Auf geht's

BANKNIFTY

TradeWithAB Signal IndicatorThis indicator specifically designed for Momentum trading by an Intraday trader on index( Nifty , BankNifty ) and Equity stocks. This indicator works with DMI and PRICE ACTIONS which gives automated Buy and Sell signals along with Stop loss and Trailing Stop loss when certain criteria are met. It is not a Holy Grail system that gives you continuous profits and it has some limited downfalls also which can be controlled by proper risk Management and position sizing. This is a premium invite only indicator which can be use after given access to you by us. There are some guidelines on how to use this indicator which are given below and you have to follow these guidelines very strictly to get the maximum results. Guidelines :- 1. Timeframe - 5 min 2. Period should be changed on daily basis(if required) for index trading. 3. Period value would be basically derived from IND VIX value (closest integer) divided by 2. Ex 1. If the VIX value is 23.56, then it will be consider as 24. So the period value will be 24/2= 12. Ex 2. If the VIX value is 23.10, then it will be considered as 24. So the period value will be 24/2= 12. Ex 3. If the VIX value is 22.88, then it will be considered as 22. So the period value will be 22/2= 11. 4. Period value should be fixed at 20 for equity stocks. 5. DO NOT take any SWING or POSITIONAL trade with this indicator. 6. You have to take almost all the trade generated by this indicator on a particular stock/index for better results. 7. Signal confirmation is required for enter the trade as it will give you maximum profits. 8. GREEN TRIANGLE is represented as BUY Signal whereas RED TRIANGLE is represented as SELL Signal. 9. GREEN ARROW is considered as BUY TRAILING STOP LOSS as well as BUY RE-ENTRY for some scenarios. 10. RED ARROW is considered as SELL TRAILING STOP LOSS and SELL RE-ENTRY for some scenarios. 11. You have to avoid entering a trade on a round level zone. Eg- Banknifty 37000,35500,40000 etc etc. BUY Trade Management :- 1. Trade should be initiated if and only if there is a buy signal(Green Triangle) is generated with confirmation of its respective indices (Recent candle of respective index should be similar to the signal candle). *in case of BankNifty , Nifty will be its respective index and vice-versa. 2. You should only enter the trade at the CLOSE of the signal generated candle. 3. Your Stop loss should be placed at the LOW of the signal generated candle. 4. There is a trailing Stop loss signal (Green Arrow) after the buying signal is generated. 5. You should trail your Stop loss at the LOW of the trailing Stop loss signal generated candle. 6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your buy trade. 7. After Exiting the trade you have always option to re-enter at the next trailing Stop loss signal(green arrow) generated candle CLOSE and put your Stop loss at LOW of that candle and repeat the same trailing stop loss procedures. SELL Trade Management :- 1. Trade should be initiated if and only if there is a sell signal(Red Triangle) is generated with confirmation of its respective indices (Recent candle of respective index should be similar to the signal candle). *in case of BankNifty , Nifty will be its respective index and vice-versa. 2. You should only enter the trade at the CLOSE of the signal generated candle. 3. Your Stop loss should be placed at the HIGH of the signal generated candle. 4. There is a trailing Stop loss signal (Red Arrow) after the selling signal is generated. 5. You should trail your Stop loss at the HIGH of the trailing Stop loss signal generated candle. 6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your sell trade. 7. After Exiting the trade you have always option to re-enter at the next trailing Stop loss signal(red arrow) generated candle CLOSE and put your Stop loss at HIGH of that candle and repeat the same trailing stop loss procedures. Disclaimer :- *I am not a SEBI Registered Analyst and shall not be liable for any profit, loss or liability resulting, directly or indirectly from the use and results of the indicator. This is not a Holy Grail setup, sometimes the traders hit Stop loss and sometimes it gives amazing results as well. Instructions to access to this invite-only script:- *Send us a message if you wish to gain access to this indicator. The subscribers will get benefits of any future development or updates in the current script without any extra charges. Other trading style like swing and positional trading will also available in future updates.
