VOLATILITY BANDS BY ISHUThis is the simple trading system based on volatility where these bands are used as entry points and trailing stops . A brief explanation of the system is as below.
Because the volatility of a stock is its standard deviation, we can statistically establish “confidence Intervals” of the price moves. In statistics, a one standard deviation range means that there is a 68-
percent likelihood the stock price will stay within the range (a 67-percent confidence interval). The confidence value for different standard deviations are
1.00 - 68%
1.28 - 80%
1.50 - 88%
2.00 - 95%
So, we draw bands at various standard deviation levels like 0.25, 0.5, 1, 1.28, 1.65 and 2 from the previous day’s close. Entry is made once the price cross above a Band and the same band because the stop loss. When the price crosses above the next band the stop loss is shifted to this band value. This point can be also a “ADD ON” point. In the same way trading can be done on the down side as well.
The current formula uses the VIX values of the previous day which is available from NSE web site. The High Value of the VIX is used for the higher Bands and the Low value of the VIX is use for the lower Bands. This is Intraday Trading system only. The system is ideally suited for the Index as it is based on the VIX.
This system belongs solely to @karthikmarar , all credits goes to Mr.karthik , i am feeling very grateful blessed and privileged at same time as i came across his huge sea of knowledge. Please give a visit on his page, follow him and show your support !🙏🏻
Niftyindia
Winning tickThis screener can be used for intraday purpose only. it generates Buy and sell signal based on pre defined criteria. script can be used across all product type however this can be used in different time frames.
please note before using this script please do necessary back testing from your end,.
Disclaimer : please consult your financial advisor before Buying/selling stocks based on this indicator. This is created for educational purpose and user of this indicator is solely responsible for result.
Nifty VWAP
NIFTY INDICES IS WIEGHTAGE OF 50 STOCKS AS DECIDED BY EXCHANGE.
NSE VWAP CALCULATES COMBINED VWAP OF THESE 50 STOCKS AND GENERATES VWAP FOR NIFTY
Indian Market OutlookIndian Market Outlook provides an information Panel for Major Nifty Indices, Indicators and the status of your stock time frames 2,5,15,30,60 minutes in one window.
It provides Up/Down Trend of the NIFTY & Other Indices.
NIFTY Trend OverlayThis will be useful to check with other NSE stocks and give real time updates on NIFTY trend on top of your stock of interest. The percentage change from previous day and a 3 bar immediate trend has been aggregated to show the trend
