Educational Destiny Modified Volume 1
It uses Current Contract Nifty Future volume (NIFTY1!) and Current Contract Banknifty Future volume (BANKNIFTY1!) to show you volume with modifications on Nifty & Banknifty Spot charts.
As Nifty spot & Banknifty spot Charts doesnot have a volume.
This indicator may assist those traders who trade in options.
looking at the chart of Nifty spot & Banknifty spot
but want to see some volume to get some idea.
Little bit of Maths & Calculation is used in this
indicator to show you volume with modifications.
If you will use it on Nifty Chart it will show
modified volume of Current Nifty Future.
If you will use it on Banknifty Chart it will show
modified volume of Current Banknifty Future.
If you will use it on Stock it will show that
particular stock volume with modification.
"REDUCE SIGNALS" is basically to disappear few volume bars which are below a specific calculated volume. (Remove bars with less volume)
"FURTHER REDUCE SIGNALS" will disappear few more volume bars as compare to "REDUCE SIGNALS". (Keep only bars with high volume)
You may select "REDUCE SIGNALS" or "FURTHER REDUCE SIGNALS" (Select only one out of these 2 options)
to see only significant volume rise.
If you will De-select both "REDUCE SIGNALS" or "FURTHER REDUCE SIGNALS" it will give Current Future volume for Nifty & Banknifty and Normal volume for Stocks with some calculated modifications.
This Indicator is only for Educational and Paper Trading Purpose. Please consult your financial Advisor before investing. This indicator may give error as it works on various data and calculations.
As Nifty spot & Banknifty spot Charts doesnot have a volume.
This indicator may assist those traders who trade in options.
looking at the chart of Nifty spot & Banknifty spot
but want to see some volume to get some idea.
Little bit of Maths & Calculation is used in this
indicator to show you volume with modifications.
If you will use it on Nifty Chart it will show
modified volume of Current Nifty Future.
If you will use it on Banknifty Chart it will show
modified volume of Current Banknifty Future.
If you will use it on Stock it will show that
particular stock volume with modification.
"REDUCE SIGNALS" is basically to disappear few volume bars which are below a specific calculated volume. (Remove bars with less volume)
"FURTHER REDUCE SIGNALS" will disappear few more volume bars as compare to "REDUCE SIGNALS". (Keep only bars with high volume)
You may select "REDUCE SIGNALS" or "FURTHER REDUCE SIGNALS" (Select only one out of these 2 options)
to see only significant volume rise.
If you will De-select both "REDUCE SIGNALS" or "FURTHER REDUCE SIGNALS" it will give Current Future volume for Nifty & Banknifty and Normal volume for Stocks with some calculated modifications.
This Indicator is only for Educational and Paper Trading Purpose. Please consult your financial Advisor before investing. This indicator may give error as it works on various data and calculations.