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NIFTY

ILM | Structural Pivots v1This script will mark the structural pivots based on some rules. Solid green/red lines are for major trend to mark LPH (Large Pivot High) and LPL (Large Pivot Low). Dotted green/red lines are for minor trend SPH (Small Pivot High) and SPL (Small Pivot Low). SPH and SPL are not marked as labels to reduce congestion on the chart. Gray lines are to identify temporary large pivots before they get promoted to LPH / LPL Blue lines are to identify temporary small pivots before they get promoted to SPH / SPL Couple of common trading strategies - Go Long above LPH - Go Short below LPL - Go Long above SPH after LPH - Go Short below SPL after LPL Mean Reversion - Go Long above SPH after LPL - Go Short below SPL after LPH This is the initial version and I am making it as public beta to iron out any issues. I might make this script private in future - FYI
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ILuvMarkets tarafından
91
TEWY - Breadth Based Bar ColorNSE:BANKNIFTY1! ⚠ Important: Before going into details of this script, in order to best use this indicator it is VERY VERY important to make some changes to the chart settings as mentioned below. • REMOVE CANDLE BORDERS from Symbol settings • CHANGE WICK COLOR to white/black/gray based on the chart theme you use, from Symbol settings Make sure you have these settings done. Detail about this indicator 1. This indicator is used to identify the trend based on the momentum of the counter selected. 2. This indicator is calculated differently for indices NSE:NIFTY and NSE:BANKNIFTY. As I take high weightage stock under these indices to get overall indices momentum. 3. I have used the rate of change and RSI of it to calculate momentum. 4. I would typically use this indicator to see momentum on the Monthly and Weekly first and daily timeframe to get proper entry. 5. Also please try to stay in the long position more than the short position as we all know that, the imminent nature of the market is to go upward only. 6. Please try to keep base inputs as defaults, though it allows you to change input parameters like changing the length of momentum indicator or bar color options. Below is the description of each input • Smoothen: It changes source from CLOSE to OHLC4. • Signal Length: It's the length(no of candles) for which the momentum is calculated. Like for RSI the default period/length is 14 or for Moving Average indicator default period/length is 9, I simply use 20 as the default length • Timeframe: If you want to calculate momentum based on the momentum of different time frames. • Change bar Color: Use the toggle to change the color of the bar. You can uncheck it so that no bar color is changed if you need so • Set Bar Color Dynamically: With this even though the oscillator is in opposite direction to the trend it takes the candle close into consideration and sets bar color accordingly. Always respect RISKS and follow stop loss. Let's understand how to take a position using this indicator • Long position:- • If the latest candle color is GREEN and its preceding candle color is RED, then go long in the counter with the strict stop loss(SL) 1% below the preceding RED colored candle. • Once you are in a long position, trail stop loss(SL) below each red candle you see on the chart. • Exit strictly if initial SL or trailing SL is hit. And re-create long positions once you see the next green candle. • Short Position:- • If the latest candle color is RED and its preceding candle color is GREEN, then go short IF RED COLORED CANDLE LOW IS TAKEN OUT. Exit short once you see a green colored candle. • Exit strictly if you see a GREEN-colored candle and create a long position. If you are really interested and need access to this indicator please DM me. I have given a sample illustrational image below, which should help you understand this indicator. Best of luck
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TradeEasyWithYogesh tarafından
12
Nifty yield curveREAL-CASE SCENARIO:- IN10Y(10yr yield t- bill) are govt. backed bonds provide basic interest or coupon rate. If the coupon rate falls below (yield =(1/price) the coupon rates of 3 month bond IN03MY(3m yield t- bill), investors are pessimistic about future growth of the economy. This pessimistic behavior can be seen in the graph when change in background color. While optimistic behavior scenario when investors no longer interested in long-term bonds and dumping 10Y T-bills causing yields to raise above short term 3m T-bill .
