PROTECTED SOURCE SCRIPT
Mis à jour IPB_MA_Market_Breadth_NIFTY
This 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.
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.
Notes de version
By default, Number of stocks above 20 MA line is plotted for Nifty top 18 constituents comprising more than 90% of the index.Has features to change the Moving average to any number.
Has provisions to manually enter the stock as well.
This is a very effective market breadth indicator for Nifty Stocks.
GoodLuck.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Trading is my passion.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Trading is my passion.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.