We all know that the value of an Bank Nifty is derived from top banking sector underlying stocks.
The value of Bank Nifty is calculated from free float market capitalization.
Using the same formula, I made an indicator on the bases of weighted volume of each stock.
This indicator will help you to plot Volume on Bank Nifty.
This indicator combines all the volumes from both the NSE & BSE exchanges as well as Future volumes ( Current Month & Next Month) if the symbol is available in FnO
Indicator shows 3 volumes
Total Volume = NSE + BSE + Current Month + Next Month
Stock Volume = NSE + BSE
Future volume = Current Month + Next Month
As shown in the chart...
This is an intraday trading strategy.
Underlying concept is that Amateurs open the market and Professionals close the market. Hence this system tries to capture the breakout in the afternoon session. After One PM Breakout (AOPM breakout). This essentially means that one has to go long once the high of the market till 1 pm is broken out and similarly...
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. This particular strategy is for Nifty-50 Index which is traded on NSE(India).
The detailed description about the indicator is as follows:
Long Period: Period for calculating Primary...
This Trading Strategy is for TATA Consultancy Services (TCS) which is traded on National Stock Exchange (India).
The strategy works best on 5 min timeframe. The results may very different depending upon time-frame and date range of your choice.
The default trading quantity is 2. I have added functionality for part profit booking which increase profit and always...
Thanks for the tremendous response I got for the Nifty-50 trading tool.
It is non-repainting indicator and uses @version=4.
This is trading tool for IndusInd Bank which is traded on National Stock Exchange (India).
The results will be very different depending upon time-frame and date range of your choice.
The strategy works best on 10 minutes timeframe. The...
VWAP OSCILLATOR is the difference between VWAPs of two time frames plotted as an histogram. It is relatively less lagging than other conventional oscillators like MACD, etc. In fact in some cases it moves alongwith the price and hence decision making is more effective.
Here comes the waited FRIEND-CHILD indicator.
The basis of entry and exit is same as the FRIEND indicator, go long when its green, go short when its red.
You need to load two layout of charts in different time frame of same asset "BTCUSD" suppose.
You need to load FRIEND indicator in higher time frame and FRIEND-CHILD indicator in lower time frame.
Now in the...
One of the finest indicator I have created till date.
Works best for entry, as well as exit.
Would suggest exit based on R:R as well as the indicator exit.
Green = go long Red = go short
Divergence also occurs sometimes.
mail at email@example.com for free 7 days trial.
Exact pint point of price at which the color changes is also available in different...
TrendShikari NTS is a Nifty Index, Swing trading system with great profitability. This is the STRATEGY file for you to see backtest performance along with the feature to see the next day trading levels in advance. For getting Email / SMA alerts (based on your TV subscription plan) and to see better graphic level marking use the STUDY file from the indicator...
TrendShikari NTS is a Nifty Index, Swing trading system with great profitability. This is the STUDY file for you to generate E-mail / SMS signal alerts (based on your TV plan) and to see crisp and clear graphical Daily trade level plotting. For seeing backtest results and next day trading levels in advance use the STRATEGY file from indicator library. Access to...