OPEN-SOURCE SCRIPT
Peer Performance - NIFTY36STOCKS
Updated
I have created a peer performance dashboard for:
36 stocks from:
5 sectors of Nifty 100
This kind of dashboard is very useful for traders when they are planing to trade in a stocks and like to see how that is stocks is performing against other stocks in the same sector . Picking outperforming stocks will always give outstanding results when market starts moving. os having view on teh complete sector will always be good for traders before picking a specific stock.
Sectors covered in this indicators are:
It will help traders reviewing performance ( stock return in last 1 year) of group of stocks from a particular sector .
Basically 5 functions are used to plot this dashboard
* using "if " function to shortlist the stocks and the sector it belongs to.
*tablo function to plot a table with specific parameters like number of row and columns, color of the frame of table
* Getting yearly return into a series of variables using "request.security" function
* str.tostring function is used to convert yearly return into a series of text so that it can inserted into the table cell.
* finally plotting all the text and yearly return values using table.cell function
36 stocks from:
5 sectors of Nifty 100
This kind of dashboard is very useful for traders when they are planing to trade in a stocks and like to see how that is stocks is performing against other stocks in the same sector . Picking outperforming stocks will always give outstanding results when market starts moving. os having view on teh complete sector will always be good for traders before picking a specific stock.
Sectors covered in this indicators are:
- * Indian Auto Sector
* Banking Sector
* Oil, Gas and Energy Stocks
* Cement Sector
* Technology Sector
It will help traders reviewing performance ( stock return in last 1 year) of group of stocks from a particular sector .
Basically 5 functions are used to plot this dashboard
* using "if " function to shortlist the stocks and the sector it belongs to.
*tablo function to plot a table with specific parameters like number of row and columns, color of the frame of table
* Getting yearly return into a series of variables using "request.security" function
* str.tostring function is used to convert yearly return into a series of text so that it can inserted into the table cell.
* finally plotting all the text and yearly return values using table.cell function
Release Notes
Changes done to correct the color coding for positive and negative yearly returnOpen-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Founder-CEO - TogetherInvesting Club
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
942A, Spaze TechPark, Sohna Road, Gurgaon, 122001, India
Disclaimer
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