Options Scalping V2

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
• INDIA
• VIX
• HDFC
• ICICI
• KOTAK
• AXIS
• SBI

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

Updated Color Transparency

Release Notes

Added INDUSINBK Data

Release Notes

Now Can Enable/Disable Indicator Table

Release Notes

Dow Symbol update

Release Notes

Minor update of Dow symbol to YM1!

Release Notes

Color update

Release Notes

Color Transparency update

Release Notes

Minor Color Update

Release Notes

Convert Script to version 5
Table position option

Release Notes

Minor Updates

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

OptionsScalper123

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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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

OptionsScalper123

Also on: