OPEN-SOURCE SCRIPT
FNO Simple Signals: EMA 9/21 + VWAP by Avis
How it behaves on chart (5 or 15 min F&O):
BUY signal: EMA 9 crosses above EMA 21 and price is above VWAP → one green “BUY” triangle under that candle.
SELL signal: EMA 9 crosses below EMA 21 and price is below VWAP → one red “SELL” triangle above that candle.
Below is a clean, stable indicator for F&O: EMA 9/21 + VWAP + very light ORB, no risky time arithmetic.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.