Pine Script™ Indikator
von Trade_With_AB
4
Nifty / Banknifty Dashboard by RiTzNifty / Banknifty Dashboard : Shows Values of different Indicators on current Timeframe for the selected Index & it's main constituents according to weightage in index. customized for Nifty & Banknifty (You can customize it according to your needs for the markets/indexes you trade in) Interpretation :- VWAP : if LTP is trading above VWAP then Bullish else if LTP is trading below VWAP then Bearish. ST(21,1) : if LTP is trading above Supertrend (21,1) then Bullish , else if LTP is trading below Supertrend (21,1) then Bearish. ST(14,2) : if LTP is trading above Supertrend (14,2) then Bullish , else if LTP is trading below Supertrend (14,2) then Bearish. ST(10,3) : if LTP is trading above Supertrend (10,3) then Bullish , else if LTP is trading below Supertrend (10,3) then Bearish. RSI(14) : Shows value of RSI (14) for the current timeframe. ADX : if ADX is > 75 and DI+ > DI- then "Bullish ++". if ADX is < 75 but >50 and DI+ > DI- then "Bullish +". if ADX is < 50 but > 25 and DI+ > DI- then "Bullish". if ADX is above 75 and DI- > DI+ then "Bearish ++". if ADX is < 75 but > 50 and DI- > DI+ then "Bearish+". if ADX is < 50 but > 25 and DI- > DI+ then "Bearish". if ADX is < 25 then "Neutral". MACD : if MACD line is above Signal Line then "Bullish", else if MACD line is below Signal Line then "Bearish". PDH-PDL : "< PDH > PDL" means LTP is trading between Previous Days High(PDH) & Previous Days Low(PDL) which indicates Rangebound-ness. "> PDH" means LTP is trading above Previous Days High(PDH) which indicates Bullish-ness. "< PDL" means LTP is trading below Previous Days Low(PDL) which indicates Bearish-ness. Alligator : If Lips > Teeth > Jaw then Bullish. If Lips < Teeth < Jaw then Bearish. If Lips > Teeth and Teeth < Jaw then Neutral/Sleeping. If Lips < Teeth and Teeth > Jaw then Neutral/Sleeping. Settings : Style settings :- Dashboard Location: Location of the dashboard on the chart Dashboard Size: Size of the dashboard on the chart Bullish Cell Color: Select the color of cell whose value is showing Bullish-ness. Bearish Cell Color: Select the color of cell whose value is showing Bearish-ness. Neutral Cell Color: Select the color of cell whose value is showing Rangebound-ness. Cell Transparency: Select Transparency of cell. Columns Settings :- You can select which Indicators values should be displayed/hidden. Rows Settings :- You can select which Stocks/Symbols values should be displayed/hidden. Symbol Settings :- Here you can select the Index & Stocks/Symbols Dashboard for Index : select Nifty/Banknifty if you select Nifty then Nifty spot, Nifty current Futures and the stocks with most weightage in Nifty index will be displayed on the Dashboard/Table. if you select Banknifty then Banknifty spot, Banknifty current Futures and the stocks with most weightage in Banknifty index will be displayed on the Dashboard/Table. You can Customise it according to your needs, you can choose any Symbols you want to use. Note :- This is inspired from "RankDelta" by AsitPati and "Nifty and Bank Nifty Dashboard v2" by cvsk123 (Both these scripts are closed source!) I'm not a pro Developer/Coder , so if there are any mistakes or any suggestions for improvements in the code then do let me know!
Pine Script™ Indikator
von Keanu_ritz
27
Volume Indicator NSE + BSE + Future Current & Next MonthThis 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 Benefits As shown in the chart above, price shot up as the volume appeared in BSE but not NSE. These conditions can be caught easily and right decisions can be made Since Future volumes are also combined, it gives an accurate picture of volumes on any given instrument during last of week of monthly expiries when contract rollovers happen
Pine Script™ Indikator
von ILuvMarkets
5
[VDB]Advanced BankNifty VolumeNSE:BANKNIFTY Index is traded significantly along with NIFTY and having a VOLUME indicator is very helpful for those who follow it extensively as it is used to measure the relative significance of a price move. Given TradingView doesn’t provide the VOLUME on Index chart, many end up using BANKNIFTY FUTURE chart for volume information. This indicator helps providing that VOLUME information. Get VOLUME You Prefer – FUTURE : This extracts VOLUME data from BANKNIFTY FUTURE chart. INDEX : VOLUME is calculated by the weighted sum (Composite method) of underlying stock’s spot volume for all the 12 stocks of the Bank Nifty Index. INPUTS : Volume Moving Average in added to show the LINE and also used in calculation to change volume bars color if that input is selected. Color Bars Based on Average VOLUME : Selecting this helps changing the Color of VOLUME bars to lighter color if volume < average volume. Color Bars Based on Previous Close : Selecting this input changes the Color of VOLUME bars based on “Previous Close” than “Current Open”. BANKS & WEIGHTAGE : Here all 12 underlying banking stocks of Bank Nifty Index are listed along with their weightage in the index. IMPORTANT NOTE : Changing any settings of the indicator leads to its complete recalculation. The result may differ from the expected one. Weightage of each stock changes by end of every month. Always to refer NSE NIFTY BANK composition and weightage from NSE website. DISCLAIMER : This indicator has been created for educational reference only and do not constitute investment advice. This indicator should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Market data or any other content is subject to change at any time without notice. Liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of this indicator is accountability of user.
