live Market Information
Day Clue Indicator plots days information like "Initial Balance and Range", "Day Range", "Current Day (for NIFTY and BANKNIFTY it takes the future )", "ATR", if the scrip is NIFTY or BANKNIFTY then it shows the difference between SPOT and Future price so that trader will come to know future is trading at premium or discount ,it shows current day name at bottom right corner, and it plots the Ema-20 and Ema-200. These information will update during live market.
Information for Next Trading Session
Day Clue Indicator plots "Previous Day High", "Previous Day Low", "Central Range-CPR with S1 and R1","It indicate tomorrow is Trading Day or Trading Holiday(other than Weekend Holidays)" these are information used for next day that will be plot today itself once market closed
Limitations of Day Clue Indicator
- Day Clue Indicator only work in Indian Market(NSE and BSE )
- Day Clue Indicator only work in "1-mins, 5-mins, 15-mins" Timeframes, if you switch to other timeframe like 30-mins,1-Hour, Daily then information will hide
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 a publication is governed by House Rules. You can favorite it to use it on a chart.