It's Spread between Nifty & Banknifty Create your own pair to see the relative price movement between 2 Script. This indicator is a good reference tool to do hedge trading. Users can enter the exchange and ticker name they like.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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