Banknifty Brahmāstra — Indicator by MELTINGPOINT

candlestickanalysis forecasting options bankniftytrading banknifty bankniftytrend bankniftyanalysis bankniftyintradaylevels

Banknifty Brahmastra Indicator is a Basic Simulating Indicator.

This indicator is built for capturing trend using average to plot buy / sell signal on chart.

Banknifty Brahmastra Indicator integrates visual labels to easily interpret signal for common people.

This indicator is also provide simple color code while trend continuations into candle colour along with background colour for confronts with trading decisions.

This basic indicator can use as an entry / exit reference points into complex strategies.

This Indicator can be used for any stocks and indexes but Indian traders can use this for especially into bank nifty futures & options to get maximum positive result decisions.

Release Notes:

This latest version of Banknifty Brahmāstra Indicator is specially designed for banknifty weekly option buying.

This Banknifty Brahmāstra Indicator are useful for traders to analyze & forecast the direction of price movements in options.

This Banknifty Brahmāstra Indicator is designed based on various mathematical calculations & statistical models.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact MELTINGPOINT for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Want to use this script on a chart?

Warning: please read before requesting access.