srinivasbusy

Weighted Bank Movement

The indicator comprises of a solid line that moves from -100 to +100 signifying the % of weighted movement among 12 banking stock constituting to the BANK NIFTY movement.
A positive value denotes the percentage of banks among the 12 banks that are trading above the previous HLC average ( High , Low , Close ) and vice versa a negative value denotes the percentage of banks trading below the previous HLC ( High , Low , Close ) average.

Comments and feedback are welcome.

Should you have any doubts or wish to access the script then please feel free to DM me.
Release Notes: Updated plot style from line to columns and split them by the the stocks trading in above the previous close and below the previous close and a gray line denoting the stocks trading same as the previous candle close .
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 srinivasbusy for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until 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 Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.

|~ Srinivas.K

Comments

Hello please can u give access ?
Reply
srinivasbusy TradingDk12
@TradingDk12, Hi , please DM me .
Reply
hi srininvass your indicator is practical please give permission
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out