Banknifty Volume - IN

• This simple indicator computes the average Relative Strength Index of each Banknifty stock and displays the volume on the chart with color schemes while the average line indicates the average RSI of all Bank Stocks. This indicator works on Banknifty and its stocks.
  
• It works on all time frames
  How You can use this?
  You can use this indicator for Volume analysis if the average RSI line is above the 0 line, the stock is moving upside and vice versa for Downside .
  

הערות שחרור:

• Minor changes : RSI Period added in setting and more confirmation using EMA
  

הערות שחרור:

Set Timeframe as per your need

הערות שחרור:

Improvement

הערות שחרור:

The Trend Reversal Cloud with Customized timeframe option was added to help forecast when reversals will happen.

הערות שחרור:

*** Minor bug fix ***

הערות שחרור:

Now you can set the weightage as per your requirements from setting panel