Bursa Malaysia Index SeriesBursa Malaysia Index Series. The index computation is as follows:-
Current aggregate Market Capitalisation/Base Aggregate Market Capitalisation x 100.
The Bursa Malaysia Index Series is calculated and disseminated on a real-time basis at 60-second intervals during Bursa’s trading hours.
Bursasaham
Divergence Energy Pro (DE Pro) MI05Divergence Energy Pro acts as an trend & volatility indicator calculated by combination of Moving Average data.
The Green bar indicates bullish energy, while the Red bar indicates bearish energy.
The length of the colour (red/green) bar indicates the energy's strength/momentum.
When the fisrt or second Green bar above the Zero Axis 💚 and MA line represents a strong bullish energy,
whereas the first or second Red bar below the Zero Axis ❤️ and MA line represents a strong bearish energy.
Apart from tracking the bullish/bearish trend in the market, it may be used to monitor the divergence/convergence between price and technical indicator.
Divergence occurs when the price moves in the opposite direction of a technical indicator, potentially leading a price shift.
Disclaimer:
This script indicator is solely for the purpose of education / opinion sharing only, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
Thank you.
Bursa Index KLCI VS Stock/Equity (MI08)Bursa index KLCI versus stock indicator can be used as a benchmark to help investors compare the performance of the KLCI index and individual equity/stock.
The Green bar indicates that the stock has outperformed the KLCI index.
The Orange bar indicates that the stock has underperformed the KLCI index.
This indicator is not appropriate for comparing to the stock that is a component of the FBM KLCI, as it is already included in the bursa index.
The length of the bar indicates the strength of the stock/index.
Do not reply exclusively on the indication to trade. It is merely an analytical technique to assit investors in determining the strength and weakness of particular equity/stock relative to the KLCI index.
Disclaimer:
This script indicator is solely for the purpose of education / opinion sharing only, and should not be construed as investment advice or recommendations to buy or sell any security.
Get your trade advise from a legit broker, you are responsible on your own trade.
Thank you.