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aftabmk tarafından
2
DYNAMIC Trend Following-NSE Stocks-Long OnlyMotivation The momentum feature is well known and researched in the market. Momentum trades/signals often result in out sized positive returns when trades go well in their favor. At the same time, almost all momentum methods/signals suffer from frequent, small and multiple losses. Dynamic indicator/system is a proprietary systematic method designed to capture momentum on Indian Indices of NIFTY and BANKNIFTY . It aims to identify bullish / bearish patterns in a systematic manner and uses volatility adjusted entry levels and trailing points. The method employs a proprietary method to filter out market noise from an underlying trend to ensure whipsaws arising from a trend-following method are removed. These patterns can be found in several well known books such as those of LA Little and Market Wizards series. We have combined well known existing patterns into a proprietary pattern that improves the performance. It is similar to combining Moving Average and RSI to get confirmations into a single system. The current indicator is a Long-Only investment strategy for NSE(INDIA) Stocks. Trade Usage The indicator can be used either as a standalone indicator/method or can be used as an additional confirmation to your stock analysis. If you have a knack of picking stocks or if you deploy any other system to pick stocks, this can add systematic entry and exits to your Stock Analysis. Time Frame This indicator can work best if you use a bit of Multi-Time Frame analysis. Depending on your expected holding period, here are a few suggestions: Investing - Holding period of a few Weeks to Months - Use Daily Charts and 2-Hr Charts Swing Trading - Holding period of a few Days to Weeks - Use 90-Minute Charts and 30-Minute Charts You can use any other time frame combinations that may suit your style. Elements of the indicator BUY - They depict the BUY Signal at the open of that bar. Scale-In (Optional) - If your risk appetite permits, you can potentially scale-in at these times. These are signals which come only when a prior Buy signal is on. Stop Loss - Anytime the system generates a Buy Signal, it will also generate an initial SL level. This SL level is updated at close of each bar and adapts to volatility and trend in the market. Customizable Parameters Here are a few things that can be customized: Input Parameters: Volatility Lookback - The lookback period that affects the trailing SL and entry exit signals. Default value is 20 Bars, but you may want to edit on the basis of your time frame. Risk Mode - This comes with three options - Conservative, Moderate, Aggressive. It is a good idea to Enter Positions on Conservative Mode and then trail it on Moderate. Aggressive should rarely be used. Colors - All labels and plots on the chart can be customized for colors. Look under 'Style' settings. How to obtain access? Please PM the publisher of script to request access or refer to details in signature below.
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Ankit_Quant tarafından
4
Banknifty & Nifty50 ScalperWhy this indicator? There are full time traders who watch their screens during live market and make good amount of money by actively managing their positions. There are full time employees also who want to trade but can not do so because they can not monitor their active positions while they are at job. This indicator helps you execute your trades through third party platforms by generating Buy/Sell messages in a broker-compliant format. You just need to "Enter Your API Key” in indicator settings and the indicator will generate pop-up messages which can be captured with Google Chrome extension and passed on to your third party platform for execution. How this indicator works? The indicator generates trades with 03 type of formulas: 1. It calculates Zeta Force values for Bank Nifty & Nifty based upon our proprietary formula. On reaching certain threshold limits, these values trigger Buy/Sell signals. 2. It calculates 5 type of moving averages along with change in volume and deviation from mean price and when the threshold limit set is crossed, Buy/Sell signals are generated. 3. On 1 min. Time frame, it generates scalping trades when there is sudden spurt in price and volume. Additionally, indicator also generates automatic Support/Resistance lines based upon pivot points + behaviour of price at certain levels (whether price repeatedly bounces off or sails through a certain area). What are other features of the indicator A label displayed at the last bar gives you following information: (a) Value of India VIX (b) jump in India VIX (compared to yesterday’s close) (c) Zeta Fore value (current candle) (d) V+ and V- which stand for number of bank nifty stocks trading above or below their respective VWAP (e) Zeta TP, an oscillator whose value varies from -100 to +100 On what stocks or Indices it can be used? As described above, it specifically tracks volume and price of Bank Nifty & Nifty50 (Indian indices). Hence, it is suitable for both these indices and should not be used on anything else. Also, when this indicator formulae were back-tested using a strategy, 5 min and 15 min time frames produced best-results. Support/Resistance lines and over-sold, over-bought indication can be used together to exit your open positions.
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jellygill tarafından
17
IPB_MA_Market_Breadth_NIFTYThis is a very powerful index to guage the market breadth of an index. By default it is configured for the top 18 stocks of Nifty. This indicator calculates the momentum (RSI) of the no. of stocks above and below MA difference. Divergence of shorter momentum with price gives reversal caution. Crossing of shorter momentum over / under longer momentum provides a bullish stance / bearish stance. It also has a MACD of no. the stocks above and below MA difference. As usual it is better to use this indicator along with other indicators.
