INVITE-ONLY SCRIPT

ADVANCED Stock Screener - Indian FNO + All Market

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Disclaimer:

The following description is based on the functionality of a Pine Script indicator, and while the settings and inputs described can be adjusted to fit specific trading preferences, it is important to note that no indicator or trading strategy guarantees success in the markets. The use of this indicator should be done with caution, considering the inherent risks in trading. Users should test and evaluate the indicator thoroughly on demo accounts before applying it to live trades.📊 Stock Screener -
Symbol: The stock ticker symbol (e.g., AAPL, TSLA). Represents the company being analyzed.
Gap %: The percentage difference between the current open and the previous close. Used to identify gap-ups or gap-downs for potential breakouts or reversals.
VWAP: The average price weighted by volume. Used to assess institutional price levels. Price above VWAP indicates bullishness; below indicates bearishness.
RSI: A momentum oscillator measuring the speed and change of price movements. Values above 70 = overbought, below 30 = oversold.
ADX: Measures the strength of a trend (not direction). ADX > 25 = strong trend; ADX < 20 = weak or sideways. Often used with +DI and -DI.
Pullback: Indicates whether the stock is currently in a pullback (temporary retracement) within a larger trend. Useful for identifying entries in trending stocks.
Trend: Direction of the overall price movement: Bullish, Bearish, or Sideways. Calculated from multiple indicators like EMA, ADX, and price action.
Signal: A generated trading signal based on your strategy (e.g., Buy, Sell, Watch). Could combine multiple conditions like RSI oversold + price near support. ⚠️ Disclaimer:

This script is a technical analysis tool and is not financial advice. Trading involves risk, and past performance does not guarantee future results. Please test the indicator on demo accounts or historical charts before using it in live markets.

Always use proper risk management and make your own trading decisions.

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