This is a indicator which indicates breath of the market. If found relevant do let me know!! Only handpicked relevant 20 stocks (20 +ve indicator+ 20 -ve indicator) from different sector . As there is the limit of 40 script allowed only. Further modifications might be there if the limit is increased to 100 (50 +50 indicator) .
Release Notes
⋅
UPDATION Primary script was laggy and cumbersome as it has to calculate more than 40script ,the newer version is based on divergence based on nifty50equal and nifty50 freefloat weighted.
Just for my understanding how many scripts does it cover as of now? Only NIFTY or does it also look at BSE stocks? Thanks mate