Nifty Bustar

Key Features:
1. Dual Trend Confirmation System - Combines Trend Wave and Main Sync indicators for reliable trend direction
2. Smart Background Colors - Visual alert system: Green (both bullish), Red (both bearish), White (conflict)
3. Opening Range Analysis - Identifies key levels from 9:15-9:20 AM session with projection targets
4. Dynamic Trendlines - Automatically draws support/resistance lines with swing detection
5. Pattern Recognition - Detects symmetrical triangle patterns for breakout opportunities
6. Round Number Levels - Optional display of key psychological price levels (25-point intervals)
7. Custom EMA System - Add your preferred EMAs for additional confirmation
Perfect For:
· Nifty intraday traders
· Swing traders looking for clear entry/exit points
· Traders who want multiple confirmation signals
· Those who need visual trend direction at a glance
Setup Recommendations:
· Use default settings for Nifty 5-minute charts
· Combine with price action for best results
· Look for confluence between different indicators
Risk Warning:
This is a technical analysis tool.Always use proper risk management and combine with fundamental analysis. Past performance doesn't guarantee future results.
Settings Customization:
All features can be toggled on/off in settings.Adjust parameters according to your trading style and market conditions.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact chandansardar047 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact chandansardar047 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.