Pullback Signals for BANKNIFTY & Nifty

⚠️Use it on 3min time frame
Pullback Buy CE/PE Scalp Signals and High Volume Indication for BANKNIFTY & Nifty

This indicator is designed specifically for:

• BANKNIFTY Spot
  
• Nifty Spot
  
• BANKNIFTY Continuous
  
• Nifty Continuous
  

It provides:

• Pullback Buy and Sell Signals (CE/PE) 📊: Based on high volume indications and sideways market detection.
  
• High Volume Signals 🟢🔴: Differentiates between high volume positive and negative signals.
  
• Sideways Market Detection ⏸️: Identifies periods of sideways movement to optimize signal accuracy.
  
• EMA Filtering 📉: Uses Exponential Moving Average (EMA) to filter signals in trending markets.
  
• VWAP Plotting 📊: Includes the Volume-Weighted Average Price (VWAP) for additional trend analysis.
  

Ideal for scalping strategies in trending and sideways markets.

Release Notes:

Update code & chart