OptionsScalper123

Nifty_Options Scalping

This is Another version of 'Option Scalping V2'. Here we plot values of stock with highest weightage on Nifty . There is minor difference between our previous indicator 'Options Scalping V2' and this indicator. This minor change is important thats why we kept this indicator as separate.

This Indicator is Owned by Team Option Scalping.
It has 4 Plots and 2 Tables.

This indicator to be used only in BankNifty Futures

VWAP ( Volume weighted average price )
• User can input the source and enable/disable the VWAP from input section.
• When price is more than the VWAP its Bullish Trend and vice versa.

VWMA ( Volume weighted moving average )
• Default value of 20 is used in VWMA . User can enable/disable it from input section.
• When price is more than the VWMA its Bullish Trend and vice versa.

Parabolic SAR
• User can input “start”, “increment” and “maximum” values from input section and can enable/disable SAR also.
• When price is more than the Parabolic SAR its Bullish Trend and vice versa.

SuperTrend
• User can input ATR Period and ATR Multiplier values from input section. By defaults it’s 10 and 2.
• User have option of enable/disable “Change ATR calculation Method”, if enabled then ATR is calculated differently for SuperTrend.
• Enable/disable “BUY/SELL signals” on SuperTrend.
• When price is more than the SuperTrend its Bullish Trend and vice versa.


Top Right Corner TABLE ( 6 , 10 )

When you are trading in Banknifty futures , we have to check major Banks which is contributing to Banknifty move. So we have given that in this tab.

This table consist data of 9 following stocks:
BankNifty
Nifty
• Dow
VIX
• RIL
HDFCBANK
INFY
HDFC
• ICICBANK
TCS

And following data of each stock has been provided:
• LTP
• Daily Change
• Daily Percentage Change
• 15-minute Change Percentage
• 1-Hour Change Percentage


Bottom Right Corner TABLE (3, 6 )

This table consist of 4 indicators values and Up/Down indicator:
VWMA (When price is more than the VWMA its Bullish and vice versa)
• SuperTrend (10.2, When price is more than the SuperTrend its Bullish and vice versa.)
RSI (14)
VWAP (When price is more than the VWAP its Bullish and vice versa.)
Release Notes: Updates Color Codes

Contact us on
Mob:- +91-7760122123
Email :- support@oipulse.com
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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