OPEN-SOURCE SCRIPT
تم تحديثه BankNifty
custom index only for BankNifty - stock exchange NSE
indicator would help in detecting early movement of index.
Primarily suited for scalping
indicator would help in detecting early movement of index.
Primarily suited for scalping
ملاحظات الأخبار
Modified version of earlier published Bank Nifty Indicator.Explanation
Idea of making this indicator to capture Bank Nifty Major component and track their movement compared to Bank Nifty.
This indicator should only be used for bank nifty Index or seeing security mentioned below in relation to index.
It includes (ICICI Bank, HDFC Bank, Kotak Bank, Axis Bank, SBI) which together holds 87.56% (as on date) of Bank Nifty weight.
We capitalised their weight in same proportion as if index is made of only 5 script mentioned above,
then Plugged this in RSI formula.
Expectedly this indicator would closely resemble RSI plotted on this particular index, but would help you better entry and exit compared to normal RSI
Another Smooth Moving average is plotted for better decision making.
Take trade when leader show sing of strength / weakness
Happy to have your feedback.
نص برمجي مفتوح المصدر
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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.