This is an updated version of NIKI MS
1.2. The previous version had a repainting problem due to multi-time frame analysis. This script will work without repainting .It is more suitable for Bank Nifty
on 5 minutes time frame. Added an automatically updated linear regression
script to confirm the trend direction and signal. The background color indicates the main trend and the color of the candle indicates the short term trend. Re-entry are marked as short entry RE: SE and long entry RE: LE. You can adjust the target and stoploss from the indicator settings. The indicator parameter BW
and the candle change% need to be adjusted for different types of stocks.
Contact us using the links below to get access to this indicator