OPEN-SOURCE SCRIPT
Bank Nifty Weighted Indicator
The Bank Nifty Weighted Indicator is a comprehensive trading tool designed to analyze the performance of the Bank Nifty Index using its constituent stocks' weighted prices. It combines advanced technical analysis tools, including Bollinger Bands, to provide highly accurate buy and sell signals, especially for intraday traders and scalpers.
Open-source script
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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