NKPTechnicalTrader

FnoPulse Strength Indicator

FnoPulse ST is an indicator it will show over bought and over sold to identify the reversals. it is created based on the intraday price movements. By using this we can detect reversals, continuations and trend strength, read on. ( we can apply this in lower timeframes like , 5min, 15min, 30min, 1hr)

FnoPulse ST has 3 main components:
Trend Cloud (Green/red area )
Signal line (Green/Red)
background color (Green/Red)

How does it work?
The Cloud is in green trend is in uptrend.
The Cloud is in red trend is in downtrend.
The signal will show the momentum .
The background color will show the stock direction.

What are the signals?
it wont generate any signals. just it will plot only cloud and signal line of trend.

Can we set the Alert on this?
No, we can not set the alert based on cloud or signal line..

IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min, 15min, 30min, 1hr time frame. Lower/High period gives more incorrect signals. Don't use this in daily time frame.


Try it! Good luck and good trading!

For access, please PM us or visit the link below in our Signature.
Release Notes: table labels added

Thanks for checking us out!

For access to our TradingView scripts, join my Telegram group : https://t.me/Nkptechnicals
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact NKPTechnicalTrader for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

This is my personal indicator. I can give access to fnopulse members.

Want to use this script on a chart?

Warning: please read before requesting access.