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scorpiomanoj tarafından
4
IPB_MA_MARKET_BREADTH (MAMB)This is a powerful indicator to guage the strength of the market. 1) By default it plots the momentum of the number of stocks in Bank Nifty that are above 20 period MA. You can change the MA number if you desire. 2) It also has other features like plotting the above along with the weights allocated in index / MACD of the number of stocks above and below index / cumulative raw index with respect to number of stocks above / below MA. 3) You can use it to other indices as well but can add only 12 stocks participating in any index. How to use it? If you see the price moving up (down) but the index (Item no. 1 above) falling (rising), it indicates higher chance of reversal. If shorter momentum crosses longer momentum from below, it usually signals bullish and vice versa. As always use this indicator in tandem with other indicators.
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scorpiomanoj tarafından
2
Nifty Relative PerformanceDISCRIPTION:- This indicator is used to determine relative performance of a stock based on different time intervals as well as compared to benchmark indices as Nifty 50,Nift IT, Nifty auto etc. USE CASE SCENARIO:- The top right table provide performance of stock based on different interval while the bottom table depicts its relative performance compared to an index eg:- INFY compared to Nifty 50 & INFY compared to Nifty IT DISCLAIMER:- if using an android device kindly toggle full-screen mode and view it horizontally In desktop full screen mode may provide better comprehensive view
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aftabmk tarafından
BankNifty - VWAP + StdDev Bands- 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. - It works with NIFTY 50 as well but only using Futures Volume(Pine limitation to number of security calls) . Please change the Symbol and Futures Volume symbol to "NSE:NIFTY" and "NSE:NIFTY1!" NSE:BANKNIFTY NSE:NIFTY
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gokoffline tarafından
Bank Nifty DashboardThis shows a performance glance of Dow, India Vix and Major Constituents of Bank Nifty. Which will help to take quick decision. Style settings Normalized Change Mode: Allows the user to access a different interpretation of the indicator by showing the normalized first differences of each indicator in the dashboard instead of their sign Dashboard Location: Location of the dashboard on the chart Dashboard Size: Size of the dashboard on the chart Text/Frame Color: Determines the color of the frame grid as well as the text color Bullish Cell Color: Determines the color of cell associated with a rising indicator direction Bearish Cell Color: Determines the color of cell associated with a decreasing indicator direction Cell Transparency: Transparency of each cell Usage This will help to monitor the banks Performance on various time frames . You can change the stock list according to your usage/Index. All showing in green indication strong momentum.
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cvsk123 tarafından
46
Market Movers: Sectoral IndexThe indicator will show the Sectors which are leading or lagging NIFTY50 index based on Alpha & Beta values. Stock selection can be done based on the respective Sectors. Look for alpha & beta values. Prefer one with high beta. Greens are leaders & Blues are lagers. This don't completely indicates a trend, but it can give the overview of a major trend & market movers. Gray line is the base index NIFTY50, it is Zero. Turn on Indicator Name Label in Settings > Chart Settings. In intraday or positions, in a leading Sector there will be a leading stock, spot it out. Make a sector wise watchlist of stocks. Use higher or Daily timeframe for Swing trades. Detailed descriptions are available in my previous Alpha & Beta indicators.
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Arun_K_Bhaskar tarafından
20
OHO ATM MachineStudies Used: We have used different type of candle stick patterns, open, close, high, low, Moving Averages, volumes and Average True Ranges in creation of this indicator. Usage: It can be used for scalping and intra-day trading. It works best on Nifty 5 Minutes , 15 Minutes, 1 Hour, Daily, Weekly and Monthly Time Frames. It provides easy to visualize multiple information: 1) It gives the correct Entry on Time. Yellow ATM Area, Means No Trade. 2) Fake Signals are shown when There is Sell Signal and Below is ATM Area. 3) Fake Signals are shown when There is Buy Signal and Above is ATM Area. 4) It gives proper Target at the time of Entry. 5) Stop Loss is Hit when The Candle Closes below ATM Area in Buying and vice versa. 6) No Trade is Recommended, when ATM Area is Yellow. How to read OHO ATM Machine Indicator? Buy - When ATM Area is Turned Green in Color First Time after Last Red. Sell - When ATM Area is Turned Red in Color First Time after Last Green. Stop Loss - When The Candle Closes below ATM Area in Buy Trade and When The Candle Closes above ATM Area in Sell Trade. Target - Thin Green Line for Buy Trade and Thin Red for Sell Trade. Trailing SL - We can Trail the Trade, till the Stop Loss is HIT. Recommendations: This can be used for Nifty, Bank Nifty, Stocks, Commodities, Bitcoin, Currency and any other tradable instrument. What time frame should I use? 5 Minutes and 15 Minutes are best time-frames for Intra-day Trades. 15 Minutes and Hourly are best time-frames for Swing Trades. Hourly and Daily are best time-frames for Short Term Trades. But you can check different time-frames in Strategy Testing section or as per your requirements. Disclaimer: Past performance is not the guarantee of future performance. For any type of queries kindly send us personal message.