Pine Script™ Indikator
von vireshdb
1
BANKNIFTY Expiry Price v1.0This indicator will predict the BankNifty Expiry price for the last 30 min. Use this indicator on a 1 min chart on BankNifty index as shown above. The orange line is the predicted price. BankNifty closing price is calculated based on the Weighted Average Price of its constituents in the last 30 min and will vary from the actual index price. Last 30 min on expiry day is very volatile in Banknifty and option premiums are mis-priced due to the underlying moves. This indicator helps in estimating the actual Banknifty weighted avg closing price. The weights of the constituents need to be updated constantly on a weekly basis to keep the error rate to minimum. The prediction is normally off by +/- 10 points to the actual closing price.
Pine Script™ Indikator
von ILuvMarkets
18
yuyutsu-banknifty-beta"yuyutsu-banknifty-beta" indicator is a strategy especially made for NSE/BSE Banknifty. Strategy has various sub strategies which can be selected to check back tested accuracy and profit factor. Strategies works best on 3m /15m for intraday. Sub strategy "Swing" can be applied on either nifty and banknifty. I have also added checkboxes for 3m/15m which implictly selects best combination for desired results. Below are the sub strategies which user can use and perform back testing. HMA Daily Weekly Closing Daily Monthly Closing Pivot Previous day open close Gap up/down 75m analysis ORB Swing TDI VMWA VWAP Ripster clouds
Pine Script™ Strategie
von desmoquatro
53
Nifty and Bank Nifty Dashboard V2This shows a performance glance of Dow and major Constituents of NSE:NIFTY or NSE:BANKNIFTY . This is an enhancement to the Bank nifty dashboard published earlier. Usage • Customizable Table and Style settings • Customizable Indicator Settings • Customizable Time frame of Indicators in Table. Can change to higher or lower TF other than the chart time frame • Customizable Input symbols. Can modify with the Scripts you want to track. • The Last row will be the current script viewed in charts. • Can enable or disable indicators on the chart like ST, SMA, VWAP. • Strong Volume Indication at bottom based on the average volume inputs for Nifty, Bank Nifty and for other stocks volume > 20 ma(volume) • Displays bank nifty stocks if Bank nifty is the open chart else it will display top Nifty Stocks. • This will help to monitor the performance of various scripts. • Can change the stock list according to usage/Index. • It will show all the symbols if Additional Symbols is selected. Buy-Sell Signal • Volume > Average Volume, it Shows # • ST – Buy - Price > Super trend (10,2) and vice versa • SMA – Buy - Price > MA and vice versa • RSI – Buy – RSI > 50, Sell – RSI < 40 • ADX: Buy - ADX > 25, DMI+ Above DMI - and vice versa • Previous day High low is not considered for buy or sell score calculation. This is just for additional observation. • ATR will be highlighted when change > 0.75 of the average true range of daily price. Strong colours will be shown for respective boxes when some additional conditions satisfy. Style settings Dashboard Location: Location of the dashboard on the chart Dashboard Size: The size of the dashboard on the chart Text/Frame Color: Determines the colour of the frame grid as well as the text colour Bullish Cell Color: Determines the colour of cell associated with a rising indicator direction Bearish Cell Color: Determines the colour of cell associated with a decreasing indicator direction Cell Transparency: Transparency of each cell
Pine Script™ Indikator
von cvsk123
34
RankDelta - Ranks - v1.0Market Intelligence Summary Conditions for Buy VWAP: Price trading above VWAP Alligator: Price is trading above Lips which is trading above Teeth which is trading above Jaw ST (21,1): Price is trading above Super trend (21,1) ST (14,2): Price is trading above Super trend (14,2) ST (10,3): Price is trading above Super trend (10,3) RS: Comparison of stocks vs respective index. If the % change of banks stocks over the given timeframe is more than Banknifty index then it is “Buy” Signal Similarly, if the % change of IT stocks over the given timeframe is more than NIFTY IT index then it is “Buy” Signal If the % change of NIFTY constituent (RIL, HDFC) over the given timeframe is more than NIFTY index then it is “Buy” Signal Conditions for Sell VWAP: Price trading below VWAP Alligator: Price is trading below Lips which is trading below Teeth which is trading below Jaw ST (21,1): Price is trading below Super trend (21,1) ST (14,2): Price is trading below Super trend (14,2) ST (10,3): Price is trading below Super trend (10,3) RS: Comparison of stocks vs respective index. If the % change of banks stocks over the given timeframe is less than Banknifty index then it is “Sell” Signal Similarly, if the % change of IT stocks over the given timeframe is less than NIFTY IT index then it is “Sell” Signal If the % change of NIFTY constituent (RIL, HDFC) over the given timeframe is less than NIFTY index then it is “Sell” Signal
