INVITE-ONLY SCRIPT

BTST/STBT/NextDayBias/TomorrowTREND Scanner (CUSTOMIZE-SCRIPT)

BTST/STBT/NextDayBias/TomorrowTREND Scanner (CUSTOMIZE-SCRIPT) PORTFOLIO SAVER

Check out profile/Bio for other advanced tools like the Auto Support Resistance Combined and the Intraday Stock Trend Scanner. Feel free to reach out to me there for any inquiries or support!

This scanner toolkit includes features based on price action, Fibonacci ratios, and quantitative analysis, providing next-day trend insights across all segments.

Popular trading strategies like BTST (Buy Today, Sell Tomorrow) and STBT (Sell Today, Buy Tomorrow) are incorporated, allowing traders to capitalize on short-term price movements without holding positions for multiple days.

BTST (Buy Today, Sell Tomorrow): In a BTST trade, traders buy stocks at the end of the trading day and sell them the next day.

STBT (Sell Today, Buy Tomorrow): In an STBT trade, traders sell stocks today and plan to buy them back at a lower price the next day.

Next-day trend bias prediction based on prior and current market data is possible, and this tool has been effective for indices like NIFTY, BankNifty, MidCapNifty, FINNIFTY, Sensex, and other major indices. Stocks also respond well, while commodities perform on a good-to-average basis.

Using Next-Day Bias:

>Bullish signals can favor buy-on-dips or buy-on-breakout strategies.
>Bearish signals can favor sell-on-rise or sell-on-breakdown strategies.
>The tool also indicates trend intensity: Neutral, Normal, Medium, or High.

Key Features:
:-Analyzes next-day trend bias before the close of tomorrow’s market.
:-Customizable options allow any script to be added and checked.
:-Helps manage overnight risk in volatile markets.
:-No need to update settings/parameters manually.
:-Multi-timeframe support (1 min, 3 min, 5 min, 15 min).
:-Best used 15 to 30 minutes before market close as a real-time scanner.

Drawbacks:
The tool may give false signals in highly oversold or overbought conditions across multiple time frames.

If you have any questions or feedback, feel free to leave a comment, and I’ll do my best to respond!

Disclaimer: Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may not perform as well as in historical backtesting. My scripts/indicators/ideas/algos/systems are for learning purposes only.

The information provided does not constitute financial advice. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual’s trading does not guarantee future results or returns. Decisions should be based solely on an evaluation of one’s financial circumstances, investment objectives, risk tolerance, and liquidity needs.
High-Low IndexPrice Volume Trend (PVT)Trend Analysis

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Instruksi penulis

Ten days trial access will be given for testing this invite only script before you subscribe .To get access please send private chat message to me in tradingview. Please read signature field and description of the indicator to get to know more about tool

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