OPEN-SOURCE SCRIPT
Nifty Relative Performance
DISCRIPTION:-
This indicator is used to determine relative performance of a stock based on different time intervals as well as compared to benchmark indices as Nifty 50,Nift IT, Nifty auto etc.
USE CASE SCENARIO:-
The top right table provide performance of stock based on different interval
while the bottom table depicts its relative performance compared to an index
eg:-
INFY compared to Nifty 50
&
INFY compared to Nifty IT
DISCLAIMER:-
if using an android device kindly toggle full-screen mode and view it horizontally
In desktop full screen mode may provide better comprehensive view
This indicator is used to determine relative performance of a stock based on different time intervals as well as compared to benchmark indices as Nifty 50,Nift IT, Nifty auto etc.
USE CASE SCENARIO:-
The top right table provide performance of stock based on different interval
while the bottom table depicts its relative performance compared to an index
eg:-
INFY compared to Nifty 50
&
INFY compared to Nifty IT
DISCLAIMER:-
if using an android device kindly toggle full-screen mode and view it horizontally
In desktop full screen mode may provide better comprehensive view
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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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.