INVITE-ONLY SCRIPT
NSE BankNifty Spot Volume - by GrowMore Indicators
Diupdate
NSE BankNifty Spot Volume - by GrowMore Indicators !!
HOW Does it work ?
Trading volume is a measure of how much of a given financial asset has traded in a period of time. For stocks, volume is measured in the number of shares traded and, for futures and options, it is based on how many contracts have changed hands. The numbers, and other indicators that use volume data, are often provided with online charts.
The Spot Volume of NSE Bank-Nifty is hard to calculate, but TradingView Pine made it easier to calculate the actual spot volume of Bank-Nifty.
As Bank-Nifty users are aware that the Bank-Nifty comprises of 12 banks and each bank has its own weightage in Bank-Nifty movement.
The Indicator has 12 inputs of banks that are in NSE Bank-Nifty and next beside there is weightage input for that particular bank,
now this weightage is modified by NSE every month so it should be changed every month. The link to it is - www1.nseindia.com/content/indices/ind_nifty_bank.pdf
User must update the weightage given by NSE into indicator to use it flawlessly.
Disclaimer : Here the volumes are average of volume - of all Bank-Nifty banks.
User Options : Option to input security name and weightage nearby.
also have SMA of volume of user defined length.
Visual Checks - The user could manually validate the back test results on various assets they would like to use this strategy on before putting it live.
How to get access
Please click on the link / email available in the signature or send me a private message to get access.
Feedback
Please click on the link/email in the signature or send me a private message for suggestions/feedbacks.
HOW Does it work ?
Trading volume is a measure of how much of a given financial asset has traded in a period of time. For stocks, volume is measured in the number of shares traded and, for futures and options, it is based on how many contracts have changed hands. The numbers, and other indicators that use volume data, are often provided with online charts.
The Spot Volume of NSE Bank-Nifty is hard to calculate, but TradingView Pine made it easier to calculate the actual spot volume of Bank-Nifty.
As Bank-Nifty users are aware that the Bank-Nifty comprises of 12 banks and each bank has its own weightage in Bank-Nifty movement.
The Indicator has 12 inputs of banks that are in NSE Bank-Nifty and next beside there is weightage input for that particular bank,
now this weightage is modified by NSE every month so it should be changed every month. The link to it is - www1.nseindia.com/content/indices/ind_nifty_bank.pdf
User must update the weightage given by NSE into indicator to use it flawlessly.
Disclaimer : Here the volumes are average of volume - of all Bank-Nifty banks.
User Options : Option to input security name and weightage nearby.
also have SMA of volume of user defined length.
Visual Checks - The user could manually validate the back test results on various assets they would like to use this strategy on before putting it live.
How to get access
Please click on the link / email available in the signature or send me a private message to get access.
Feedback
Please click on the link/email in the signature or send me a private message for suggestions/feedbacks.
Catatan Rilis
WHAT IS UPDATED ?Updated with the New Color Function by Pine !!!
Catatan Rilis
WHAT IS UPDATED ?==> Moving Average Line is now Hull Moving Average,
The Table is plotted at bottom right showing dynamic values of volume in Hull Moving Average and Volume of Banknifty Spot.
Catatan Rilis
WHAT IS UPDATED ? -in version 3
# The Color options for bullish and bearish columns is updated.
# The weightage for banknifty banks is updated, the link is - niftyindices.com/indices/equity/sectoral-indices/nifty-bank
Catatan Rilis
What is Updated ?# Options to add or remove volume moving average.
# Weightage updates in Bank-Nifty constituents.
Catatan Rilis
What Is Updated ?# Input section Updates.
# Unser defined resolution added.
Catatan Rilis
What is Updated ?# Updated to Pine version 5.
# Minor Input tweaks.
Catatan Rilis
What is Updated ?# 'Weightage updated and link is niftyindices.com/indices/equity/sectoral-indices/nifty-bank'.
# Negative Volume Bars are below Zero Line.
# Input Tweaks.
Catatan Rilis
What is Updated ?# Minor Input Tweaks.
# Old format is taken back.
# Weightage is updated.
Catatan Rilis
What is updated ?In version 9, below is updated=
# New Text Box is added.
# Banknifty Weightage update link is added in text box.
# Input section have bank names fixed with weightage can be edited.
# Cosmetic Changes.
Catatan Rilis
What is updated ?# Banks Updated with the NSE Indices website.
# Percentage update from NSE Indices website.
Catatan Rilis
What is updated ?In this version v11, below is updated=
# Weightage is updated.
# Index Volume by TradingView is added as a cell to compare with derived volume.
Skrip hanya-undangan
Akses ke skrip ini dibatasi hanya bagi pengguna yang telah diberi otorisasi oleh penulisnya dan biasanya membutuhkan pembayaran untuk dapat menggunakannya. Anda dapat menambahkannya ke favorit anda, tetapi anda hanya akan dapat menggunakannya setelah meminta izin dan mendapatkan aksesnya dari pembuat skripnya. HubungiGrowMore_Indicators untuk informasi lebih lanjut, atau ikuti instruksi penulisnya dibawah ini.
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Instruksi penulis
″For Questions, Help, Discussion, Access ::
Drop a Text/WhatsApp message to = +917016549487,
e-mail to growmoreindicators@gmail.com
or Telegram: https://t.me/GrowMore_Indicators
Inggin menggunakan skrip ini pada chart?
Peringatan: harap membaca sebelum meminta akses.
For Questions, Discussions, Access :: Drop a Text/WhatsApp message to = +917016549487, e-mail to growmoreindicators@gmail.com or Telegram: t.me/GrowMore_Official
Pernyataan Penyangkalan
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