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AIATMMACHINE tarafından
8
Screener: Alpha & Beta IndexThis 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 to concentrate in only one sector. For example in IT sector index there are certain stocks which contribute to the movement of IT sector. This will be available in NSE (or exchange website). For detailed description check out the descriptions in my previous 2 Alpha and Beta indicators. Combine and use this screener with my previous Alpha & Beta indicator.
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Arun_K_Bhaskar tarafından
1
PIVOT EDGE - THE COMPLETE TRADING SETUP - CUSTOM TFIntroduction to the Indicator " PIVOT EDGE - The complete trading setup - CUSTOM TF " It means custom timeframe The Foundation layout for this indicator is based on PIVOT's which are nothing but the most important levels that the price has respected in the past. The values for the pivots are derived from the key attributes of the price in any timeframe such as the OPEN, HIGH, LOW and CLOSE. These define the mood of the price and where it intends to move in relation to the previous range formed. Earlier HIGH - LOW i.e the RANGE indicates the possible movement that a stock can make in the current session and as per the calculated pivots we can possible find out the tentative supports and resistances. In addition to this indicator, It is advisable to use the price action theory which helps in taking a right decision for entries. This indicator by itself is complete in nature, i.e it guides the user for possible entry levels and the projected targets that we can achieve and also the likely stop loss limit in case the price reverses. So beforehand even before entering into a trade position, the user can ascertain what can be his loss or max profit and then he can chose an optimum position size for favorable results. The beauty of this Indicator lies in the fact that it can be used for all types of trading like Scalping, Intra day, Swing or Positional and Investments also. It works on all timeframes and across all market segments like EQUITY, COMMODITIES , FUTURES , OPTIONS , FOREX etc. This indicator can be used for any exchange and any time zone also without any changes or adjustments needed. Now let us understand the features of this Indicator in detail. TIMEFRAME - It has options to choose between Day, week and month as timeframe. By default it is set to Day timeframe DISPLAY MAJOR LEVELS - These are the important support and resistance levels calculated based on the past price data. Most important ones are marked in BOLD RED and BOLD GREEN between which the price tends to move generally. Apart from these, We have breakout level marked in light green and if price breaks this level we can expect targets upto extended levels and beyond marked in blue. we also have breakdown level marked in light red and if price breaks this level we can expect targets down up to extended levels and below it marked in blue. In addition I have coded intermediate target levels that appear in light gray between the extended levels or blue lines. Sometimes when the gap between these targets are huge, price cannot reach the targets and reverses at these intermediate targets. You can use them as targets or trailing stop loss based on your plan DISPLAY HIDDEN LEVELS - These levels are intermediate supports and resistances that can be used whenever the present day indicated range is very wide. Whenever we have an explosive moments in market the range of that day is very huge and so he next day support and resistance band becomes very wide indicating the sideways movement day within that range. And on those days we can switch on the hidden levels and the price respects these levels and most of the days it is inside this range only. DISPLAY PREVIOUS HIGH / LOW / CLOSE - I have included Daily / Weekly and monthly levels. It is important to know the earlier highs / lows and close since price respects it very must just like support and resistance . PEMA - This is an important EMA based indicator which potentially indicates curves of support and resistance during retracements or pullbacks. If the curves are breached then the trend is reversed and the price will tend to move to the next pivots . IMPORTANT NOTE : This indicator does not guarantee any favorable results nor protect your from any loss. You own the complete risk of your trades. It is suggested that you use this indicator and do back testing for considerable period to understand how it works the the potential win rate it can give. If you have any doubts or need any clarifications of assistance in understanding, you can message me and I will try to help. Happy and Safe trading - Mohan from PIVOT EDGE
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rvmohankumar tarafından
2