Pine Script™ Indikator
von AsitPati
320
TEWY - Magic Strength Indicator (SI) ScreenerDetail about this indicator This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic. Below are the parameters that you may need to use to get outperforming indices/tickers. 1. Screener Set Name : • Here you can see few of the predefined Index/Ticker sets i created, which you can use to screen Index/Ticker. • If you select Set for 'Indices' you will get the list of Indices which are out performing NSE:NIFTY. Once you know which index is outperforming, then select the Set for that Index which I already given in the dropdown. That you will get the list of outperforming stock under that index. • If you want to see all scripts of selected Sector Index that are outperforming NIFTY and may or may not be be outperforming Sector index, then please uncheck the box for "Outperforming Child Index Also". This will get you all the list of Stocks/Tickers which are outperforming Main Index NIFTY. • If you want to see out-performers for specific period of time then change "How Many Outperforming Candles/Bars" as per your choice • If you want to see under performers for Short trades then select "Find Short Trades" checkbox • If you want to see the scripts which are just changed there signal then select "Latest Only" checkbox Always respect RISKS and follow stop loss. In market stop loss is the only friend of yours. I have given a sample illustrational image below, which should help you understand this indicator. Best of luck
Pine Script™ Strategie
von TradeEasyWithYogesh
BANK NIFTY Constituents Technical Rating [tanayroy]Banknifty comprises 12 companies listed on the National Stock Exchange of India (NSE). Movement of Banknifty depends on these stocks. The script depicts Technical rating and price change stats of Banknifty constituents. I have calculated the weight factor using annual floating stock stats available in Tradingview. So, it may differ considerably from the actual weight. It is just for reference. I have found this useful in my trading. Please like, share, and comment.
Pine Script™ Indikator
von tanayroy
9
Bank Nifty ParticipantsBankNifty Index is calculated based on the movements of its participants. Every time you think of why is Index going up/down, who is actively dragging the index either ways, this Indicator gives you the answer for the same in realtime! For example : You see HDFCBank and Kotak Bank significantly up while all other banks going down but index reacting in a bullish mode, the answer lies in which Bank is contributing how much to the index! This will help you in pre-planning your trades based on the movements shown by different banks in Index calculation. Or on the other hand, you see HDFCBank on verge of breakout and you have target of 10 points, this indicator will help you in identifying how much the index will react to the 10 points movement shown by HDFC Bank which is the leading participant in Bank Nifty. RSI column is an add-on to the participation table which will help you in getting RSI values of different banks at a glance. You will see values getting updated in realtime in live market. Checkout for customisations in indicator settings. Note : Participants present in this indicator and their participation percentage is taken from the official NSE website. Feel free to contribute/comment changes if any! - Published by Soham Dixit
Pine Script™ Indikator
von dixitsoham7
61
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
Pine Script™ Indikator
von ILuvMarkets
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
Pine Script™ Indikator
von TradeEasyWithYogesh
12
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.
Pine Script™ Indikator
von jellygill
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.
Pine Script™ Indikator
von scorpiomanoj
4
Options Scalping V2This 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.)
Pine Script™ Indikator
von OptionsScalper123
72