OPEN-SOURCE SCRIPT
NIFTY Adv/Dec Live Count
1) NIFTY Index Advance-Decline count
2) Each session, it reads the number of stock are +Ve or -Ve
3) Whichever the side +Ve or -Ve side moving stock is more than count will be plotted
4) at +/- 25 drawn a dotted line if Count is > = +/-25 Nifty is moving in a strong army
Eg:-
in the current session, 30 Stock is moving in +Ve direction & 10 are in -Ve direction
30 count will be plotted in the chart
2) Each session, it reads the number of stock are +Ve or -Ve
3) Whichever the side +Ve or -Ve side moving stock is more than count will be plotted
4) at +/- 25 drawn a dotted line if Count is > = +/-25 Nifty is moving in a strong army
Eg:-
in the current session, 30 Stock is moving in +Ve direction & 10 are in -Ve direction
30 count will be plotted in the chart
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.