Most of the indicators that we are using today are designed in the 1960's. In the age of supercomputers are these indicators proven to be successful?
Did you ever think why Nifty/Bank Nifty is moving up/down? Then what's the underlying reason?
Market Internal system provides this information to you and helps you to understand the true reason behind the up/down moves. it's not the PIVOT/RSI/MACD/CROSSOVERS that dictate the moves. Its the free-float market capitalization and it's weightage assignment that dictates the Nifty and Bank Nifty movement
See the Market Internal Indicators that we have created for our OWN INDIAN MARKET to help our traders to compete with professionals.
1. Weighted Distributed ADVANCE and DECLINE line (Tells you the positive and negative movement based on the underlying stock)
2. Free Float Capitalization Weighted ADVANCE and DECLINE Line (Tell you how the underlying weightage assignment is affecting the Indices movement)
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