User can replace the stocks as per their respective exchange
User can select 3 Time Frames of his/her choice
User can change the OverBought / OverSold Values to 70/30. This indicator uses 80/20.
BELOW 50 = PINK COLOR
OVERSOLD = MAROON COLOR
ABOVE 50 = LIGHT GREEN COLOR
OVERBOUGHT = DARK GREEN COLOR
For Example : This Chart and the Indicator snapshot shows, the stock BPCL is Oversold for the 30 Min TimeFrame
For Example : The indicator snapshot shows, the stocks HDFC and AUBANK have their RSI's below 50 across the 30 Min / 60 Min / 120 Min
Please give it some time to load, and every time you change Resolution.
Add another one , to have a screener screening 24 stocks :)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
Considered HCL Technologies, Zydus , Piramal Enterprise , HDFC Bank from NSE.
Changed the RSI OVERBOUGHT VALUE to 60, and RSI OVERSOLD VALUE to 40 (IN THE SCREENER)
Timeframe considered is 15MIN, 30MIN, 60MIN.
The screener gives outcome of
60MIN 30MIN 15MIN
sym1=input("NSE:ZYDUSWELL") OB OB OB
sym2=input("NSE:PEL") Between 50-60 Between 50-40 Between 50-40
sym3=input("NSE:HDFCBANK") OS OS Between 50-40
sym4=input("NSE:HCLTECH") Between 50-60 Between 50-60 Between 50-60
Posting screenshots of the same
SCREENER OUTCOME SCREENSHOT FOR 60MIN 30MIN 15MIN WHILE USING OB=60 AND OS=40
60MINS CHARTS SCREENSHOT FOR ZYDUS, PEL,HDFCBANK,HCLTECHNOLOGIES FROM NSE
30MINS CHARTS SCREENSHOT FOR ZYDUS, PEL,HDFCBANK,HCLTECHNOLOGIES FROM NSE
15MINS CHARTS SCREENSHOT FOR ZYDUS, PEL,HDFCBANK,HCLTECHNOLOGIES FROM NSE
satyapn1971, MY QUESTION TO YOU IS WHAT IS NOT WORKING HERE?