ve / -ve / Neutral Volume Score

Weighted Sentiment Output

Use this in conjunction with Part 1 to analyze the entire NIFTY50 sentiment landscape.

📘 Script Description: NIFTY50 Combined Score

This script aggregates live sentiment data from both:

🧩 NIFTY50 Micro Sentiment — Part 1

🧩 NIFTY50 Micro Sentiment — Part 2

🚀 What it does:

Imports Score, +ve, -ve, and Neutral components from both scripts.

Combines them to produce:

✅ Total Weighted Sentiment

🟢 Bullish Weight

🔴 Bearish Weight

🟡 Neutral Component

📊 Outputs are shown via a middle-right sentiment table, updated every 5 bars.

Perfect for traders seeking a unified view of micro sentiment across the entire NIFTY50 ecosystem — in one glance.