PIVOT EDGE - THE COMPLETE TRADING SETUP - PRO +Introduction to the Indicator " PIVOT EDGE - The complete trading setup - PRO+ " The Foundation layout for this indicator is based on PIVOT's which are nothing but the most important levels that the price has respected in the past.The values for the pivots are derived from the key attributes of the price in any timeframe such as the OPEN, HIGH, LOW and CLOSE. These define the mood of the price and where it intends to move in relation to the previous range formed.Earlier HIGH - LOW i.e the RANGE indicates the possible movement that a stock can make in the current session and as per the calculated pivots we can possible find out the tentative supports and resistances. In addition to this indicator, It is advisable to use the price action theory which helps in taking a right decision for entries. This indicator by itself is complete in nature, i.e it guides the user for possible entry levels and the projected targets that we can achieve and also the likely stop loss limit in case the price reverses. So beforehand even before entering into a trade position, the user can ascertain what can be his loss or max profit and then he can chose an optimum position size for favorable results. The beauty of this Indicator lies in the fact that it can be used for all types of trading like Scalping, Intra day, Swing or Positional and Investments also. It works on all timeframes and across all market segments like EQUITY, COMMODITIES , FUTURES , OPTIONS , FOREX etc. This indicator can be used for any exchange and any time zone also without any changes or adjustments needed. Now let us understand the features of this Indicator in detail. TIMEFRAME - It has options to choose between Day, week and month as timeframe. By default it is set to Day timeframe DISPLAY MAJOR LEVELS - These are the important support and resistance levels calculated based on the past price data. Most important ones are marked in BOLD RED and BOLD GREEN between which the price tends to move generally. Apart from these, We have breakout level marked in light green and if price breaks this level we can expect targets upto extended levels and beyond marked in blue. we also have breakdown level marked in light red and if price breaks this level we can expect targets down up to extended levels and below it marked in blue. In addition I have coded intermediate target levels that appear in light gray between the extended levels or blue lines. Sometimes when the gap between these targets are huge, price cannot reach the targets and reverses at these intermediate targets. You can use them as targets or trailing stop loss based on your plan DISPLAY HIDDEN LEVELS - These levels are intermediate supports and resistances that can be used whenever the present day indicated range is very wide. Whenever we have an explosive moments in market the range of that day is very huge and so he next day support and resistance band becomes very wide indicating the sideways movement day within that range. And on those days we can switch on the hidden levels and the price respects these levels and most of the days it is inside this range only. DISPLAY PREVIOUS HIGH / LOW / CLOSE - I have included Daily / Weekly and monthly levels. It is important to know the earlier highs / lows and close since price respects it very must just like support and resistance . PEMA - This is an important EMA based indicator which potentially indicates curves of support and resistance during retracements or pullbacks. If the curves are breached then the trend is reversed and the price will tend to move to the next pivots . VALUE AREA - One of the most important feature of this Indicator is this which is derived from the Volume profile concepts. It indicates the fair value area Indicated by orange band and the upper and lower limits indicated by orange lines. Whenever the price is overvalued or undervalued, it is pushed back to its fair value and we can judge the present price position in relation to the value area and then take position in anticipation of the price reaching its fair value area. This must be coupled with price action for favorable results. IMPORTANT NOTE : This indicator does not guarantee any favorable results nor protect your from any loss. You own the complete risk of your trades. It is suggested that you use this indicator and do back testing for considerable period to understand how it works the the potential win rate it can give. If you have any doubts or need any clarifications of assistance in understanding, you can message me and I will try to help. Happy and Safe trading - Mohan from PIVOT EDGE
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rvmohankumar tarafından
11
Winning tickThis screener can be used for intraday purpose only. it generates Buy and sell signal based on pre defined criteria. script can be used across all product type however this can be used in different time frames. please note before using this script please do necessary back testing from your end,. Disclaimer : please consult your financial advisor before Buying/selling stocks based on this indicator. This is created for educational purpose and user of this indicator is solely responsible for result.
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yogi1984 tarafından
7