Options Scalping V2

13. Juli 2021

This Indicator is Owned by Team Option Scalping.
It has 4 Plots and 2 Tables.

This indicator to be used only in BankNifty Futures

VWAP ( Volume weighted average price )
• User can input the source and enable/disable the VWAP from input section.
• When price is more than the VWAP its Bullish Trend and vice versa.

VWMA ( Volume weighted moving average )
• Default value of 20 is used in VWMA . User can enable/disable it from input section.
• When price is more than the VWMA its Bullish Trend and vice versa.

Parabolic SAR
• User can input “start”, “increment” and “maximum” values from input section and can enable/disable SAR also.
• When price is more than the Parabolic SAR its Bullish Trend and vice versa.

SuperTrend
• User can input ATR Period and ATR Multiplier values from input section. By defaults it’s 10 and 2.
• User have option of enable/disable “Change ATR calculation Method”, if enabled then ATR is calculated differently for SuperTrend.
• Enable/disable “BUY/SELL signals” on SuperTrend.
• When price is more than the SuperTrend its Bullish Trend and vice versa.


Top Right Corner TABLE ( 6 , 10 )

When you are trading in Banknifty futures , we have to check major Banks which is contributing to Banknifty move. So we have given that in this tab.

This table consist data of 9 following stocks:
• BankNifty
• Nifty
• Dow
• INDIA
• VIX
• HDFC
• ICICI
• KOTAK
• AXIS
• SBI

And following data of each stock has been provided:
• LTP
• Daily Change
• Daily Percentage Change
• 15-minute Change Percentage
• 1-Hour Change Percentage


Bottom Right Corner TABLE (3, 6 )

This table consist of 4 indicators values and Up/Down indicator:
• VWMA (When price is more than the VWMA its Bullish and vice versa)
• SuperTrend (10.2, When price is more than the SuperTrend its Bullish and vice versa.)
• RSI (14)
• VWAP (When price is more than the VWAP its Bullish and vice versa.)

19. Okt. 2021

Versionshinweise

Updated Color Transparency

23. Jan. 2022

Versionshinweise

Added INDUSINBK Data

30. Jan. 2022

Versionshinweise

Now Can Enable/Disable Indicator Table

12. Dez. 2022

Versionshinweise

Dow Symbol update

20. Dez. 2022

Versionshinweise

Minor update of Dow symbol to YM1!

20. Dez. 2022

Versionshinweise

Color update

3. Jan. 2023

Versionshinweise

Color Transparency update

5. Feb. 2023

Versionshinweise

Minor Color Update

1. Aug. 2023

Versionshinweise

Convert Script to version 5
Table position option

10. Aug. 2023

Versionshinweise

Minor Updates