Weighted Bank Movement

11 במאי 2020

The indicator comprises of a solid line that moves from -100 to +100 signifying the % of weighted movement among 12 banking stock constituting to the BANK NIFTY movement. A positive value denotes the percentage of banks among the 12 banks that are trading above the previous HLC average ( High , Low , Close ) and vice versa a negative value denotes the percentage of banks trading below the previous HLC ( High , Low , Close ) average. Comments and feedback are welcome. Should you have any doubts or wish to access the script then please feel free to DM me.

3 בנוב׳ 2020

הערות שחרור

Updated plot style from line to columns and split them by the the stocks trading in above the previous close and below the previous close and a gray line denoting the stocks trading same as the previous candle close .